Business News

Business News

Electric Guitar PLC subsidiary 3radical faces administration By Investing.com

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LONDON – Electric Guitar PLC (LSE: ELEG), a digital marketing firm specializing in first-party data solutions, has announced that its main trading subsidiary, 3radical Limited, is to be placed into administration. The decision comes after the unexpected termination of investment negotiations and revised trading projections indicating a need for more funding than available. The Board … Read more

Nestlé price increases went ‘too far,’ chairman admits

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Unrelenting inflation in the aftermath of the pandemic forced consumer companies like Nestlé to hike prices. But the Swiss company may have gone too far. Nestlé has already started to course-correct, having cut marketing and advertising expenses to control costs during the high inflation period. But the consumer giant’s chairman believes more needs to be … Read more

Dr Reddy’s launches India’s first immuno-oncology drug to treat rare form of head and neck cancer

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Dr Reddy’s Laboratories on November 28 launched India’s first immuno-oncology drug, Toripalimab, to treat a rare form of cancer. The drug is approved for the treatment of nasopharyngeal carcinoma, a rare type of head and neck cancer.   The Hyderabad-based company, in an exchange filing, said this is India’s first and only immuno-oncology drug approved … Read more

Analysis-Russia’s labour shortage spreads as defence sector poaches staff By Reuters

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By Darya Korsunskaya, Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) – “Bus number seven was not running this morning,” Olga Slatina wrote on social media from the Sverdlovsk region in Russia’s Ural Mountains. “The dispatcher said it wouldn’t be there as there was no one to work.” Slatina’s bus driver in the city of Kamensk-Uralsky … Read more

Tehran’s luxury glass apartments reveal a changing Iran

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tehran is opening its curtains. After decades of architectural opacity, Iranians are embracing a bold new trend: apartments featuring expansive, floor-to-ceiling glass windows in living rooms, bedrooms and even kitchens. This emerging aesthetic reflects more … Read more