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Tuesday, October 14, 2025
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Lego builds solid sales despite coronavirus

Danish toy company Lego saw its half-year sales rise solidly despite the coronavirus pandemic, as it benefited from long-term investments in e-commerce and product...

Walmart may team up with Microsoft in bid for US arm of TikTok

Walmart has said it may join Microsoft to buy the US arm of TikTok, the popular Chinese-owned video app that has come under fire...

Rolls Royce slumps to record €6bn loss amid Covid-19 crisis

Rolls-Royce has revealed record half-year losses due to plunging demand for air travel amid the pandemic as it unveiled plans to sell off parts...

Facebook to pay 106 million euros in back taxes to France

Facebook’s French subsidiary has agreed to pay 106 million euros (£94 million) in back taxes and penalties following persistent government efforts to get online...

Longtime Amazon executive Jeff Wilke to retire next year

Amazon retail chief Jeff Wilke, who has helped the company transform itself from an online bookstore into a global colossus, is retiring early next...

Airbnb bans house parties worldwide

Airbnb is banning house parties worldwide as it tries to clean up its reputation and comply with coronavirus-related limits on gatherings. The San Francisco-based home...

Apple becomes first US company to be valued at $2 trillion

Apple has become the first US company to boast a market value of $2 trillion (€1.68 trillion), just two years after it became the...

New Look launches restructuring to cut shop rents and debt pile

High street retailer New Look has launched a major restructuring of its finances to reduce its costs after sales were hit by the coronavirus...

US passenger train company drops Virgin as partner

The partnership between Richard Branson’s Virgin Group and the private Florida passenger train service Brightline has ended less than two years after it started. Brightline...

EasyJet increases summer flights to meet demand

EasyJet has said it is operating more flights than previously planned due to demand exceeding expectations. The airline is expanding its schedule to 40 per...

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