Business

The competition regulator is to investigate the dominance of Amazon and Microsoft in the UK’s cloud market. It follows a study by the telecoms watchdog Ofcom which “identified features that make it more difficult for UK businesses to switch and use multiple cloud suppliers”. Ofcom added: “We are particularly concerned about the position of the

(Updated with Harvey Weinstein lawyer statement) Disney, CAA and Miramax are being sued by Julia Ormond over an alleged sexual assault by Harvey Weinstein in 1995. While the Legends of the Fall actress does not name her then-agents Bryan Lourd and Kevin Huvane or former Disney executives Jeffery Katzenberg and Michael Eisner in the filing

Metro Bank, the high street lender, is drawing up plans to raise hundreds of millions of pounds of new capital in weeks in a bid to strengthen its troubled balance sheet. Sky News has learnt that Metro Bank – the first new lender to open on Britain’s high streets in over 100 years when it

In another latest salvo amid tensions between video providers and programmers, DirecTV sent a letter to Warner Bros. Discovery warning that offering CNN as part of its streaming package risks violating the contract between the two companies. CNN’s new CNN Max launched last week on WBD’s Max streaming platform. Unlike its previous (and quickly shuttered)

Fuel retailers have dismissed claims that drivers are being overcharged following a surge in pump prices. Data released by the RAC on Wednesday showed an 8p per litre surge in the cost of diesel last month to a new average of 163.1p. Petrol prices rose by nearly 5p per litre to 157p. The motoring group

UPDATE: Kevin McCarthy‘s future as House speaker was in peril as enough Republicans joined with Democrats on a vote that clears the way for a roll call later on Tuesday to oust him. A vote to table GOP Rep. Matt Gaetz‘s resolution to remove McCarthy was rejected 218-208. Eleven Republicans joined with all Democrats, raising

Superdry, the struggling London-listed fashion retailer, is close to striking a partnership with India’s biggest retailer that will release tens of millions of pounds to bolster its fragile balance sheet. Sky News has learnt that Superdry is in advanced talks with Reliance Brands, part of the vast Mumbai-headquartered conglomerate, about a new licensing joint venture.

One down, and more to come. That’s the word from SAG-AFTRA and studio CEOS after meeting officially Monday for the first time since the 160,000-strong guild went out of strike on July 14 – they plan to do it again. “SAG-AFTRA and the AMPTP met for a full day bargaining session and have concluded. Negotiations

Food prices have dropped for the first month in more than two years, according to an industry lobby group that says food inflation is now in single digits. The British Retail Consortium (BRC)-NielsenIQ Shop Price Index found food inflation eased to an annual rate of 9.9% in September, which is down from 11.5% in August.

Donald Trump‘s civil fraud trial started Monday in New York with the former president trying to fill the void left by a prohibition on cameras in the proceedings. Before heading into the court this morning, he spoke to the media outside the courtroom, attacking Attorney General Letitia James‘ case and bashing the judge, Arthur Engoron.

Sir Jim Ratcliffe, the petrochemicals billionaire, is contemplating buying a minority stake in Manchester United Football Club rather than seeking full control, in an effort to end a nearly 10 months-long process to resolve the club’s future ownership. Sky News has learnt Sir Jim’s Ineos Sports vehicle has proposed to the controlling Glazer family a

They’re playing a football game tonight in East Rutherford, N.J. It will be nationally televised, sold-out, and features the defending NFL champion Kansas City Chiefs against the upstart New York Jets. But that’s all a sideshow to the real story of the night. All eyes will be on a certain box at the stadium rather

Water companies are making their case for a hike to annual household bills of up to £156 in the second half of the decade, to tackle challenges including shortages and sewage leaks. Industry body Water UK said the firms’ business plans, which have to be signed off by the regulator Ofwat, would see investment almost

Bill Cosby is a free man, but now the disgraced comic actor is facing yet another civil suit alleging sexual battery. A New Mexico woman claims Cosby drugged and raped her when she was working as a waitress at a Bay Area restaurant more than 50 years ago. In an 11-page complaint filed Thursday in

The prominent financier Jonathan Rowland is to take the challenger bank he co-founded six years ago onto the London stock market through a reverse takeover of another business set up by his family. Sky News has learnt that Mr Rowland, who has floated a number of corporate vehicles in the City, has orchestrated a deal

California Governor Gavin Newsom vetoed a bill that would have made striking workers eligible for unemployment benefits. WGA and SAG-AFTRA backed the legislation amid their walkout, but Newsom said in a statement that the state’s UI trust fund is “vulnerable to insolvency.” “Any expansion of eligibility for UI benefits could increase California’s outstanding federal UI

The owner of Beds.co.uk and furniture retailer Cox & Cox has swooped to buy Victoria Plum, one of the UK’s best-known bathroom sellers. Sky News understands that AHK Designs acquired Victoria Plum late on Friday evening. The brand had been put up for sale by Endless, the investment firm which had owned it since 2019.

Ties have officially been cut between Michael Oher and the Tuohys. A Tennessee judge Friday ended the conservatorship that previously allowed Sean and Leigh Anne Tuohy to control the finances for the former NFL player, according to AP. In his petition to the court, Oher alleged the couple tricked him into a conservatorship to secure

The German media giant which publishes Die Welt, one of Europe’s leading newspapers, has joined the race to buy The Daily Telegraph and its Sunday sister title. Sky News can exclusively reveal that Axel Springer has registered its interest in acquiring the British broadsheets. Insiders said the company, which also owns the Business Insider and

Ron DeSantis was in Anaheim on Friday speaking at the California Republican Party Fall Convention. However, a new filing in federal court this week reveals that if it were up to the Florida governor, he’d get as far away from Disney as he can — on both coasts. Responding to the latest amended complaint from