Business
- BusinessThe Telegraph
Mike Lynch masterminded ‘multiyear, multilayered fraud’, court hears
Mike Lynch has been accused of masterminding a “multiyear, multilayered fraud” at Autonomy that tricked HP into massively overpaying for the business.
3-min read - BusinessThe Telegraph
Baby formula lawsuit wipes £7bn off FTSE 100 giant
Consumer goods giant Reckitt has suffered a £7bn share price slump after it lost a US legal case claiming its baby formula contributed to the death of a premature child.
41-min read - BusinessThe Telegraph
Evergrande accused of £60bn fraud by Chinese authorities
Evergrande, the world’s most indebted property developer, has been accused of fraudulently inflating its revenues by £62bn.
2-min read - BusinessThe Telegraph
Encyclopedia Britannica plots $1bn stock market listing
Encyclopædia Britannica is preparing to join the US stock market with a hoped-for $1bn (£850m) valuation.
2-min read - BusinessThe Telegraph
Electric lorry maker backed by David Beckham collapses into administration
An electric vehicle (EV) start-up backed by celebrities including David Beckham and Jack Whitehall has put its commercial arm into administration, blaming the Government’s decision to delay a ban on petrol car sales.
3-min read - BusinessThe Telegraph
Giving up oil is a ‘fantasy’, says Saudi Aramco chief
Ditching oil and gas is a “fantasy” amid increasing demand, one of the world’s most powerful oil and gas bosses has said.
38-min read - NewsThe Telegraph
Heathrow has lost its status as a global transport hub, says Dubai Airports boss
Heathrow’s inability to expand means it has lost its status as a global transport hub, the boss of Dubai Airports has said.
3-min read