10.7 C
Birmingham,uk
Tue Oct 16 - 5:44:42

Business

Business

Manchester United shares soar amid Saudi prince takeover talk

It claimed the prince was interested in supporting the Saudi purchase of a major stake worth about £3bn but preferably a full takeover

Fracking for shale gas begins in Lancashire amid protests

Energy firm Cuadrilla started hydraulic fracturing at the site in Little Plumpton on Monday, with the work set to continue for three months

Speed record team Bloodhound calls in administrators

Joint administrator Andrew Sheridan said the administration "provides some breathing space to identify an investor who will bring the guaranteed funding, impetus and expertise required to drive the project forward"

Nissan delays pay talks amid uncertainty

The statement comes after the latest hold-up in Brexit talks ahead of a key summit this week as London and Brussels hope for a deal by next month

Three years of weak growth forecast for UK amid Brexit uncertainty

The EY ITEM Club has downgraded its outlook for 2018 to 1.3% - which would make it the slowest expansion since the height of the recession in 2009 - and expects growth of just 1.5% in 2019

Bloodhound has brakes put on as administrators race to find £25m

Sky News has learnt that the company behind Project Bloodhound is expected to appoint FRP Advisory to handle an insolvency process as it tries to secure the money needed to guarantee its future

Superdry feels the heat in £18m profit alert

Shares lost 21% of their value on Monday after it said "unseasonably hot" conditions in the UK, Europe and on the US East coast - continuing from the summer into the autumn - had "significantly affected" demand for products such as jumpers and jackets

US retail giant Sears files for bankruptcy

The company, which is more than 100 years old, was once America's largest retailer but has been battered by fierce competition and the rise of internet shopping

Purplebricks finds German home with Homeday stake purchase

Sky ‎News has learnt that Purplebricks, which has a market value of more than £650m, will announce on Monday that it is to become a shareholder in Homeday through a joint venture with the German media giant Axel Springer

Jamal Khashoggi: Donald Trump says ‘rogue killers’ may be behind Saudi journalist’s disappearance

The US president also said Saudi leader King Salman denied "any knowledge of whatever may have happened" during a phone call

Weather

Birmingham,uk
mist
10.7 ° C
11 °
10 °
100%
2.1kmh
90%
Wed
14 °
Thu
12 °
Fri
13 °
Sat
17 °
Sun
18 °
1,575FansLike
0FollowersFollow
621FollowersFollow