Typhoo Tea teeters on the brink of administration

Getty Images Typhoo Tea is set to appoint administrators as the 120-year-old brand’s sales slump, losses widen and debts rise. The company has filed a notice at court “which affords the company some breathing space to explore solutions”, Typhoo’s chief executive Dave McNulty told the BBC. The firm has been trying to turn itself around for some time. However, it suffered a setback after trespassers damaged its former factory in

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What could Donald Trump’s cabinet and administration look like?

Getty Images Donald Trump has made the first official hire of his incoming administration, announcing 2024 campaign co-chair Susan Summerall Wiles as his chief of staff. The president-elect’s transition team is already vetting a series of candidates ahead of his return to the White House on 20 January 2025. Many who served under Trump in his first term do not plan to return, although a handful of loyalists are expected

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How will the next Trump administration impact India?

India’s Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Mandel Ngan | Afp | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can

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Black business leaders consider how to approach a Trump administration

Black business leaders are trying to figure out why Vice President Kamala Harris lost the presidential race, and how to approach the coming administration of President-elect Donald Trump. “It certainly means change. That’s what the voters wanted, and that’s what they thought President Trump represents,” said Charles Phillips, co-chair of the Black Economic Alliance and co-founder of Recognize. “What contributed to Trump’s win is people are tired of the cultural

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