Kevin O’Leary, famed for his role as “Mr Wonderful” on the American series Shark Tank, has revealed plans to join billionaire Frank McCourt’s consortium in a high-stakes effort to acquire TikTok. The move comes amid growing pressure on the Chinese-owned video platform, which could be banned in the United States if its parent company ByteDance […]
Taxpayers stand to save both money and headaches in 2025 by committing to better tax practices in the year ahead, according to leading audit, tax and business advisory firm Blick Rothenberg. Robert Salter, a Director at the firm, notes: “Most people make personal resolutions about health and lifestyle, but your financial health is equally important—and […]
Rachel Reeves, the chancellor, is preparing to lead a team of ministers and advisers to the 2025 World Economic Forum in Davos, aiming to attract international backers and calm disquiet among domestic businesses. Reeves, who attended Davos as shadow chancellor for the previous two years, is scheduled to meet sovereign wealth funds and US private […]
A company director who “repeatedly subverted the insolvency system” by facilitating debt-dumping arrangements for struggling businesses has been banned from running firms for nine years, following a government investigation. Neville Taylor, 57, served as a director of more than 400 companies and received close to £270,000 from Atherton Corporate, operators of a scheme that took […]
Article content (Bloomberg) — More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers. Article content The richest coastal provinces have reduced their benchmark thermal power prices by about 10% from last year, according to a briefing by UBS Group […]