Latest stories, analysis, and insights from the world of business.
Bunch, an AI-native platform for fund managers and institutional investors to manage the entire fund lifecycle, raised €30.1M in Series B funding led by Portage Ventures to modernize Europe's private markets infrastructure.
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The UK government has eased strict sanctions on Russian oil refined into diesel and jet fuel in third countries amid rising fuel prices and supply concerns following the closure of the Strait of Hormuz due to the US-Israel war with Iran.
Corporate transformations fail at a 70% rate because leaders misunderstand how people actually change, not because employees resist change. By applying behavioral science principles and treating employees as customers of change, organizations can dramatically improve their odds of success.
CircuitHub, a circuit board manufacturing company that produces boards based on customer specifications, closed a $28 million Series A funding round led by Plural, enabling the startup to expand its manufacturing capabilities.
The UK government is urging supermarkets to voluntarily limit food prices on essential groceries like eggs, bread, and milk in exchange for easing packaging regulations. The proposal has drawn criticism from retailers, with the British Retail Consortium calling it "1970s style price controls."
New York City Mayor Zohran Mamdani is pursuing an aggressive wealth-taxation agenda that could soon target private jet owners through Port Authority surcharges or aircraft registration taxes. Private aviation professionals outline three realistic tax scenarios and strategies for operators to protect themselves.
Roblox Corporation has announced its inaugural $3 billion share repurchase program, planning to buy back $1 billion worth of stock within the next year as the gaming platform navigates a challenging year with shares down approximately 45% year-to-date.
Unleaded petrol has risen to 158.52p a litre, its highest level since the start of the Iran war in February, driven by energy supply disruptions in the Middle East.
The International Monetary Fund has upgraded its forecast for UK growth in 2026 to 1% from 0.8%, but warned that the Iran war and domestic uncertainty could still impact the economy's performance.
British Gas has agreed to pay £20m into a redress fund to settle an investigation into the forced fitting of prepayment meters on vulnerable customers, and will also write off up to £70m of energy debt.
The UK economy showed surprising resilience in Q1 2026 with 0.6% growth despite the Iran war, outpacing other G7 nations. Economics editor Faisal Islam examines six key charts revealing the economy's health, sector performance, and emerging consumer confidence concerns.
The UK economy grew by 0.3% in March, confounding analyst forecasts of contraction, as consumers and businesses brought forward spending ahead of expected price rises from the Iran conflict.
Higher ticket prices for air travellers in Europe are "inevitable" due to increased jet fuel costs caused by Middle East conflict disruptions, according to the International Air Transport Association, despite some airlines currently offering discounted fares.
The head of the International Air Transport Association warns that higher ticket prices for air travellers in Europe are inevitable due to soaring jet fuel costs, despite some recent fare reductions driven by weak demand.
The International Air Transport Association chief warns that higher ticket prices for European air travel are "inevitable" due to rising jet fuel costs, despite some airlines currently offering discounts to attract passengers.
The head of the International Air Transport Association warns that higher airline ticket prices across Europe are unavoidable due to surging jet fuel costs linked to Middle East disruptions, though he stressed there's no need to panic about fuel shortages.
The head of the International Air Transport Association says higher ticket prices for air travellers in Europe are "inevitable" due to soaring jet fuel costs, despite some airlines currently offering discounts to stimulate demand.
Modella Capital has announced plans to close up to 150 of the 480 high street stores it acquired from WHSmith and rebranded as TGJones, citing challenging retail conditions and rising operating costs.
Tesla has valued Elon Musk's 2025 compensation package at $158 billion, though he cannot access the funds unless he meets ambitious milestones including raising the company's market value to $8.5 trillion.