Business News

Foreign states face 15% newspaper ownership limit amid Telegraph row

Foreign state investors would be allowed to hold stakes of up to 15% in British national newspapers, ministers are set to announce amid a two-year battle to resolve an impasse over The Daily Telegraph's ownership.

UK's only global luxury brand to cut 1,700 jobs

Burberry, the UK's only global luxury brand, is to cut around 1,700 jobs worldwide over the next two years after reporting a steep financial loss.

Co-op updates on recovery after cyber attack forced empty shelves

The Co-op has said food stocks will start to recover from the weekend as it battles back from a cyber attack that forced it to take key systems offline.

Evri and DHL UK merger to deliver stronger Royal Mail rival

A tie-up between Evri and DHL's UK parcel delivery business has been agreed, potentially creating a larger rival to Royal Mail.

Police investigating series of crypto kidnappings with executives tied up and their fingers cut off

Authorities in France are investigating a series of kidnappings linked to the world of cryptocurrencies.