Companies

Drinks maker Diageo has announced the departure of its chief executive Sir Ivan Menezes after 10 years at the helm, marking the end of an era for one…

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Ginseng is renowned in Asian medicine for its health-giving properties — but a prominent South Korean activist investor thinks his top target would help shareholders by giving it…

Actress Wallis Day from Channel 4’s ‘Hollyoaks’ attends a Tommy Hilfiger event in London last week © Tolga Akmen/EPA-EFE/Shutterstock Shares of Tommy Hilfiger parent PVH surged 9 per…

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The Federal Reserve’s top official on banking supervision has blamed the collapse of Silicon Valley Bank on a “textbook case of mismanagement”, saying the board of the US…

Britain is not doing awfully well. That is the message from Legal & General’s quarterly “Rebuilding Britain” index. The report makes for depressing reading. But the UK-focused insurer…

First Citizens Bank will buy much of Silicon Valley Bank, US regulators said, as they estimated the lender’s collapse would lead to $20bn of losses for a deposit…

Journalists highlighting someone’s . . . ill-advised quotes often feels a bit counterproductive, given that one of our biggest problems is that people increasingly talk like automatons to the press. And let’s…

This is a year filled with significant sports watch anniversaries. Three of the most popular Rolex models have milestones coming up, with the Daytona turning 60, and the…