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UK business investment expected to rise in 2017, BoE survey reveals

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A survey of 700 companies by the Bank of England revealed that UK business investment is expected to rise in 2017 on higher export...
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McLaren opening a £50 million manufacturing plant in Sheffield

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McLaren Automotive announced plans to bring production of its carbon-fibre chassis from Austria to northern England. The British automaker said it will open a £50...
BP

BP profits doubled in the fourth quarter of 2016

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BP profits doubled in the fourth quarter of 2016. Underlying replacement cost profit, BP’s preferred measure, rose to $400 million in the last three...
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UK tax burden to reach 30-year high, says IFS

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The UK tax burden - the proportion of national income collected in taxes - is set to rise to its highest level in 30...
autonomous ships - Rolls Royce

‘Oceangoing fully autonomous ships in next 15 years,’ says Rolls Royce

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The technology revolution taking place on land with the advent of driverless vehicles also looks set to transform sea transport. In the near future,...
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US regulator approves $4.2 billion Rover natural gas pipeline from Pennsylvania to Ontario

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The US Federal Energy Regulatory Commission has approved the construction of Energy Transfer Partners LP’s $4.2 billion Rover natural gas pipeline from Pennsylvania to...
San Francisco Bay, captured on December 27, 2016. Image: Terra Bella

Google selling its satellite imaging business Terra Bella to Planet Labs

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Google announced on Friday that it is selling its satellite imaging business, Terra Bella, to San Francisco-based private satellite operator Planet Labs. Planet Labs will...
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Trump orders review of Dodd-Frank, an effort to ease US financial regulation

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US President Donald Trump has ordered a review of the Dodd-Frank Wall Street Reform and Consumer Protection Act, an act that brought significant changes...
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Amazon reports Q4 revenue of $43.7 billion, below market expectations

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Amazon reported revenue of $43.7 billion in the fourth quarter, failing to meet market expectations, but a 22% increase compared with revenue of $35.7...
low-carbon transition - electric vehicle

Electric cars ‘could displace 2m barrels of oil per day’ by 2025

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Oil companies are seriously underestimating global progress in low-carbon transition. If they continue to assume demand for oil will grow unabated they will likely...