Business

The White House hosted a screening of the upcoming Disney+ series American Born Chinese, and in remarks beforehand, President Joe Biden keyed in on the presence of its star, recent Oscar winner Ke Huy Quan. “My name is Joe Biden,” the president said from the East Room, to some chuckles. “I have never won an

The chief executive of Royal Mail is in advanced talks to leave the company just weeks after his credibility was questioned by MPs investigating the performance of the former state-owned monopoly. Sky News has learnt that the board of International Distributions Services (IDS), Royal Mail’s London-listed owner, could announce as soon as this week that

Bronny James, LeBron James’ son, has committed to playing basketball at USC. After weeks of speculation, Bronny shared the news of his decision on Instagram with a photo from inside the locker room of the University of Southern California sporting a uniform with the number “0.” “Fight on,” read the caption on the post Bronny

BP is exploring a sale of two of the companies owned by its early-stage ventures arm in a move which could raise tens of millions of pounds. Sky News has learnt that the FTSE 100 company’s Launchpad division has begun contacting prospective buyers of Lytt and Onyx Insight in recent weeks. Lytt transforms large amounts

The latest Taylor Swift rerecording of her prior work, bolstered with six new songs, will be out on July 7, the songwriter has announced on Instagram. “Speak Now (Taylor’s Version)” was first released in 2010 and written when Swift was 18-20 years old. “The songs that came from this time in my life were marked

The first cannabis company to stage an IPO on the London Stock Exchange will this week install a City veteran as its chairman and unveil a multimillion pound fundraising. The first cannabis company to stage an IPO on the London Stock Exchange will this week install a City veteran as its chairman and unveil a

Ron DeSantis is claiming victory over silencing Disney following their public feud after the entertainment company openly opposed the so-called “Don’t Say Gay” bill that was signed into law by the Florida governor. “The big issue with Disney was they exercised a lot of political influence in this town,” DeSantis said in an interview with

Adidas has reported a drop in sales but better than expected profits in the wake of its high-profile split from shamed rapper and fashion designer Kanye West. The sportwear company said the loss of his Yeezy trainers brand was “hurting” the business but it pointed to some of the pain being eliminated by a recovery

EXCLUSIVE: “This is about setting the course for the industry for the future,” said Directors Guild of America chief Lesli Linka Glatter today on the guild’s upcoming talks with studios and the WGA strike that started this week. “We’re in a team sport. We’re only as good as our teams.” In the midst of the

The billionaire petrochemicals tycoon Sir Jim Ratcliffe is proposing a full buyout of Manchester United Football Club after three years if he succeeds with a £5bn offer to take control of the Old Trafford outfit. Sky News has learnt that the Ineos billionaire’s takeover bid includes put-and-call arrangements which would become exercisable in 2026, and

UPDATED, 2:16 PM: There’s no reason why writers can’t have a little fun while hitting the picket lines, right? Protesting over past and future lost wages is serious business, but leave it to Hollywood scribes to find the levity in the most dire of situations. Besides trying to keep spirits up among the rank and

The parent company of British Airways has raised its forecast for annual operating profits due to stronger bookings, saying it expects capacity to be at 97% of the 2019 pre-pandemic year. International Airlines Group (IAG), which also counts Iberia and Aer Lingus among its stable of brands, said its focus on restoring earnings on key

Hollywood is in the throes of its biggest labor action in 15 years as the Writers Guild of America are on strike falling the collapse of talks with the studios earlier this week. However, for WGA members who are active showrunners, some of the studios want to make damn sure they show up for work.

The crisis-hit CBI has drafted in a business ethics consultancy to aid a review of its culture four weeks before a meeting of its membership that will determine its future. Sky News can reveal that Rain Newton-Smith, the new CBI director-general, has signed off the appointment of Principia following an exodus of corporate backers two

Warner Bros Discovery matched Wall Street estimates for revenue in the first quarter, with $10.7 billion, but posted a wider-than-expected loss due to tough comparisons with the year-ago period. Net losses in the quarter ending March 31 reached 44 cents a share, significantly worse than the consensus forecast by analysts for a 5-cent loss and

Apple has beat Wall Street expectations and market trends in reporting increased iPhone sales in its second quarter results. Both revenues and profits were above investor predictions as a record number of iPhones were sold for the second three month period in its financial year. Sales for the year ending 1 April dropped overall –

The National Music Council of the United States will honor music and event producers Ray Chew and Vivian Scott Chew at the organization’s 39th annual American Eagle Awards on Sunday, June 25 at the American Federation of Musicians Convention in Las Vegas.  The honors are presented each year in recognition of those who have made career-long

Another US regional lender has revealed talks to shore up its finances after its share price was clobbered amid the crisis of confidence to hit the country’s banking sector. Three lenders – Silicon Valley Bank, Signature Bank and First Republic – have failed this year on the back of balance sheet pressure caused by rising

Donald Trump’s in the UK at his Scotland golf course this week and he took the chance to take swings at Meghan Markle, Joe Biden, China and trans athletes in a wide ranging interview on GB News. Questioned on Farage: The Trump Interview by Brexiteer politician-turned-broadcaster Nigel Farage, he twice claimed the Duchess of Sussex

Diesel drivers are being “ripped-off” at the pumps to the tune of around 16p per litre, according to a motoring group. The RAC, along with others, has long argued that British motorists and businesses are paying over the odds for the fuel – the engine behind the UK economy – fanning the flames of inflation