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EasyJet says US bidder trying to buy it 'on the cheap' as it rejects £4.7bn offer

EasyJet says US bidder trying to buy it 'on the cheap' as it rejects £4.7bn offerImage source, Getty ImagesByFaarea Masud, Business reporter and Theo Leggett, Business correspondentPublished22 June 2026EasyJet has rejected a takeover offer worth £4.74bn from US investment firm Castlelake, accusing it of trying to buy the airline "on the cheap".The carrier's comments came after Castlelake said it had made three takeover approaches to the airline this month, all of which had been rejected.The US f...

Smoke blankets parts of LA after Boyle Heights warehouse fire

U.S. newsSmoke blankets parts of LA after Boyle Heights warehouse fireThe stubborn blaze prompted shelter-in-place orders and the declaration of a state of emergency over the weekend.Listen to this article with a free account00:0000:00Smoke rises over east Los Angeles on Saturday.Mario Tama / Getty ImagesShareAdd NBC News to GoogleJune 22, 2026, 5:47 AM EDT / Updated June 22, 2026, 5:47 AM EDTBy Adela SulimanSmoke clouded swathes of Los Angeles for a sixth day on Monday, after a fire broke out a...

Babcock says Brexit and Covid beset Royal Navy contract as profits plunge

Underlying operating profits down 19% with 2019 frigate-building programme making loss, firm reportsOne of the UK’s biggest defence contractors has blamed Brexit and Covid among a catalogue of problems to beset a key contract for the Royal Navy, which led its annual profits to plunge.Annual profits at Babcock International fell by almost a fifth in the year to the end of March, as the firm reported a £140m charge on its contract to build five Type 31 frigates for the Royal Navy. Continue reading...

National Lottery winner reveals what he will spend jackpot on after 'financially securing' his future

A National Lottery winner has revealed what he will spend the jackpot on after "financially securing" his future.A retired father in his 60s from Cheshunt, Hertfordshire has revealed his future plans after a life-changing EuroMillions windfall, scooping more than £182,000 in the draw.The sports-mad dad matched five main numbers and one Lucky Star in the EuroMillions draw on April 10 to pocket £182,160.10.Choosing to remain anonymous, he said he was left in complete disbelief when he discovered t...

Brands Fear Crores In Losses As '100%' Label Ban To Take Effect From July

FSSAI's crackdown on "100%" claims is about consumer trust. But for food companies, it triggers a costly chain reaction

EasyJet rejects £4.7bn takeover offer from US investment firm

EasyJet rejects £4.7bn takeover offer from US investment firmJust nowShareSaveAdd as preferred on GoogleFaarea MasudBusiness reporterGetty ImagesEasyJet has rejected a takeover offer worth £4.74bn from US investment firm Castlelake, describing the bid approach as "highly opportunistic".Castlelake said it had made three approaches to EasyJet this month, all of which had been rejected, but it had now made details of its latest offer public to allow shareholders to assess the proposal.The US fund,...

Thousands of British expats in EU tourist hotspots cost UK taxpayers £10m a year after claiming disability benefits

More than 2,000 British nationals who have relocated to European destinations are costing UK taxpayers £10million a year from receiving disability payments. The number of expats claiming Personal Independence Payment while residing abroad has surged by 86 per cent from pre-pandemic levels.The number has risen from 1,203 recipients to 2,244.This arrangement, dubbed the "Costa Del Dole" rule, permits Britons living on the continent to access PIP whilst enjoying life in overseas villas and resort a...

Ambuja Cements Partners With UK-Based Firm To Develop Commercial-Scale Low Carbon Cement

The partnership marks an important step in Ambuja Cements' broader decarbonisation strategy and supports its SBTi-validated net zero target for 2050.

