Business

A Lyft sign is seen in the pick-up area at JFK Airport in New York City on April 28, 2023. Michael M. Santiago | Getty Images News | Getty Images Lyft shares were 16% higher in premarket trade on Wednesday, retaining some gains after the company said it made a major error in a press

Shareholders in Europe’s largest travel operator have overwhelmingly backed the company’s plans to cancel its listing on the London Stock Exchange. TUI had announced in December that it planned to put the question to investors at its AGM this month, raising further eyebrows over the City of London’s post-Brexit future. It argued that removing its

Bottles of Coca-Cola are displayed in San Anselmo, California, on April 24, 2023. Justin Sullivan | Getty Images Coca-Cola is expected to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: 49 cents expected Revenue: $10.68 billion expected Investors

Bitcoin has returned to the $50,000 level for the first time since December 2021, riding on the coat tails of a wider rally for US stocks. The world’s largest cryptocurrency, which hit one-month highs last Friday, maintained its momentum on Monday by rising almost 5%. Rivals, such as ether, saw similar percentage moves. Analysts credited

Workers connect drill bits and drill collars, used to extract natural petroleum, on Endeavor Energy Resources’ Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images Diamondback Energy on Monday decided to buy the largest privately held oil and gas producer in the Permian basin,

Elon Musk has been ordered to testify for a third time in the probe into his takeover of Twitter, now known as X. US magistrate judge Laurel Beeler issued an order on Saturday night after Musk failed to appear before the Securities and Exchange Commission (SEC) on the arranged date. The judge said Musk “did

A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. Sawayasu Tsuji | Getty Images News | Getty Images Taiwan’s defense ministry said on Sunday it had detected eight Chinese balloons crossing the Taiwan Strait in the previous 24 hours, of which five

Adnams, one of the most historic names in British brewing, has drafted in City advisers to raise new funding amid a deluge of insolvencies across the sector. Sky News has learnt that Adnams is working with Alvarez & Marsal (A&M) on a range of options to shore up its finances. People close to the situation

Pakistan’s former prime minister Imran Khan (R) addresses his supporters during an anti-government march towards capital Islamabad, demanding early elections, in Gujranwala on November 1, 2022. Arif Ali | AFP | Getty Images A senior aide to Pakistan’s jailed former Prime Minister Imran Khan said on Saturday their party would try to form a government

The new owners of The Body Shop are lining up administrators for its British arm just weeks after taking control of the cosmetics retailer, in a move which could threaten significant numbers of shops and jobs. Sky News has learnt that the company founded by Anita Roddick and her husband Gordon nearly half a century

Ukrainian President Volodymyr Zelenskyy attends flag hoisting ceremony in Izium after the Ukrainian forces took control of the city from the Russian forces in Kharkiv, Ukraine on September 14, 2022.  Commander of the Ukrainian Land Forces Oleksandr Syrskyi, Head of the Presidential Office Andriy Yermak, Governor of the Military Administration of the Kharkiv Region Oleg

The Premier League is to inject £20m into elite women’s football as part of a deal to accelerate the sport’s commercial development. Sky News has learnt that Women’s Super League (WSL) and Championship clubs approved the financing at a meeting on Wednesday, following parallel talks with the Football Association about a similar debt package over

Disney shares were 7% higher in premarket trade early Thursday, after the company’s first-quarter earnings beat estimates and it announced a slew of major deals and upcoming events. In its most eye-catching announcement, CEO Bob Iger said the company would take its biggest step yet into gaming with a $1.5 billion stake in Epic Games,

Two of England’s mayors have outlined their proposals to revive rail in the Midlands and North post-HS2, insisting they “won’t accept a do-nothing scenario”. Greater Manchester’s mayor, Andy Burnham, and his West Midlands counterpart, Andy Street, teamed up after the government axed the northern leg of the high speed rail project last year, and are

BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities Regulatory Commission, state