Author: SKYNEWS

Nestle shares opened down more than 2.5% after the maker of Nescafe, Cheerios, KitKat, and Rolos dismissed its chief executive after an investigation into an undisclosed romantic relationship with an employee.On Monday night, Nestle announced that the immediate dismissal of Laurent Freixe, effective immediately, following the investigation into the relationship, with a direct employee, which had breached the company’s code of business conduct. Money blog: ‘My best friend didn’t give me a wedding gift – what should I do?’The replacement for Mr Freixe was announced as being Philipp Navratil, a long-time Nestle executive and former head of Nespresso, the brand…

Hollywood star Rupert Everett has been working behind the bar of his village pub in a bid to keep the doors open. Everett, known for his roles in Another Country and My Best Friend’s Wedding, has joined a roster of volunteers working to save The Swan, a local pub in Enford, Wiltshire, that is currently under threat of closure. The pub is staffed by a rotation of 30 people after it was initially closed when the previous licensee left.”There has been an amazing effort by our community to keep this pub open,” said the 66-year-old Shrek voice actor.”Times are hard…

South Australia will become the first place in the world to ban soy sauce fish-shaped containers as part of a wider cutdown on single-use plastic.From 1 September, the small dispensers often included in takeaway sushi meals will be phased out in the state. The move is part of an update to previous environmental legislation from September 2023 that banned supermarket carrier bags, plastic straws, cutlery, drinks stirrers, cotton buds, and confetti, among other things.The latest move will also cover non-compostable fruit and vegetable stickers and prepackaged cups and bowls for takeaway meals.Fish-shaped sauce containers were invented in Japan in the…

The McLaren Formula One team is to be valued at over £3bn in a deal that will reap a stellar return for the investors which helped bail out its parent company during the pandemic.Sky News can exclusively reveal that McLaren Group’s owners – Mumtalakat, the Bahraini sovereign wealth fund, and Abu Dhabi-based automotive investment group CYVN Holdings – are to buy out the 30pc stake in McLaren Racing that they do not already own. Sources said the deal, which will give the two Gulf investors full ownership of McLaren Racing, could be announced as soon as Tuesday.Money blog: Child psychiatrist’s…

Tennis player Kamil Majchrzak tracked down a fan whose cap was snatched away from him at the US Open – so he could give him a new one.The Polish star, 29, signed balls and towels for people in the crowds at Flushing Meadows in New York after he won his match against Russia’s Karen Khachanov on Thursday. Footage of him giving his cap to a young boy – only for it to be taken from his hands by a man next to him – was circulated widely online.Majchrzak, who was forced to pull out of the tournament due to injury…

Stethoscopes powered by artificial intelligence (AI) could help detect three different heart conditions in seconds, according to researchers.The traditional stethoscope, invented in 1816 to listen to the sounds inside a person’s body, has been “upgraded for the 21st century” and used in a pilot involving more than 200 GP surgeries in London. The AI stethoscopes could be a “real game-changer”, potentially allowing patients with heart failure, heart valve disease and abnormal heart rhythms, also known as atrial fibrillation, to be treated sooner, the trial suggests.Researchers found that heart failure was 2.3 times more likely to be detected in patients over…

Shares in UK banks have fallen sharply on the back of a report which urges the chancellor to place their profits in her sights in the coming budget.As Rachel Reeves stares down a growing deficit – estimated at between £20bn-£40bn heading into the autumn – the Institute for Public Policy Research (IPPR) said there was an opportunity for a windfall by closing a loophole. It recommended a new levy on the interest UK lenders receive from the Bank of England, amounting to £22bn a year, on reserves held as a result of the Bank’s historic quantitative easing, or bond-buying, programme.Money…

Tennis star Kamil Majchrzak has responded to footage of a boy having his cap snatched from him in the crowd at the US Open this week.Majchrzak signed balls and towels for fans at Flushing Meadows after beating Russia’s Karen Khachanov on Thursday. After interacting with several supporters, Majchrzak took his cap off and gave it to a young boy in the crowd.Within seconds, however, a man standing next to him grabbed it from his hands and put it in a bag that a woman next to him was holding.It is not clear whether the man had any connection to the…

From eight weeks until 14 years old, the NHS recommends a number of vaccines for children and teenagers.The health service says immunisations are the best defence against potentially serious illnesses, and it is important they are given at the correct time. Here are all the vaccinations children are recommended to have, at what age and what they protect against.Babies under one year oldAt eight weeks, babies are recommended to have the following jabs:• 6-in-1 vaccine• Rotavirus vaccine• MenB vaccine The 6-in-1 vaccine protects against the following illnesses:• Diphtheria – a contagious infection that affects the nose and throat, and sometimes…

Naguib Kheraj, the City veteran, has been shortlisted to become the next chairman of HSBC Holdings, Europe’s biggest bank.Sky News can reveal that Mr Kheraj, a former Barclays finance chief, is among a small number of contenders currently being considered to replace Sir Mark Tucker. HSBC, which has a market capitalisation of £165.4bn, has been conducting a search for Sir Mark’s successor since the start of the year.Money latest: How Gen Z investors are making their way in propertyIn June, Sky News revealed that the former McKinsey boss Kevin Sneader was among the candidates being considered to lead the bank,…