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Tag: Business

Ovo Energy slashes spending as financial pressures mount

Ovo Energy is cutting millions from its budget to meet Ofgem’s tougher financial rules and convince investors of its stability as it struggles to raise new funding.

Tesla pushes $1tn Musk pay deal, but will shareholders swallow it?

Ahead of a high-stakes shareholder vote, Tesla defends a $1tn pay plan for Elon Musk as critics call it excessive and risky

Shein bans sex dolls after French authorities launch childlike doll investigation

French prosecutors open probe as Shein removes listings and vows to tighten content oversight

Nvidia becomes world’s first $5tn company amid AI boom

US chip giant’s value now tops the GDP of every country except the US and China

HSBC warns Madoff case could take years to settle after $1.1bn legal hit

Bank says lawsuit over Madoff Ponzi scheme may take “years” to resolve as profits fall 14%
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