Business News
- Ministers must do more on Lifetime Isa reform, say MPsThe Treasury Committee says the complex product, used by first-time buyers, needs an overhaul.
- Major pharma firm scraps £1bn UK expansionMSD, also known as Merck, says it will move its research to the US and cut more than 100 UK jobs.
- Larry Ellison briefly tops Elon Musk as world's richest personThe Oracle cofounder's wealth temporarily overtook Musk's fortune, propelled by an AI boom.
- Klarna hits $19bn value in Wall Street debutThe buy-now, pay-later firm raises nearly $1.4bn as its shares start trading publicly.
- Weleda launches inquiry into Nazi camp skin test claimsA new study alleges the skincare brand's product was used for human experiments by a Nazi doctor.
- 'We are playing with fire': Fears persist over battery storageMore battery energy storage facilities are needed around the world, but fire risks remain.
