Thames Water faces row over £1m payment to finance chief
Thames Water paid its chief financial officer a £1m signing fee last month despite financial scrutiny and environmental sanctions against the company serving 16 million customers.
Harvey Nichols warns it could collapse without rescue deal, as bidders circle
Harvey Nichols warns it will collapse without investment as its Hong Kong owner seeks buyers, with Mike Ashley’s Frasers Group among potential bidders for the struggling luxury retailer.
How AI is changing jobs in the Philippines’ outsourcing industry
AI adoption in the Philippines’ outsourcing industry is reshaping employment, with some workers reporting redundancy after training AI systems, while industry leaders claim most roles will be redeployed rather than eliminated.
Salad and Go files for Chapter 11 bankruptcy after cyclospora fears worsened its challenges
Salad and Go files for Chapter 11 bankruptcy and is closing all locations, citing strategic challenges, weakening demand, and higher costs compounded by cyclospora outbreak concerns.
US beef prices have soared but farmers aren’t making more money
US beef prices have reached record highs, but cattle ranchers, feedlot operators, meatpackers, and restaurants report minimal profit increases due to proportionally elevated input costs throughout the supply chain.
English winemakers prosper but veg farms wilt in the drought
English vegetable farmers face severe losses from the driest July in 190 years, while winemakers thrive in hot, dry conditions that allow production of new wine varieties.