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Twitter’s chief executive to give out company shares to staff

Twitter's new chief executive Jack Dorsey has said he is going to give a third of his shares in the firm to staff -...

Hamleys in ‘advanced’ talks to be sold to Chinese business

255-year-old toy retailer, is in “advanced” talks to be sold to a Chinese women’s footwear business for £100m. Hong Kong-listed C.banner International Holdings confirmed discussions...

YouTube to launch subscription service for videos in the US

YouTube is launching a subscription plan in the US this month that will give users unlimited advert-free access, as well as the media site’s...

Debenhams boss to step down amid shareholder pressure

Debenhams boss Michael Sharp announced plans to step down in 2016 to end speculation over his role at the group amid shareholder pressure for...

EU demands Starbucks, Fiat repay tax break funds

The European Union is demanding that US coffee chain Starbucks and car manufacturer Fiat repay up to €30m in tax breaks they received from...

Dyson launches legal action against rivals Bosch and Siemens

Dyson has launched legal action against rivals Bosch and Siemens alleging that they are misleading consumers in behaviour akin to the Volkswagen scandal. The British...

Sky profits rise as pay TV giant shrugs off BT challenge

Pay TV giant Sky shrugged off the increasing threat from rival BT as it notched up its best first quarter UK customer growth for...

Argos owner warns over full-year profits amid weak demand for TVs and tablets

The owner of Argos has warned over full-year profits after first half earnings nearly halved at the high street chain amid weak demand for...

Apple Music has racked up 6.5 million paying customers

Apple’s new streaming service, Apple Music, has reached 6.5 million paying subscribers, chief executive Tim Cook has revealed – with 8.5 million more using...

Growth in Chinese economy slows to six-year low

China’s economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert...

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