China to pump $54bn into state banks and insurers to boost economy
China is injecting 360 billion yuan ($53.6 billion) into eight state-owned banks and insurance companies to strengthen its financial system and support its slowing economy.
UK’s biggest private hospital firm Spire agrees £1bn takeover by hedge fund
Spire Healthcare, Britain’s largest private hospital operator, has agreed to a £1bn takeover by Toscafund Asset Management in a 250p-per-share deal.
Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Bond markets are experiencing widespread volatility as countries face multi-decade high interest rates, driven by Middle East tensions, major tech company borrowing for AI infrastructure, and questions about government fiscal credibility.
Ford’s production of highly profitable Super Duty trucks hits 20-year high as it recovers from supplier fires
Ford’s Super Duty truck production reached a 20-year high in August as supply chain recovery progresses following supplier fires that disrupted output over the past year.
B&Q and Five Guys among firms which paid staff below minimum wage
Over 600 UK employers, including B&Q and Five Guys, were named for underpaying staff below minimum wage requirements, with £4m returned to workers and £7m in penalties issued.
Heathrow expansion ‘a risk we cannot afford to take’, says mayor
London’s mayor formally opposes Heathrow’s proposed third runway, citing threats to climate targets and transport networks. He argues the expansion plan relies on outdated evidence incompatible with net zero goals.