India’s tech industry is ruling out a US recession. Or so you would think from Infosys Ltd’s cheery forecast of 14% to 16% annual revenue growth, slightly better than what the country’s second-biggest exporter of software services was projecting just three months ago. The Bengaluru-based firm, which reported its June quarter earnings, is considered the industry’s weathervane. If it’s optimistic ...

It’s the end of an era for Primark’s owner Associated British Foods Plc, as longtime CFO John Bason prepares to retire in April next year. He will be succeeded by Eoin Tonge, the finance director of Marks & Spencer Group Plc. Behind the drama — Tonge was given an enlarged role at M&S only a few weeks ago and was ...

  Last week, unbeknown to many outside the power industry, parts of London came remarkably close to a blackout — even as it was recovering from the hottest day in British history. On July 20, surging electricity demand collided with a bottleneck in the grid, leaving the eastern part of the British capital briefly short of power. Only by paying ...