Business

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Chinese owner explores sale of historic steel trader Stemcor

Chinese owner explores sale of historic steel trader Stemcor

The Jersey-based group, which was founded by the father of veteran Labour MP Dame...

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Nationwide to pay £340m to customers as profits rise 40% due to rising rates

Nationwide to pay £340m to customers as profits rise 40%...

A payment to eligible customers will be made next month and the lender says it will...

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Semiconductor strategy: £1bn for vital microchip sector faces criticism

Semiconductor strategy: £1bn for vital microchip sector...

Some say more detail is needed and the pledged investment is a small amount in the...

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Energy price cap set to remain more than £1,000 higher than pre-pandemic average

Energy price cap set to remain more than £1,000 higher...

A report warns a "new normal" level for bills is looming, at around the £2,000 level...

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Government sells 9.5% of state-controlled Telecom Egypt

Government sells 9.5% of state-controlled Telecom Egypt

The sale comes as part of the country’s privatisation drive as it must meet a series...

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First Republic makes last ditch bid to find rescue deal

First Republic makes last ditch bid to find rescue deal

US regulators are racing to find a rescuer to buy First Republic Bank in a deal...

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Nigeria’s NNPC, Norway’s Golar sign MoU on floating gas plant

Nigeria’s NNPC, Norway’s Golar sign MoU on floating gas...

Africa’s biggest oil producer holds some of the world’s biggest gas reserves and...

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Vice Media cancels flagship show, announces ‘painful’ layoffs

Vice Media cancels flagship show, announces ‘painful’ layoffs

Announcement comes after BuzzFeed last week said it was closing its news division.

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NatWest beats profit expectations with 50% hike on last year

NatWest beats profit expectations with 50% hike on last...

NatWest group, which includes the Royal Bank of Scotland and Ulster Bank, also saw...

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New CBI boss 'really confident' business lobby group can survive scandal

New CBI boss 'really confident' business lobby group can...

Rain Newton-Smith tells Sky News there is much work to do to regain trust but argues...

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Barclays reports above expectations first quarter profit

Barclays reports above expectations first quarter profit

While profits beat forecasts, some divisions - such as investment banking - had...

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Cost of living latest: Positive updates on UK housing market; Britons turning away from Ben & Jerry's and Magnum

Cost of living latest: Positive updates on UK housing market;...

Two housebuilders post encouraging updates on the UK housing market, while a spike...

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Sainsbury's sees fall in pre-tax profit as it reveals how much spent to 'keep prices low' during cost of living crisis

Sainsbury's sees fall in pre-tax profit as it reveals how...

The supermarket says it is "absolutely determined to battle inflation" for its customers.

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First Republic’s market value plunges below $1bn from $40bn peak

First Republic’s market value plunges below $1bn from $40bn...

Reports show US govt may not intervene in rescue process and regulators may downgrade...

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Barbie launches doll with Down's syndrome

Barbie launches doll with Down's syndrome

First launched in 1959, Barbie has faced her fair share of criticism for an unrealistic...

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