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Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this weekBusiness live – latest updatesThe board of easyJet has given the green light to a possible £5.7bn offer from the US private equity firm Apollo, as the low-cost airline becomes the subject of a surprise bidding war.The company’s board said on Friday that it was “minded to recommend” the potential all-cash offer, which values the business at £7.15 a share, to shareholders. Continue readi

Measures aim to make it easier for victims to gain compensation, with firms such as Bolt and Lime held responsible for damageVictims hit by rental e-scooters on German streets will have an easier time gaining compensation from their operators under legislation due to be passed in parliament that would put the vehicles on a legal footing similar to that of cars.The draft law by the right-left coalition government, which has been welcomed by consumer rights advocates, says that given the

They suck up energy and water, and blast out heat. Just who is better off from all this investment – aside from tech bros?The two great existential threats of our time – the climate crisis and AI – come hurtling together in the explosion of datacentres across Australia and around the world.You can hardly avoid hearing about them these days, either with awed reverence of the promised benefits to humankind or with fear and anger given the implications for the climate, inflation, jobs and

A legal case on behalf of some 700,000 people against the country’s biggest housebuilders could be a catalyst for much-needed industry reformEvery new government – at least for the past decade or so – has come into office with a promise to build more homes. New ministers don a hard hat, take a trip out to a recently completed development and smile indulgently as a bright young couple get given the keys to a smart-looking new-build. Then follows a speech about aspiration.The unspoken tr