Business

Sir Jim Ratcliffe is to commit $300m (£245m) from his multibillion pound fortune to Manchester United Football Club’s ageing infrastructure as part of a deal to acquire a 25% stake that will be unveiled this month. Sky News can exclusively reveal that Sir Jim, founder of the Ineos petrochemicals empire, will pledge the investment alongside

Fox President of Insight and Analytics Michael Mulvihill said the all-time low rating for the World Series this year is no cause for alarm for Major League Baseball or his network. “Obviously, it’s more fun when ratings are up and the Series goes 6 or 7 games,” the exec wrote in a thread on Twitter/X,

Revenue from iPhone sales reached a new record due to high demand in China and emerging markets, the company announced on Thursday. However, the high Q3 revenue was not enough to reverse the downward trend in Apple’s overall performance. A total of $43.8bn (£35.9bn) was raised from iPhone sale alone after price rises and the

UPDATE 9:17PM: SAG-AFTRA‘s TV/Theatrical Negotiating Committee informed members tonight that they’re awaiting a response from studios on the guild’s AI counter from yesterday as well as the actors’ “comprehensive counter proposal” they put forth to the AMPTP five days ago. As Deadline told you earlier, today was one of non-talks, however, sources believe that the

The British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through til early 2025, according to a bleak set of forecasts from the Bank of England. The forecasts, published alongside the Bank’s latest decision to hold interest rates steady at 5.25%, imply that the

Advertising inventory on Super Bowl LVIII next February, which will air across CBS and other Paramount Global platforms is “virtually sold out,” the company has confirmed. Ad space is virtually sold out, pacing ahead of schedule,” a Paramount spokeswoman confirmed to Deadline. During the past few Covid-affected years, the long-bulletproof spectacle of the Super Bowl

Shell has attracted a backlash after revealing an increase in shareholder rewards on the back of a rise in quarterly profits. The oil and gas major, which is currently the most valuable constituent of the FTSE 100 share index, said adjusted profits came in at $6.2bn (£5.1bn) during the three months to the end of

UPDATED with rescheduled date: The Academy Museum Gala, which had been postponed last month in the wake of Hamas‘ attack on Israel, has been rescheduled for December 3. The annual fundraiser, which this year will bestow honors on Meryl Streep, Michael B. Jordan, Oprah Winfrey and Sofia Coppola, was originally scheduled for October 28. After

Elon Musk has told Sky News that AI is a “risk”, as the billionaire joins world leaders and tech bosses at a UK safety summit. The SpaceX and Tesla owner has long been outspoken about the dangers posed by artificial intelligence, and earlier this year warned it could even lead to “civilisation destruction”. Asked by

Vice President Kamala Harris plans to announce the creation of a United States AI Safety Institute in a speech on Wednesday as part of her visit to the UK for a summit on the safety of the emerging technology. The Safety Institute, to be part of the National Institute of Standards and Technology, will develop

House prices returned to growth in October, according to a closely watched measure that cited “constrained supply” of stock in the market. Nationwide Building Society’s monthly index showed a 0.9% rise last month when compared to September’s flat performance, taking the annual rate to -3.3% from -5.3%. Values have been hurt this year due to

Since launching in beta in the U.S. in 2015, the horror-focused streaming service Shudder has developed a unique reputation for quality in streaming, even as its parent company AMC Networks has grappled with the same financial ills affecting the landscape at large. One of the most well-known and celebrated brands in AMC’s portfolio of niche

A stake of up to 10% in the Premier League football club West Ham United has been put up for sale, providing the latest test of international investors’ appetite for a slice of one of England’s top-flight clubs. Sky News has learnt that Vanessa Gold, daughter of the late businessman David Gold and a joint-chair

UPDATE, 7:44 PM: Hard to tell if it is going to be a trick or a treat from SAG-AFTRA and the studios this Halloween, but the two sides are set to meet again person on Tuesday. “The committee worked independently today,” the Fran Drescher-run guilds told members Monday evening. “We will be meeting with the

There has been a “significant increase” in the number of people using Buy Now Pay Later options to purchase items, with those frequently using the service more likely to be in financial difficulty, the finance regulator has said. Roughly 14 million people, 27% of UK adults, used Buy Now Pay Later (BNPL) to purchase something

UPDATE: President Joe Biden signed an executive order on AI, billing the U.S. as out front of other countries when it comes to establishing guardrails around the fast-emerging technology. But Biden told those gathered in the East Room that other steps will require congressional action. That will be a much more complicated process, as lawmakers

Lenders approved the lowest number of mortgages since January last month, according to figures from the Bank of England. Just 43,328 home loans for house purchases were signed off in September – a third consecutive monthly decline – while net approvals for remortgaging fell to 20,600. That was the lowest total since January 1999. The

Around 680 staff have been made redundant at window and door manufacturer and seller Safestyle. The business had gone into administration and the GMB union had expected up to 600 job losses. But on Monday, administrators Interpath Advisory were appointed and said the number was around 680 workers. Staff were unexpectedly texted to “down tools”

Europe’s biggest bank has credited rising interest rates for a 240% lift to its latest quarterly profits but expressed worries about the UK’s economic outlook. HSBC, which is London based and listed but largely Asia-focused, said that pre-tax profits for its July to September third quarter came in at $7.7bn (£6.4bn). Higher interest rates, on