Business

Poundland’s parent company is preparing to hand over tens of millions of pounds to help fund a takeover of the struggling British discount chain.

The Hong Kong-based investor CK Infrastructure Holdings (CKI) is demanding to be readmitted to the auction of ailing Thames Water, days after its preferred bidder walked away and pushed it closer to the abyss of nationalisation.

KPMG, one of the world’s big four accountancy firms, is preparing to kick off a process to select its next global chairman amid growing speculation that its UK chief intends to stand for the role.

A plastic recycling business which counts Nestle, the Swiss consumer goods giant, among its backers, will this week unveil a multimillion pound capital injection from one of its key shareholders.

Wood Group, the troubled London-listed oil services company, is racing to finalise a cut-price takeover by a Gulf-based rival by the end of the month.

Alcatel returns with the launch of V3 series of smartphones in India: Key features, price, availabilityThe French brand boasts of patented NXTPaper Display technology to sooth your eyes

Marks & Spencer (M&S) has resumed some online clothes orders six weeks after a damaging cyberattack that the retailer has warned will cost it hundreds of millions of pounds.

What if chatbots do the diplomacy? ChatGPT just won a battle for world domination through lies, deceptionIn an AI simulation of great power competition of 20th century Europe, Open AI’s ChatGPT won through lies, deception, and betrayals, and Chinese DeepSeek R1 resorted to vivid threats just like its country’s wolf warrior diplomats. Read to know how different AI models would pursue diplomacy and war.An artificially intelligence (AI)-generated photograph shows various AI models that competed in the simulation for global domination.

Apple’s liquid glass, AI tools and more: Everything the tech giant unveiled at WWDC 2025Apple’s WWDC 2025 showcased its biggest visual overhaul in a decade — Liquid Glass — a translucent design for iOS, macOS, watchOS and more. Alongside it came AI-powered tools, Mac-like multitasking for iPad, a new universal OS naming scheme, and redesigned gaming, messaging and navigation experiencesApple CEO Tim Cook and Senior Vice President of Software Engineering Craig Federighi speak during Apple’s annual World Wide Developers Conference at the company’s headquarters in Cupertino, California, US, June 9, 2025. Reuters

The UK’s jobless rate ticked up to 4.6% in April while payrolled employment has fallen sharply since, according to official figures covering the period when budget tax hikes on businesses came into effect.