BUSINESS

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After conjuring up a magical streaming hit, Netflix’s animated film “KPop Demon Hunters” is now casting a spell over store shelves, with retailers racing to capture consumer excitement through themed snacks and meals.

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Tesla shares jumped more than 6% on Monday after Elon Musk announced he had purchased approximately $1 billion (£735 million) worth of the company's stock. The move by Musk, who already held a 13% stake, is being seen as a strong signal of confidence in the electric car maker, which has struggled to gain ground this year, especially with its plans to invest in robotaxis, automation and artificial intelligence (AI).

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Nebius Group shares surged on Tuesday after the Amsterdam-based artificial intelligence infrastructure firm announced a landmark partnership with Microsoft. The multi-year agreement, valued at $19.4 billion, will see Nebius supply cloud computing power to support Microsoft's rapidly expanding AI operations.

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Jaguar Land Rover (JLR) is still grappling with the fallout from a cyberattack that struck its systems over a week ago, with UK production facilities now slated to remain closed until at least Wednesday. The attack has impacted car plants at Halewood and Solihull, its Wolverhampton engine facility, and additional production sites in Slovakia, China, and India, forcing a widespread operational shutdown.