United Kingdom

Pushkala Aripaka

UK retailer Footasylum cuts profit outlook after disappointing Christmas

08 Jan 2019

Footasylum Plc , which sells Nike and Adidas trainers online and in stores across the UK, said on Tuesday it had had to cut prices after disappointing Christmas trading, in another sign that British consumers are reining in spending.

Indivior plans cheaper opioid addiction drug if rivals launch copycats

18 Dec 2018

Indivior Plc said on Tuesday it could launch a cheaper version of its blockbuster opioid addiction treatment, Suboxone, if rivals release generic versions of the drug.

UK builder Kier set to meet full-year expectations

16 Nov 2018

British builder Kier Group said on Friday it would meet its expectations for the full year on the back of a strong second half, suggesting that it was able to shrug off a hit to the construction sector from Britain's imminent exit from the European Union.

Tesla names director Denholm to replace Musk as board chair

08 Nov 2018

Tesla Inc has named director Robyn Denholm as board chair, fulfilling a demand by the U.S. Securities and Exchange Commission to strip the job from Elon Musk, the electric car maker's wayward chief executive who has dragged the company through months of turbulence. | Video

CORRECTED-UPDATE 3-Tesla appoints Robyn Denholm as chair to replace Elon Musk

08 Nov 2018

Nov 8 Tesla Inc said board member Robyn Denholm will replace Elon Musk as its chair, more than a month after the billionaire had to step down as the electric-car maker's chairman as part of a settlement with U.S. regulators.

Red Hat jumps, IBM shares dip on cloud mega-merger

29 Oct 2018

IBM Corp's $34 billion (26.55 billion pounds) deal to buy Red Hat Inc drove shares in the small but fast-growing software maker about 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids. | Video

IBM revenue misses as server, software sales slow

16 Oct 2018

IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe servers, pointing to a bumpy recovery for the technology services giant that is in the midst of a turnaround.

A swipe is not enough - Tinder trials extra control for women

25 Sep 2018

The Indian edition of dating app Tinder is trialing a new feature which gives women an additional level of scrutiny before they allow men to start messaging conversations, with a view to rolling the function out globally.

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