Keywords: Business


Upper Crust owner SSP says Middle East disruption slows recent sales growth

SSP Group, the owner of the well-known food chain Upper Crust, announced that recent geopolitical tensions in the Middle East have affected passenger traffic in some parts of Asia and Europe, leading to slower sales growth during recent weeks. The company stated that like-for-like sales increased by......

Capita maintains growth forecast as public sector revenue rises

British outsourcing company Capita has reaffirmed its annual revenue growth forecast after reporting stronger performance in its public sector operations during the first months of 2026. The company stated that increased government-related activity and ongoing restructuring efforts helped support its......

Chinese officials meet Citigroup and Goldman sachs executives in Beijing

Chinese officials held high-level meetings in Beijing with leading American financial executives as both countries continue efforts to strengthen economic dialogue despite ongoing geopolitical tensions. According to reports from state-backed media, senior Chinese authorities, including officials from......

Mehdi Tazi elected to lead Moroccan employers confederation

Mehdi Tazi has been elected president of the General Confederation of Moroccan Enterprises, marking a leadership transition at the country’s main employers’ organization. Mohamed Bachiri was elected vice president general during the same vote held in Casablanca. The new mandate runs from......

Starbucks cuts corporate jobs and restructures regional offices in the United States

Starbucks has announced the elimination of approximately 300 corporate positions in the United States as part of a broader restructuring plan aimed at improving operational efficiency and restoring long-term profitability. The company confirmed that several regional support offices across the country......

BT revives talks over international business sale

British telecom giant BT Group is reportedly restarting discussions over the potential sale or strategic partnership of its international business, according to Sky News, after suspending similar negotiations a year earlier. The company is said to be in early talks with major global telecom players......

TSMC plans major share sale in Vanguard Semiconductor

Taiwanese semiconductor giant Taiwan Semiconductor Manufacturing Company announced plans to sell up to 152 million shares in Vanguard International Semiconductor through a block trade aimed at financial institutional investors. The operation is expected to reduce TSMC’s ownership stake in Vanguard......

Gautam Adani expands business empire across energy, infrastructure and artificial intelligence

Indian billionaire Gautam Adani continues to expand the activities of the Adani Group across several strategic sectors, reinforcing the company’s position as one of India’s largest industrial groups. The conglomerate operates in industries ranging from energy and infrastructure to logistics,......

German economy faces pressure from Iran conflict and global uncertainty

Germany’s economy is expected to face increased pressure during the second quarter of the year as the impact of tensions linked to the conflict involving Iran affects global markets and business confidence. According to statements from the German economy ministry, rising prices, supply chain disruptions,......