NBA suspends Clippers owner Ballmer, fines team $30M, Kawhi Leonard $700K in cap circumvention case
Los Angeles Clippers owner Steve Ballmer was suspended for one year by the NBA, and the team was ordered to pay $30 million for violating salary cap c...
Bots and bargains: Zara owner launches cut-price Lefties in UK to rival Primark
First robot-assisted outlet opens in Liverpool to take on Shein and supermarkets in clothing, shoes and homewares Business live – latest updatesThe ow...
San Francisco 49ers owner Jed York pleads no contest after arrest at Ohio trailer park
46-year-old charged with possessing criminal toolsYork fined and sentenced to two days in jail49ers CEO also owns stake in Leeds UnitedThe San Francis...
Sports Direct owner Mike Ashley tightens hold on Hugo Boss
Frasers Group increases stake in German fashion house to 48%, after buying Harvey Nichols chain last weekThe retail billionaire Mike Ashley has given ...
Sports Direct owner buys Harvey Nichols department store chain
Mike Ashley’s Frasers Group acquires Knightsbridge-headquartered retailer after it went into administrationBusiness live – latest updatesThe owner of ...
Forest owner Marinakis sues Palace over gun banner
Evangelos Marinakis is suing Crystal Palace for a banner unfurled by their fans depicting the Nottingham Forest owner holding a gun to midfielder Morg...
Raleigh bike brand faces chop after owner begins insolvency proceedings
Fate of historic bicycle name in hands of administrators after Netherlands-based Accell Group fails to find buyerThe bicycle company that owns the his...
Marmite and Dove owner Unilever warns of price rises due to growing costs
Consumer goods group reports strong sales growth, owing in part to World Cup marketing campaignsBusiness live – latest updatesUnilever has warned it w...
Owner of Viking ship used in The Odyssey says studio has not paid bill for damage
Swedish nonprofit alleges cost to repair replica was $6,000 but Universal – which made $264m on film’s opening weekend – has not stumped upThe Swedish...
Michelin-starred restaurant owner in South Korea faces jail for serving ants in dessert
Fine of 20m won (£10,108) could also be imposed for serving insect not approved for consumption under local lawProsecutors in South Korea have asked a...
Distillery owner could face only three months in jail over alleged poisoning Australian teenagers
Fears of light charges in case of Bianca Jones and Holly Morton-Bowles and four other travellers confirmed by Laos courtThe distillery owner linked to...
Ribena owner invests in helping blackcurrants withstand extreme weather
The £200,000 move comes after harvests in Britain hit by wet winter, spring frost and hail, then heatwavesThe owner of Ribena is to invest £200,000 in...
Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
US telecom giant Comcast to snap up free-to-air TV channels and streaming platform to create UK’s biggest commercial broadcasterSky has announced a lo...
