Financial firms have moved £900bn out of the UK because of Brexit
Brexit has caused financial firms to move £900 billion out of the UK, according to a report by New Financial on the impact of...
Caledonia Investments acquires 130 bingo clubs in the UK for £240m
Caledonia Investments Plc is set to become one of Britain’s largest bingo club operators.
The investment trust agreed to acquire a chain of bingo halls...
Philadelphia becomes first US city to ban most cashless stores
Philadelphia has become the first city in the US to ban most cashless stores.
Cashless stores are those that do not accept cash - transactions...
Avago in advanced talks to acquire rival Broadcom
Avago Technologies Ltd is said to be in advanced talks to acquire rival Broadcom Corp in a deal that could be valued at $35...
Equinix acquiring UK rival Telecity for £2.35 billion
Equinix Inc announced on Friday that it is acquiring its UK rival Telecity Group in a deal worth £2.35 billion ($3.6 billion), representing one of...
US economy only added 20,000 jobs in February, wages continue to rise
The US economy added 20,000 jobs in February while wages continued to rise, according to a recent report by the US Bureau of Labor...
Airbnb acquiring hotel-booking service HotelTonight
Airbnb has signed an agreement to acquire the hotel-booking service HotelTonight for an undisclosed sum.
HotelTonight is an online travel app for users to...
European Central Bank announces fresh stimulus, won’t hike rates this year
The European Central Bank (ECB) announced it won’t be raising interest rates in the eurozone until 2020 amid a "sizeable moderation" in growth in...
Sainsbury’s makes £1.4 billion bid for Argos owner Home Retail Group
Sainsbury’s, the UK’s second largest supermarket, has made a formal £1.4 billion bid for Argos owner Home Retail Group (HRG) after South Africa's Steinhoff...
Alaska Air Group acquiring Virgin America Inc for $2.6 billion in cash
Alaska Air Group is acquiring Virgin America Inc for $2.6 billion (£1.8 billion) in cash as part of an effort to strengthen the airline...