Former chairman Henry Staunton twice lobbied ministers to double Nick Read's pay, MPs heard on Wednesday.
It is combining forces with Reliance Industries, owned by Mukesh Ambani - Asia's richest man.
It follows reports the firm has lobbied the regulator to allow it to raise bills by 40% and face lower fines.
As Bitcoin's price makes headlines once more, here's a look at some key crypto terms and their meanings.
Nearly two-thirds of callers to the tax authority had to wait longer than 10 minutes to get through.
It is predicted the huge factory will create 4,000 jobs and many more in the supply chain.
The firm never acknowledged the project publicly but had recruited about two thousands workers.
Country Garden, which defaulted on overseas debt last year, says it will "resolutely oppose" the case.
Renault's boss says Europe "can't surrender" in the face of Chinese and US electric car manufacturing.
The firm paused its AI image generation tool after claims it was over-correcting against the risk of being racist.
The company's statement follows Henry Staunton's revelation in a hearing about postmasters' compensation.
News of the possible move comes as a leading think tank says the case for cutting taxes is "weak".
The electronics chain says US company Elliot's £757m offer "significantly undervalued" it.
The layoffs are the latest to hit the tech sector, which has seen big cutbacks worldwide since 2023.
About 40,000 M&S staff will see their wages increase by more than 10% from April.
Meat, fish and fruit prices fell while energy costs eased, the British Retail Consortium said.
Ministers fear that the relatively cheap cost of vaping makes it more accessible for young people.
At first artists signed to the label were removed, but now writers are being taken off the platform.
Sean Bailey, the head of the media giant's live-action film studio, stepped down after 15 years.
Vice Media Group filed for bankruptcy in May and was bought by Fortress Investment Group.
Ammonia is essential for fertiliser production but producing it is carbon intensive.
Electricity, gas and oil prices all face numerous pressures over the next 12 months.
The British Library has been hobbled for months by a cyber-attack and experts warn of similar damage ahead.
The airshow is Boeing's first major aviation event since a mid-air incident on an Alaska Airlines flight.
Artificial intelligence software is being used to look for signs of alien lifeforms.
Sandy Enoch of Robotical explains why he had to pivot his educational robot company due to AI.
With international studios sending more work to India, the industry is struggling to train enough staff.
As AI uses more electricity, new data centres could have their own nuclear power stations.
Western alcoholic drinks are trying to take on baijiu, which dominates the country's spirits market.
Hovhannes Avoyan, founder of picture and video editing app Picsart, shares his advice for our CEO Secrets series.
Music festivals need a lot of electricity, but plugging into greener sources is not easy or cheap.
Source: BBC News - Business
All rights reserved. Copyright © 2024 Seventh Wave Media