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Business & Corporate news from the last 24 hours, AI-curated by PiQ Markets

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Counterfeit weight loss drug retatrutide floods black market

Illicit versions of Eli Lilly's experimental weight loss drug retatrutide are being sold in the UK through various channels, including gyms and salons. Experts warn of unknown ingredients and potential health risks, with some users experiencing severe side effects.

Created at 5 Sep · 12:55 AM

Fraudster misses sentencing after claiming luggage injury

Nabila Habiby, who pawned ex-Premier League footballer Edgar Davids' art collection, failed to attend her sentencing hearing. She claims she suffered a concussion after being hit by luggage en route to the airport.

Created at 4 Sep · 7:31 PM

JTB to invest $3.8bn on M&A, sports deals in global push

Japanese travel agency JTB plans to invest 600 billion yen ($3.83 billion) by 2035 to expand its global business, focusing on acquisitions in sports, arenas, theme parks, and destination management. The company aims to move beyond its Japan-centric model.

Created at 4 Sep · 5:36 PM

Fay Group acquires VanDyk Mortgage to expand conforming loan footprint

Fay Group has acquired VanDyk Mortgage Corp. to expand its presence in the conforming mortgage market. The deal aims to leverage VanDyk's capabilities with Fannie Mae, Freddie Mac, and Ginnie Mae to complement Fay's existing subservicing business.

Created at 4 Sep · 7:45 PM

VMware faces trust deficit with SMBs post-Broadcom acquisition

VMware's new vSphere Standard release aims to appease small and medium-sized businesses (SMBs) following Broadcom's acquisition. However, customers and partners express concerns about trust, pricing, and renewal policies, with many already exploring alternatives.

Created at 4 Sep · 5:41 PM

Cambridge University launches review into Jason Arday's death

updated 4 Sep · 8:05 PM

Cambridge University has initiated an independent review into its decision-making and actions concerning Professor Jason Arday before his death on August 14. The review, led by Nazir Afzal, will examine support provided to Arday amid plagiarism allegations.

Created at 4 Sep · 6:06 PM
2 events
Developments (2)
  • 4 Sep · 6:05 PM · The Guardian

    Cambridge University has appointed Nazir Afzal to lead a review into the support provided to Professor Jason Arday before his death.

  • 4 Sep · 8:05 PM · BBC News

    Cambridge University has launched an independent review into its actions and support for Professor Jason Arday before his death.

Maria Bartiromo's lawyer denies she was fired from Fox News

Maria Bartiromo's lawyer denied reports that she was fired from Fox News, stating the claims are "absolutely and unequivocally false." Fox News announced her departure without explanation, sparking speculation about the reasons behind her exit.

Created at 4 Sep · 6:06 PM

Virgin Atlantic replaces British Airways as Team GB's official airline

Virgin Atlantic has been named the official airline of Team GB and ParalympicsGB for the LA 2028 Olympics, ending British Airways' 20-year partnership. The deal includes transporting athletes and staff and offering curated trips to fans.

Created at 4 Sep · 5:06 PM

Japan subsidizes shipbuilders with $1.4 billion for industry revival

The Japanese government will provide 213.1 billion yen ($1.4 billion) in subsidies over a decade to Imabari Shipbuilding, Japan Marine United, and Namura Shipbuilding. This initiative aims to boost domestic shipbuilding capacity and competitiveness against international rivals.

Created at 4 Sep · 3:11 PM

The Canary Staff Unpaid Amid Financial Woes

Staff at the left-wing news outlet The Canary have not been paid, with fears growing for the website's survival. The outlet cites blocked access to funds by Lloyds Bank, while some employees allege financial mismanagement and squandered investments.

Created at 4 Sep · 3:36 PM

MS&AD Insurance Group eyes European reinsurance market entry

MS&AD Insurance Group Holdings is exploring expansion into the European reinsurance brokerage market, according to John Fitzgerald, CEO of its U.S. unit MS Transverse. This move aligns with the company's strategy to seek growth drivers outside of Japan.

Created at 4 Sep · 3:11 PM

Gloria Steinem and Ms. Magazine's Publishing Industry Transformation

Gloria Steinem co-founded Ms. Magazine in 1971, challenging the notion that women were a niche audience. The publication aimed for mass-market appeal, covering feminist issues as central concerns and proving the viability of feminist media at scale.

Created at 4 Sep · 3:21 PM

CD sales see unexpected growth amid retro tech trend

CD sales generated $171.1 million in revenue in the first half of 2026, a 58.6% increase from the same period in 2025, according to the RIAA. This growth occurs amidst a broader resurgence in interest for older technologies.

Created at 4 Sep · 3:11 PM

Stellantis in talks with Huawei, JAC over Maserati partnership

Stellantis is reportedly in discussions with China's Huawei and JAC Group for a long-term industrial cooperation deal focused on its struggling luxury brand, Maserati. The partnership could involve integrating Huawei's intelligent mobility platform and a dual-branding strategy.

Created at 4 Sep · 2:19 PM

Itochu fully acquires US used smartphone reseller We Sell Cellular

Japanese trading house Itochu has fully acquired We Sell Cellular (WSC), a U.S. distributor of used mobile phones, to capitalize on the growing demand for affordable devices. Itochu previously held a 79.5% stake in the New York-based company.

Created at 4 Sep · 1:56 PM

Iceland boss Richard Walker vows to open shop on Falkland Islands

Richard Walker, executive chairman of the UK supermarket chain Iceland, has pledged to open a store in the Falkland Islands. The announcement comes amid renewed tensions over the territory's sovereignty, with Argentinian President Javier Milei asserting his country's claim.

Created at 4 Sep · 2:51 PM

EQT to invest $2bn in specialty insurance broker McGill and Partners

Private equity firm EQT has agreed to invest $2 billion in London-based specialty reinsurance broker McGill and Partners. The deal aims to fuel McGill and Partners' global expansion, particularly in the US market, and deepen its ties to the Lloyd's of London insurance market. All 600 employees will benefit from the transaction through an equity participation plan.

Created at 4 Sep · 12:51 PM

Nidec reports 844 cases of quality control misconduct

Japanese motor maker Nidec has uncovered 844 instances of quality control misconduct over the past decade, including faking product tests and false labeling. CEO Mitsuya Kishida apologized for the issues, which he attributed to intense pressure on employees, but stated no safety problems or recalls have resulted.

Created at 4 Sep · 1:06 PM

SERHANT. Recruits Chad Bishop Group in Fort Lauderdale

SERHANT. has expanded its Fort Lauderdale presence by recruiting Chad Bishop and the Chad Bishop Group from One Sotheby’s International Realty. The team brings over $600 million in career sales volume.

Created at 4 Sep · 1:40 PM

Hollywood Summer Box Office Recovers to Pre-Pandemic Levels

Hollywood's summer box office reached $4.61 billion in domestic ticket sales, a 26.1% increase from the previous year and the best summer since 2013. This resurgence was driven by a mix of established franchises and new hits, with Gen-Z audiences and filmmaker-driven projects playing a significant role.

Created at 4 Sep · 10:21 AM
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