Business

G7 plans on addressing global steel glut

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G7 nations are ready to address the slump in steel prices - which many have blamed on overcapacity by Chinese producers. Leaders of the...
EU Referendum Campaign Intensifies

EU referendum campaign intensifies this weekend as vote date nears

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The EU referendum campaign intensifies this weekend as the vote date – 23rd June – gets nearer, with both sides trying to get the...
Hinkley Point nuclear power plant

EDF warns Hinkley Point project may cost as much as £21 billion

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The Hinkley Point project may cost as much as £21 billion, EDF Energy warned on Friday – almost three billion higher than what the...
UK retail sales

US retail sales surged 1.3% in April, biggest gain in over a year

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Retail sales in the US surged 1.3 percent last month, the biggest gain since March 2015, amid an increase in purchases of automobile and...

California regulator gives Charter the green light to merge with Time Warner Cable

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Charter Communications Inc’s proposal to merge with Time Warner Cable and acquire Bright House Networks has received the green light from the California Public...
Libor fixing

Former Barclays banker, Peter Johnson, pleaded guilty to Libor rigging charge

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Former Barclays Plc banker, Peter Johnson, pleaded guilty to a Libor rate-rigging charge in the UK in October 2014, according to the Serious Fraud...
uber black logo

Heathrow opening a car park just for Uber drivers to address “local distress”

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Heathrow plans on opening a car park just for Uber drivers after reports of them creating “a huge amount of local distress” by lining...
Three_O2_Merger_Less_Competition

European Commission blocks Three’s takeover of O2, says deal would be bad for UK...

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The European Commission has prohibited CK Hutchison Holdings Ltd.’s multibillion-pound acquisition of Telefónica’s UK telecommunications provider “O2”. The deal, which was worth £10.3 billion, would...
Brexit

The pound would lose a fifth of its value if the UK leaves the...

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The value of the pound would lose up to a fifth of its value if the UK votes to leave the EU, according to...
EasyJet

Easyjet reports first-half net loss of £24 million

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Airline Easyjet reported a first-half net loss of £24 million, down from profits of £7 million in the year-ago period. Revenue increased 0.3% to £1.77...