Top shares dragging the FTSE 250 Index as it drops into a correction
The FTSE 250 Index has moved into a correction after falling by 10% from its highest point this year. It dropped to £21,500, its lowest level since November 2025, amid concerns about the ongoing Iran war and its impact on
Unilever in talks to sell foods unit to McCormick in mega deal
British consumer goods major Unilever said on Friday it has received an inbound offer for its foods business and is in discussions with McCormick & Company, although it cautioned that there is no certainty a deal will be finalised. McCormick separately
Tesla taps China for $2.9B solar gear in major US expansion push: report
Tesla is planning to scale domestic solar production by sourcing nearly $2.9 billion worth of manufacturing equipment from Chinese suppliers, a Reuters report said on Friday. The initiative aligns with Elon Musk’s broader goal of building large-scale solar capacity within the
Inside Alibaba’s reset: 34% job cuts, profit shock, and AI gamble
Alibaba has sharply reduced its workforce as it restructures its business and intensifies its focus on artificial intelligence. The Chinese e-commerce and technology group ended December with 128,197 employees, down from 194,320 a year earlier, marking a decline of about