Last month, SoftBank announced a bailout for WeWork.
Britain’s Brexit election is under way, and the Chicago Board Options Exchange has put together a stock index designed to let traders take positions on Britain’s withdrawal from the European Union. Because the companies listed have low dependence on British revenues, their shares do well the “harder” Brexit looks likely to be.
Share prices rose this morning but sterling was weaker as the political parties prepared to battle it out ahead of the December 12 general election. Today will see a new Speaker of the House of Commons elected in what will be the last significant act of the current Parliament.
A new report from the EY ITEM Club believes previous predictions of GDP growing by 1.5% were too optimistic, with 1% now more likely.
The Spanish banking group has purchased the 50.1% stake in Ebury as part of its digital-focused expansion plan.
The board of directors named Chris Kempczinski, who recently served as president of McDonald’s USA, as its new president and CEO.
Th airline said it expects to receive the first batch of currently-grounded Boeing 737 Max planes in March 2020, two months later than last forecast.
The firm’s response to handling safety flaws with its tumble dryers ‘owed more to PR management’ than customer safety, the BEIS Committee concluded.
Carbon Tracker warned that global reserves significantly exceed the amount that can be burned to stay within the limits of the Paris Agreement.
The supermarket will end its use of plastic bags for loose fruit and vegetables and remove plastic trays from ready meals, among other cuts.
The telecoms giant will start selling the ethically produced Fairphone 3 by the end of 2019.