IAG nine-month pre-tax profit falls 15.8% as fuel bill rises 18.6%
British Airways owner IAG reported nine-month pre-tax profit of €3,045m, down 15.8%, as fuel costs climbed, and kept its full-year margin guidance.
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Asos swings to £93.5m operating profit as cyber incident trims trading by 2% to 4%
Asos reported a £93.5m operating profit for FY26 against a £212.3m loss a year earlier, and put the cyber incident hit to trading at 2% to 4% of GMV.
CMA still weighing responses on Google search user choice rule after consultation closed
The CMA is still analysing responses on a user choice rule for Google search, a month after its consultation closed, with two other requirements already imposed.
Diageo organic sales rise 1.4% as North America falls 3.6%
The Guinness maker held fiscal 2027 guidance after organic growth of 1.4% in the first quarter, with North America sales down 3.6% on market softness.
Verizon’s CEO Just Put a $500 Billion Price Tag on SpaceX’s Wireless Dream
There is a Verizon store somewhere in Midtown Manhattan that has a glass front, a red logo, and a row of phones on plastic stands, just like every other Verizon…
SpaceX Made $561 Million From the Boring Company Without Selling a Single Share
Tesla vehicles transport people between casino resorts and conference rooms via a tunnel beneath the Las Vegas Convention Center. They travel silently through concrete hallways that resemble a prototype for…
High Court shuts Manchester firm that sold distressed companies for £1
The Insolvency Service said Clark Sinclair Limited took £123,052 from directors of indebted companies before the High Court in Manchester wound it up.
Tribunal extends motor finance challenge hearing to 3 March with redress suspended
The Upper Tribunal has lengthened the hearing on the FCA's motor finance scheme to 16 February to 3 March 2027, and lenders need not pay redress until it ends.
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