Oil falls after US-Iran talks conclude in Switzerland

Oil prices declined on Monday after US-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets. Brent crude fell $1.68, or 2.09 per cent, to $78.89 a barrel by 0633 GMT (11:33am PKT). Prices had climbed to $82.30 at the start of trading, fuelled by a bumpy start to the talks with threats from US President Donald Trump to restart the war on Iran and Tehran’s announcement it had again...

A decade since Brexit: How London's housing market got pushed into slow lane in the aftermath

London's housing market has experienced a decade of subdued growth, with a mere nine percent price increase since the Brexit vote, starkly contrasting the national 40 percent rise. Experts attribute this slowdown to prolonged political uncertainty, the pandemic, and economic headwinds. While Brexit played a role, subsequent crises like inflation and rising interest rates have also significantly impacted affordability, though London's inherent strengths are expected to ensure future resilience.

China urges joint efforts to secure global industrial, supply chains

The stable and smooth operation of global industrial and supply chains requires concerted efforts from all countries, Chinese Vice Premier Ding Xuexiang said on Monday.

Brexit: how it has hit your wallet at the supermarket and on holiday

Ten years on, leaving the EU has made life more difficult and costly – here are some of the ways we’ve lost outIt is 10 years since voters in the UK chose to leave the EU, and our wallets have been feeling the effects ever since.From paying more to take the dog on holidays in France – and making calls while you are there – to higher grocery bills and the headache of filling in customs forms for parcels, Brexit has made many simple tasks more complicated and expensive. Continue reading...

Rs 4,225 Crore In Competition Law Fines: Corporate India Faces The Heat

After imposing penalties of Rs 1.34 crore in FY21, the CCI levied Rs 1,335.77 crore in FY22. The next year saw a record Rs 2,672.5 crore in penalties.

Gen Z earning more than millennials did at the same age, says thinktank

At age 24, workers born in the late 1990s are paid more than any cohort since those born in the 1950sGen Z’s early careers are more financially rewarding than those of millennials, research suggests.Those typically born between 1997 to 2012 are experiencing a mini-rebound in pay packets, according to the research by the Resolution Foundation, in a seeming contrast to how the previous generation entered the job market. Continue reading...

Stock Market LIVE Updates, Sensex Today: Sensex Jumps Over 250 Points Amid US-Iran Talks in Switzerland

Stock Market, Sensex, Share Market, Nifty LIVE Updates: Oil prices climb 2% as Trump issues threat amid US-Iran peace talks; Brent at $82 per barrel.

Crimea halts fuel sales after Ukraine strikes cause shortages

Gas sales in Russian-controlled Crimea have halted after Ukrainian drone strikes on the peninsula’s supply route.

Clearance rates hit six-year low as more than half of Australian homes up for auction fail to sell

Preliminary data show 47.7% of homes sold at auction in the week ending 21 June. It is the lowest the rate has been since April 2020Clearance rates in Australia’s capital cities have fallen to a six-year low, with fewer than half of homes at auction finding buyers.Preliminary data from Cotality shows 47.4% of homes that went to auction sold in the week ending Sunday, 21 June. That figure is a weighted average encompassing different rates in different capitals, but the numbers are striking across...

Toy Story 5 scores record opening weekend for franchise

Toy Story 5 scores record opening weekend for franchiseImage source, PAImage caption, Jessie, Woody and Buzz Lightyear face competition from a digital tablet in Toy Story 5ByOsmond ChiaBusiness reporterPublished22 June 2026Disney's Toy Story 5 racked up the animated franchise's best ever opening weekend, with ticket sales of more than $300m (£227m) globally.Released on 19 June, the fifth installment of the Toy Story saga follows Woody, Jessie and Buzz Lightyear as they face their toughest rival...

بيرلو: السرعة هي سلاح عمالقة كرة القدم في النهائي الأوروبي!

INR Stablecoin Can Make Indian Rupee International: WazirX Founder

On the cyberattack that led to WazirX losing assets worth $230 million, Shetty said, "Our competitors tried to ensure that we never make a comeback."