Category : Corporate


Diageo names ex-Tesco boss Dave Lewis as new CEO

Struggling drinks giant Diageo appoints former Tesco chief Sir Dave Lewis as CEO to lead its recovery. The FTSE 100 firm faces falling shares and profit warnings. Discover the turnaround plan.

Five Guys Hunts New Investor for European Arm

Sir Charles Dunstone's Freston Ventures seeks investor for Five Guys Europe through Goldman Sachs. The burger chain could be valued at over £500m. Discover the details.

Musk's $56bn Tesla Pay Package Cartoon Critique

Martin Rowson's biting cartoon depicts Elon Musk's record $56bn Tesla compensation package, questioning corporate governance in billionaire pay deals. See the visual commentary.

Elon Musk's $1 Trillion Pay Packet Explained

Tesla shareholders approve Elon Musk's colossal $1 trillion pay package. We break down what this unimaginable sum could buy, from global sports leagues to entire cities.

Musk's $1trn Tesla pay package gets green light

Tesla shareholders approve Elon Musk's record $1 trillion pay package, setting the stage for him to become the world's first trillionaire. Discover the ambitious targets he must hit.

Elon Musk's $1 Trillion Tesla Pay Package Approved

Tesla shareholders have approved a monumental $1 trillion pay package for Elon Musk, setting ambitious targets that could make him the world's first trillionaire. Discover the details and what it means for Tesla's future.

Goldman Sachs promotes seven in EMEA wealth team

Goldman Sachs International has promoted seven senior professionals within its EMEA private wealth management division to managing director roles, signalling strong growth in the region's wealth business.

Goldman Sachs hires Evercore banker for Evelyn Partners sale

In a significant recruitment coup, Goldman Sachs has hired senior Evercore banker James Rucker to spearhead the upcoming sale of Evelyn Partners' wealth management division, signalling intensified competition in London's financial advisory landscape.

BDO fined £6.5m for fake audit evidence

The UK's accounting watchdog has handed BDO a massive £6.5 million penalty after discovering the audit giant fabricated documents and misled investigators in the Aldermore Bank audit case.

Novo Nordisk cuts forecasts again as drug demand slows

Danish pharmaceutical giant Novo Nordisk has cut its sales and profit forecasts for the second time in three months, sending shockwaves through the healthcare sector as demand for its blockbuster weight-loss drugs shows signs of slowing.

Billionaire Gopichand Hinduja dies at 85

The passing of Gopichand Hinduja, co-chair of the influential Hinduja Group, marks the end of an era for global business and Indian industry. Discover his remarkable journey and legacy.

PJT Partners Fees Soar 37% in M&A Comeback

Investment bank PJT Partners reports dramatic fee growth amid resurgent merger activity, signalling strong recovery in global dealmaking with London playing key role.

Norway fund rejects Musk's £44bn Tesla pay deal

In a stunning shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package at Tesla's annual meeting, dealing a major setback to the billionaire CEO.

Primark splits from ABF in corporate shake-up

Associated British Foods announces historic separation of Primark from its food business, creating two independent FTSE 100 companies in landmark corporate restructuring.

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