Business News

A renewable energy group founded by the former chief executive of Petrofac, the oilfield services group which collapsed during the autumn, will this week announce a £40m fundraising despite signs of growing tension over its leadership.

The market seems to be content, for now at least, to keep betting big on AI.

The Christmas period is upon us, and goods are flying off the shelves, but for some reason, the tills are not ringing as loudly as they should be.

Elon Musk has just gotten even closer to being the first-ever trillionaire after a court reinstated his Tesla stock options worth billions.

The owner of the fashion brand LK Bennett is this weekend racing to find a saviour amid concerns that it could be heading for collapse for the second time in six years.

Black Friday sales do not appear to have provided much cheer for retailers amid continued consumer caution, according to official figures.

WH Smith is being investigated by the City watchdog after the company revealed accounting failures in its US operations.

The £100 cap on contactless card payments is to be lifted – under changes that will allow some shoppers to set their own limits.

One of the world's biggest esports organisations is exploring a sale that could value it at about $100m (£74.7m) after receiving approaches from potential buyers.

TikTok's Chinese owner has signed a deal to sell the company's US arm to American investors – ensuring the video platform can continue operating in the United States.