BUSINESS

Giorgio Armani's will calls for a 15% stake in his fashion group to be sold by March 2027, with LVMH, L'Oréal and EssilorLuxottica among potential buyers.

Karman Space & Defense directors bought $1.04M worth of shares as the aerospace company forecast more than 25% organic revenue growth for 2026.

Truist CEO Mike Lyons buys $1M in shares after the bank agrees to sell its near-prime auto-loan unit to Apollo for $5.5B.

Multiverse instructors say an AI system analysing online lessons has increased anxiety by flagging pauses, filler words and alleged digressions, while the company defends it as a development tool.

AI agents could automate rate shopping and move household cash between accounts, challenging the low-cost deposits banks rely on to fund loans

Business Secretary Jonathan Reynolds says tariffs on Chinese electric vehicles remain under review as Britain negotiates access to the EU's proposed industrial programme and weighs automotive investment from Chinese manufacturers.

Pelikan has faced criticism over limited 2026 Hubs places, while Hobonichi users report inconsistent paper performance in 2027 planners. Both disputes have intensified concerns about customer trust.

Starbucks plans to close about 250 North America coffeehouses and has cut its fiscal 2026 net-new store target to approximately 440.

Disney warned its legal division it would become smaller days before advertising an AI role designed to reinvent legal workflows.

BetBolt says it paid £907,000 for the right to name Bonnie Blue's baby, describing the deal as marketing. Bonnie said she remained unsure about the company and registration process.

Jeff Bezos is opening Blue Origin to outside investors after investing $30B, as the space company projects $30B in annual revenue by 2030 and challenges SpaceX.

Flock Safety's 2nd October buyout deadline nears as government customers leave, camera vandalism rises, and backlash over its surveillance technology fuels layoff fears.

Barclaycard blamed human error after a Manchester reader received another customer's emails and overdue payment notices for 13 months. It offered £200.

A California judge is hearing allegations that Tesla tolerated racial harassment and discrimination at its Fremont factory, as the company disputes claims brought by the state's civil rights agency.

New York Attorney General Letitia James has sued Polymarket, alleging it operates unlicensed gambling markets, while the company argues federal law gives the CFTC regulatory authority.

McDonald's plans an $8.5B restaurant overhaul with AI, new menu items and franchisee support as traffic in key markets faces pressure.

Common Bond has closed all its London studios until further notice, as members seek clarity over prepaid packages and more than 100 Triyoga workers pursue unpaid wages.