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Paperchase announces rescue deal that will save 1,000 jobs
Paperchase announced a rescue deal that will allow it to survive with a slimmed-down presence on the high street.
EU considers legal means if Covid-19 vaccines delayed, Council President says
The European Union should explore legal means to secure supplies of Covid-19 vaccines if companies do not deliver them on time and if negotiations with pharmaceutical companies prove unsuccessful, the European Council President, Charles Michel, said on Thursday.
UK competition watchdog opens probe into Facebook Giphy deal
UK’s competition watchdog on Thursday launched its initial investigation into Facebook acquisition of GIF website Giphy.
Qualcomm loses data dispute with EU antitrust regulators
Chipmaker Qualcomm lost a data dispute with the European Union antitrust regulator after Europe’s top court ruled against it on Thursday.
Electric carmaker Faraday Future to go public
Electric carmaker Faraday Future agreed to go public through a merger with Property Solutions Acquisition Corp in a deal valued at $3. 4bn, the company said on Thursday.
Musk says Tesla Semi ready for production; Flags battery cell shortage
Tesla chief executive Elon Musk said engineering work on the company's Semi truck was complete and it was ready for production, but added that the lack of battery cells was still an issue.
Green groups call on Carney to raise concerns over carbon offsetting blueprint
Leaders of two UK environmental charities have raised concerns over a blueprint for carbon offsetting with former Bank of England governor and now UN climate envoy, Mark Carney.