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Tag: Business

£20.5bn rescue plan slashes Thames Water projects to stave off collapse

Creditors pitch £20.5bn lifeline for Thames Water, cutting projects to avoid nationalisation

Alibaba rockets $50bn in a day as AI surge ignites Chinese tech stocks

Alibaba’s AI-fuelled earnings sent shares up 19%, adding $50bn and boosting Baidu and Tencent

Mounjaro shipments halted: UK faces chaos before 170% price hike

Eli Lilly halts UK supply of Mounjaro until September as cost of top dose soars by 170%

OpenAI eyes $500bn valuation, outpacing SpaceX in explosive share sale talks

OpenAI in talks for share sale that could crown it the most valuable private tech firm in history

High street banks in crisis after £100bn deposit exodus to digital challengers

KPMG warns of major profit slump as savers abandon big banks for better-paying online rivals
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