About those Boeings
More than 170 Boeing passenger jets have been grounded after a refrigerator-sized hole opened up in a plane mid-flight. Phones, magazines and even the shirt off a child’s back were sucked out of an...
View ArticleOoops
Two major airlines have discovered loose bolts on multiple Boeing 737 MAX 9 aircraft, raising new concerns over the jet model. US regulators grounded some 171 Max 9s on Saturday after a panel blew off...
View ArticleTrademark law is difficult
A Norfolk couple have won a battle with one of the world’s richest men over the name of their home and gardening business. A tribunal ruled in favour of Victoria and Lawrence Osborne, L V Bespoke, this...
View ArticleWe have our answer here
Robert Bull, the bungalow tycoon nicknamed “Bob the Builder”, is being chased by creditors just nine months after being crowned as one of Britain’s richest men with an estimated fortune of £1.9bn. Now,...
View ArticleWell, yes, obviously
Labour’s plan to ban new oil and gas drilling is “economically senseless” and threatens to bring forward rig shutdowns by a decade, a major North Sea operator has warned. Amjad Bseisu, chief executive...
View ArticleWell, yes
The retreat of Britain’s two largest supermarkets from the banking world underlines the difficulty of competing with the “Big Four” — Barclays, Natwest, Lloyds and HSBC. “At the end of the day, where...
View ArticleHow long?
These sellers use “dropshipping” services so that they never own the stock they are sending to their customer, removing the traditional risk that comes with shifting products. Instead, once an order...
View ArticleReally quite astonishing
Yes, Yes, I know, we all make fun of Facebook because it’s for us elederly types now – the cool kids are elsewhere etc. And yet: Meta revealed close to half the world’s population has signed up to join...
View ArticleBusiness lessons
Electric van maker once valued at £10bn collapses into administration OK Arrival had planned to make electric vans and buses at small, robot-led “microfactories” that would be cheaper to set up than...
View ArticleMore of this please
English National Opera sacks singers during interval Critics condemn handling of redundancies as ‘cruel, wicked and thoughtless’ after performers notified halfway through show Us Dickensians will not...
View ArticlePerhaps not really debts, but costs
Taxpayers will be forced to pay millions of pounds to sacked staff at The Body Shop as administrators oversee a drastic restructuring of the collapsed chain. Well, OK, that’s what the law is. But...
View ArticleThassa a pretty cool contract
Sir Richard Branson stands to receive at least £250 million from Nationwide as an “exit fee” when the building society stops using the Virgin Money brand after its takeover of the struggling challenger...
View ArticleA very believable story, don’t you think?
The toothbrushes were made in China and supplied to Aldi, with payments from the retailer due to go into an account controlled by Synergy, so that the finance company could be paid back. But Aldi were...
View ArticleSeems fair
Arnault seems to be turning LVMH into a family fiefdom. Possibly, possibly. And yet his control of the empire is opaque, with 48pc of the equity, and 68pc of the voting rights. Not much opaque about...
View ArticleErr, whut?
In one year alone, Thames paid a £656m dividend – pushing the group into the red. Dividends are post-profit, right? It’t literally impossible for a dividend to cause a loss – to go into the red.The...
View ArticleUmm
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View ArticleWide boy
Not that anyone thought different: A lab-grown diamond company founded by one of Labour’s biggest donors has been banned from showing adverts that fail to say its gems are artificial. Skydiamond, set...
View ArticleErr, yes?
They show that Amazon often had its thumb on the scale, creating scenarios to give itself a leg up or create hit products at the expense of rivals. They bought lots of Trader Joe’s products in order to...
View ArticleWorth getting the Body Shop story right
The Body Shop collapsed after HSBC withdrew a line of credit and the chain’s private equity buyer failed to secure new funding, The Telegraph can reveal. A shortfall worth at least £100m arose after...
View ArticleJohn Naughton, sigh
One symptom of their anxiety is the way they have been throwing unconscionable amounts of money at the 70-odd generative AI startups that have mushroomed since it became clear that AI was going to be...
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