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Business News
A corporate intelligence firm which employs Sir John Sawers, the former head of MI6, is closing in on a deal to sell a big stake to a buyout firm.
"It's a big deal for this government," says Simon Case.
Research into faster drug treatments and longer-lasting batteries will form part of the £86bn science and technology funding due to be unveiled in the government's spending review next week.
Mike Ashley, the high street billionaire, is exploring a cut-price takeover bid for struggling Revolution Beauty – a move that would stoke animosity between him and rival London-listed retailer Debenhams.
The family behind River Island, the high street fashion retailer, is drawing up a radical rescue plan which could put significant numbers of stores and jobs at risk.
Administrators are on standby to handle the collapse of the UK arm of Builder.ai, a Microsoft-backed start-up which has filed for bankruptcy protection in the US.
Elon Musk posted in February that he loved his president, patron and personal friend, "as much as a straight man can love another man."
The US economy saw a slowdown in hiring but no leap in unemployment last month as the impact of Donald Trump's trade war continues to play out.
The owner of SlimFast has kicked off a sale of the weight loss brand after hiring advisers to orchestrate an auction.
A former McKinsey boss is among the candidates being considered to replace Sir Mark Tucker as the chairman of HSBC Holdings.
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