Business - Page 18

An investment firm has bought 50% of the rights to all Neil Young’s songs. Hipgnosis Songs Fund spent an estimated $150m (£110m) on 1,180 songs written by the Canadian folk rocker. The

The company behind children’s online gaming platform Roblox has seen its value rocket during the pandemic. On Wednesday, Roblox raised $520m (£394m) in private capital which valued the firm at $29.5bn, a

The owner of pub chains Harvester and Toby Carvery says it may need to raise more cash to survive lockdown. Pub group Mitchells & Butlers says it is examining raising money from

The New York Stock Exchange (NYSE) said it will delist three Chinese telecom companies after an earlier reversal of the decision. The NYSE first announced it would delist China Mobile, China Telecom

In an attempt to increase productivity, the Chinese company Anpu Electric Science and Technology made a controversial decision. The company imposed a fine of 20 yuan (about 3 dollars or 60 Mexican pesos) to staff who

The IRS has already started sending the stimulus checks to eligible people. The process of sending checks is expected to be smoother this time, but is unlikely to be without issues. One such issue

Marks and Spencer has said its trading was “robust” over the Christmas period, but modest growth in food sales failed to offset big declines in its clothing division. Its overall trading performance

At an undisclosed location Airbus has spent months testing a radical looking plane. At 10ft (3m) wide, it is only small, but it could be the start of something very big in

British retailers are concerned at new trade barriers being applied after last month’s trade deal with the EU. Many traders now believe they will be paying taxes on exports and imports of

Hyundai has sparked confusion over a possible electric car tie-up with Apple. The South Korean car company initially said it was in the “early stage” of talks with the iPhone maker about

Boeing has agreed to pay $2.5bn (£1.8bn) to settle US criminal charges that it hid information from safety officials about the design of its 737 Max planes. The US Justice Department said the

Marks & Spencer has temporarily stopped selling hundreds of items in its Northern Ireland stores due to Brexit red tape. The retailer said it feared its food would be blocked due to