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Business
Adani Green says ‘aware’ of US anti-graft probe into third party
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Adani Green, the renewable energy business owned by…
Trader Joe’s cashews recalled in 16 states due to salmonella risk
Cashews sold at Trader Joe's stores in 16 states have been recalled over potential salmonella contamination, health officials have said. The product, sold as "Trader Joe's…
Airbus ends talks with Atos on deal for big data and security unit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Airbus has walked away from talks with Atos over a…
Bank of Japan hikes interest rates for first time in 17 years
The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on…
Tesco to change Clubcard logo after losing case to Lidl
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesco will stop using its Clubcard logo in its current…
Unilever to cut 7,500 jobs, spin off ice cream unit
Unilever announced Tuesday it is laying off thousands of workers worldwide and plans to spin off its ice cream unit to become a "more focused company." Unilever, the maker…
European investment banks cut bonuses after deal drought
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Europe’s investment banks have cut bonuses for a second…
Tesla CEO Elon Musk defends ketamine use as beneficial for investors
Following allegations of illegal drug use, Tesla CEO Elon Musk defended his ketamine prescription as beneficial for investors in an interview with former CNN host Don Lemon.…
America’s dollar stores are struggling
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For Dollar Tree, the blockbuster deal to buy Family…
Tara Hankinson, LeAnn Darland, founders of Talea Beer Co, see success in taproom and online sales
In recent years, beer sales have maintained gradual growth since they took a nosedive in 2020. In 2019, beer revenue in the U.S. was over $120 billion, according to Statista.…