Mike Lynch’s estate faces potential wipeout after a $1.24bn High Court damages ruling in favour of HPE over the Autonomy fraud case. Read more: Mike Lynch estate faces wipeout after $1.24bn HPE damages ruling
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Danone has agreed a €1bn takeover of UK nutrition brand Huel, delivering a major payday for founder Julian Hearn and celebrity investors including Idris Elba. Read more: Danone to acquire Huel in €1bn deal as functional nutrition market heats up
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A proposed UK holiday tax could cost 33,000 jobs and reduce tourism spending by £1.8bn, with industry leaders warning it would harm growth and competitiveness. Read more: Holiday tax could cost 33,000 jobs and £700m in lost revenue, industry warns
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Trustpilot reports £14m profit as AI-driven traffic boosts growth, with shares jumping 28% amid strong revenue and upgraded forecasts. Read more: Trustpilot profits soar as AI-driven traffic fuels sharp share price rally
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Former Dragons’ Den investor Theo Paphitis has taken over as interim CEO of Robert Dyas, aiming to revive the struggling 93-store homewares retailer after falling sales. Read more: Theo Paphitis steps in as interim CEO of Robert Dyas to lead turnaround
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The UK and Ireland deepen economic ties as £937m in Irish investment creates 850 jobs and new energy interconnectors strengthen energy security at the UK-Ireland Summit in Cork. Read more: UK and Ireland strengthen economic partnership as £937m investment set to create 850 jobs
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Under the deal, Beazley shareholders would receive 1,335 pence per share The post Zurich Insurance raises $5bn to finance Beazley bid appeared first on Gulf Business.
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Despite the geopolitical spike, Sasha Foss, energy analyst at Marex, notes that global supply fundamentals remain relatively balanced, with increased output from Venezuela, Guyana, the US, Canada, Argentina and Brazil providing a buffer The post Report: Oil spikes as Hormuz disruption rattles global markets appeared first on Gulf Business.
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$39 million raised through Zakat and Sadaqah contributions to UNHCR in 2025, with 60% of donations from MENA-based donors Donations enabled UNHCR to reach the lives of one million people across 25 countries UNHCR launches new campaign encouraging people to give during the Holy Month of Ramadan to help overcome devastating global funding cuts Dubai, UAE, Monday 16th February – UNHCR, the UN Refugee Agency, today launched its 8th Islamic Philanthropy Annual Report, spotlighting the crucial role Zakat and Sadaqah contributions increasingly play in delivering lifechanging assistance to refugees and internally displaced people amidst a
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Connected capacity increased 19% YoY to 1.57 million Refrigeration Tons Revenue of AED 2.46 billion and EBITDA at AED 1.27 billion, with a margin of 51.6% Abu Dhabi, United Arab Emirates – 13 February 2026: National Central Cooling Company PJSC (DFM: TABREED / ISIN: AEA002201018), the world’s leading and most diversified district cooling company, today announced its results for the period ending 31 December 2025, reporting revenues of AED 2.46 billion and net profit of AED 465 million. The results reflect continued operational resilience, record capacity expansion and disciplined capital execution. Total connected capacity increa
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