Daily Mail Business Articles

Apple chief Tim Cook (pictured) saw the iPhone-maker become America’s first $2trillion company yesterday – just two years after it became the world’s first $1trillion listed firm

With further mass job cuts on the cards, higher prices for products like fuel, clothes and shoes look set to take their toll.

The 49-year-old is now worth £63.8billion after his fortune rose by £7.8billion on Monday, according to Bloomberg’s billionaires index. Tesla shares are up by more than 350 per cent this year alone.

Persimmon, the builder previously known as a byword for executive greed, is striking a hopeful note on the housing market. The dividend is being reinstated and sales have surged.

BHP will offload mines in Australia and Colombia within two years, bowing to pressure from activist investors to stop producing what is seen as the dirtiest fossil fuel.

The four-year-old firm sells dresses aimed at the over-30s for between £50 and £80 and counts Amanda Holden (pictured) among its celebrity fans. It said revenues rose 54 per cent between April and June.

Ocado saw a 45.5 per cent sales jump in the 12 weeks to August 9, compared to 16 per cent growth at Morrisons, 12.8 per cent at Tesco, 10.9 per cent at Sainsbury’s and 9.5 per cent at Asda.

The TV licensing collector, which also operates London’s congestion charge, slid to a £28.5m loss in the first half of the year compared to a £31.2m profit over the same time in 2019.

Carnival said the hackers, who targeted one particular Carnival brand, downloaded files which could ‘result in potential claims from guests, employees, shareholders, or regulatory agencies’.

The London-listed firm, which owns Southend airport and provides check-in and baggage handling staff for Easyjet, said it had begun talks with staff.