A London-listed tungsten mining company is currently in discussions with investors to raise approximately £50 million through a share sale, aiming to extract one of the largest tungsten deposits located in Devon.

Barclays and NatWest are set to submit competing bids for Evelyn Partners, a prominent wealth management firm in the UK valued at £2 billion. This move marks a significant escalation in the ongoing competition among major banks to expand their wealth management services.

Shell, the FTSE-100 oil giant, is set to announce a new boardroom pay policy that would significantly increase the annual pay incentive for its CEO, Sawan. This move indicates a shift in the company's compensation strategy aimed at aligning executive pay with performance and shareholder interests.

Nestle has issued a recall for another batch of its SMA baby formula due to the detection of a toxin that can induce vomiting, raising serious health concerns for consumers. This follows previous scrutiny over the safety of its products.

FX risk management platform Bound is set to announce a significant funding boost of nearly $25 million, aimed at enhancing its automated services that protect clients from the fluctuations of volatile currency markets.

China has announced it will become the first country to ban hidden door handles, a feature commonly found in electric vehicles (EVs), as part of its regulatory efforts in the automotive sector. This decision reflects the government's increasing scrutiny over vehicle safety and design standards.

SpaceX has officially acquired xAI, an artificial intelligence startup also owned by Elon Musk, marking a significant consolidation in the aerospace and AI sectors. This merger is expected to create a powerful entity that combines SpaceX's aerospace capabilities with xAI's AI technology.