Theresa May pledges to boost aerospace amid Brexit fears

Theresa May pledges to boost aerospace amid Brexit fears

Image copyright PA Image caption Theresa May visited the Farnborough International Airshow on Monday Theresa May has promised extra investment for the aerospace industry, just weeks after Airbus threatened to reduce its UK presence because of Brexit disruption. The prime...
read more
Debenhams shares hit by insurance fears

Debenhams shares hit by insurance fears

Image copyright AFP Shares in Debenhams fell more than 5% before recovering following reports that some insurers have reduced cover for its suppliers. The Sunday Times said the retailer was facing “a cash crunch” because some credit insurers had ti...
read more
Prepare for no-deal Brexit, German business groups tell members

Prepare for no-deal Brexit, German business groups tell members

BERLIN (Reuters) – German business groups have urged their members to step up preparations for a hard Brexit that would see Britain crash out of the European Union next year without negotiating a deal. British Prime Minister Theresa May secured...
read more
Farnborough Airshow: Brexit and bulging order books dominate

Farnborough Airshow: Brexit and bulging order books dominate

Image copyright Getty Images Image caption US-made F-35B fighter jets will be jointly operated by the Royal Navy and RAF. The weather forecast may be warm and sunny, but there is still likely to be a cloud hanging over the...
read more
Citigroup executives see better growth ahead, but not yet

Citigroup executives see better growth ahead, but not yet

By Sweta Singh and David Henry (Reuters) – Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain how those expectations line up with second-quarter...
read more
What does it take to be a billionaire?

What does it take to be a billionaire?

Image copyright Reuters Image caption Forbes estimated Kylie Jenner’s net worth at nearly $1bn, based largely on its $800m valuation of her cosmetics firm Forbes caused a stir this week when it reported that social media star Kylie Jenner had...
read more
The battle for Sky: Five reasons why it matters

The battle for Sky: Five reasons why it matters

Image copyright HBO Image caption Game of Thrones draws big audiences for Sky Powerful media firms with deep pockets are lining up to try to buy Sky. The Rupert Murdoch-controlled 21st Century Fox is in a bidding war with US...
read more
Poundworld to close another 80 stores

Poundworld to close another 80 stores

Image copyright PA Another 80 Poundworld stores will be closed, resulting in 1,024 job losses, the company’s administrators have said. The latest announcement means that 105 of the company’s 335 stores are now earmarked for closure. Poundworld went...
read more
IHH offers strategically, financially compelling proposition along with simplicity and certainty, says Fortis chairman

IHH offers strategically, financially compelling proposition along with simplicity and certainty, says Fortis chairman

New Delhi: Fortis Healthcare today said its board has picked Malaysia’s IHH Healthcare to take control of India’s second-largest hospital chain, ending months of a takeover battle. Fortis board picked up IHH offer to infuse Rs 4,000 crore of capita...
read more
Donald Trump and Theresa May meet amid Brexit storm

Donald Trump and Theresa May meet amid Brexit storm

Image copyright PA Image caption Mr Trump’s interview comes as protesters – both anti and pro-Trump – prepare to march on Friday Theresa May and Donald Trump are holding talks at her country retreat Chequers, following his controversial comme...
read more