Business

Asahi Group, Japan’s largest brewer, has partially restarted beer production at all six of its breweries after a cyber-attack last week forced a temporary shutdown across its domestic operations. The company said production of its flagship Asahi Super Dry beer had resumed, along with limited output at facilities producing soft drinks and food products. However, Asahi cautioned that its breweries …

Delivery company DPD is facing potential disruption after hundreds of drivers began three days of action in protest at cuts to their pay for delivering small parcels. The company has reduced payments for such deliveries by 65p per parcel, a change that self-employed and franchised drivers say could reduce their annual earnings by as much as £6,500. The protest, organised …

OpenAI has agreed a multibillion-dollar partnership with Advanced Micro Devices (AMD) to secure massive computing power for its next generation of artificial intelligence models — a direct challenge to Nvidia’s dominant position in the global AI chip market. Under the five-year deal, OpenAI will purchase up to 6 gigawatts of AMD’s most advanced AI processors, a level of computing capacity …

Gold prices have surged to fresh record highs, breaching $3,900 an ounce for the first time as investors sought refuge from global economic and political uncertainty. The precious metal traded at $3,956.19 per ounce in late deals, extending this year’s gain to almost 50 per cent. The rally has been fuelled by expectations of lower US interest rates, geopolitical tensions …

Billionaire Sir Jim Ratcliffe’s petrochemicals group Ineos has announced plans to cut 60 jobs at its Hull Acetyls plant in East Yorkshire, citing “dirt-cheap, carbon-heavy imports from China” and “sky-high” UK energy costs. The redundancies represent around a fifth of the site’s workforce, and follow the closure earlier this year of Ineos’s Grangemouth oil refinery in Scotland, which led to …

UK investors withdrew a record £3.6 billion from equity funds during the third quarter, marking the worst three-month run for stock market investments since Calastone began compiling data in 2015. The figures highlight growing caution among investors who have been spooked by high valuations and global uncertainty, prompting a decisive move into the relative safety of bonds and cash. Edward …

Scottish electric vehicle manufacturer Munro EV has secured £2 million in new investment from existing backer Elbow Beach and other investors to accelerate production of its all-electric M-Series 4x4s, designed for use in mining, defence, and construction. The fresh funding round will help the company scale production capacity at its Glasgow facility, with up to 300 new manufacturing jobs expected …

Ask Dr. Markus Rechlin what matters most in business and he won’t point to balance sheets or market forecasts. He will tell you about people. One story he often recalls comes from his time at SLM Solutions, when a young assistant revealed untapped potential and reminded him that real leadership is about recognizing growth before it’s obvious. Arpad handled everything …

Choosing the right plastics manufacturing partner is a critical step for SMEs and scale-ups aiming to grow their product lines efficiently and cost-effectively. The wrong supplier can lead to delays, quality issues, and increased costs, while the right partner can accelerate development, ensure consistent quality, and provide valuable technical expertise. This guide walks through a step-by-step approach to shortlisting and …

Sends is proud to announce that its CEO, Alona Shevtsova, has been honoured with the title of Woman Entrepreneur in Fintech of the Year at the prestigious Brit Fintech Awards. The awards ceremony was held on Friday, 3rd October, at One George Street, London, bringing together leading entrepreneurs, investors, and visionaries from across the UK and the international fintech landscape. …