Next, the FTSE-100 retail behemoth is among a pack of suitors considering a new year swoop to buy LK Bennett, the struggling fashion retailer. Sky News has learnt that Next is weighing a cut-price offer to buy LK Bennett’s brand and other intellectual property assets as it prepares to call in administrators. Retail industry sources…
US President Donald Trump has said American oil companies will be allowed to move into Venezuela to tap its vast crude reserves following a US military operation that led to the capture of President Nicolás Maduro. Speaking at a press conference on Saturday, Trump said major US energy firms would invest billions of dollars to…
The unstoppable rise from a social media fad to a major force in the economy is complete. These platforms now shape the economy, affecting how we work, buy, sell, and innovate. They have moved from the periphery to the core, proving that connection, in the digital age, has undeniable commercial power. What began as a digital playground for sharing…
The private equity backers of London’s biggest estate agency chain are exploring a potential sale valuing it at more than £500m, despite the looming threat of Rachel Reeves’ new “mansion tax”. Sky News has learnt that Oakley Capital, which acquired a majority stake in Dexters in 2021, is close to hiring investment bankers to evaluate…
Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global markets…
Getty Images People in China will pay a 13% sales tax on contraceptives from 1 January, while childcare services will be exempt, as the world’s second-largest economy tries to boost birth rates. An overhaul of the tax system announced late last year removes many exemptions that were in place since 1994, when China was…
Global investment opportunities are set to widen meaningfully in 2026, as easing monetary policy, a weakening US dollar, and profit growth outside the United States reshape capital flows, according to a Franklin Templeton report. The asset manager report titled ‘Global Investment Outlook 2026 and Beyond’ said that global markets are entering a phase where returns…
