Saudi and UAE contracting businesses are suffering from the Covid pandemic in spite of government intervention
US private equity firm Blackstone is said to be in exclusive talks to take prime office developer SOHO China private in a $4bn deal, making it one of the biggest bets yet on the Chinese market.
Issues and costs over the durability of its Trent 1000 engine has seen Rolls-Royce post an £852m operating loss.
Italian energy group Eni has promised to reduce its greenhouse gas emissions by 80 per cent.
BA owner IAG is the latest airline to warn travel restrictions resulting from the coronavirus will impact earnings.
Prestige car maker Aston Martin made a £104.3m pre-tax loss in 2019 as revenues fell 9 per cent.
Virgin Money is to cut 500 jobs as it continues to integrate with Clydesdale and Yorkshire Banking Group.
Confidence in the euro zone hit a nine-month high this month, but the European Commission’s survey does not include the most recent spread of the coronavirus that may hurt the services sector.
World number two miner Rio Tinto said it would spend USD1 bn to become carbon-neutral by 2050, after reporting a 41-per cent drop in 2019 earnings.
EU trade negotiator hopes Washington’s decision to suspend a planned tariff increase on Airbus for 30 days offers a window of opportunity for a trade deal
London based companies raised a record amount of venture capital in 2019, beating out rivals Paris and Berlin, according to media reports that cited data from Refinitiv London
Amazon Go opens new, bigger store in Seattle and aims to capture a percentage of the weekly grocery shop
The latest funding for British fintech firm Revolut takes it to the top of the digi bank valuation charts as it looks to go global.
UK companies are falling behind when it comes to low-carbon investment, contributing just 3 per cent of the total spent on low-carbon capital and R&D initiatives.
High security printer De La Rue is to cut costs in a bid to regenerate its fortunes after it failed to win a lucrative contract to produce the new UK blue passports