The FTSE 100 mining company rejected a sweetened £34 billion bid from BHP to acquire its Anglo American rival as “highly inattractive”. BHP revealed that it submitted a revised proposal
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Alibaba is leveraging its cloud computing infrastructure in order to become the leading investor for China’s artificial intelligence start ups. It offers them credits that they can use to access
Grant Thornton expects to earn £46mn from the administration of Greensill Capital. This is one of the costliest insolvency processes undertaken in the UK. According to a report filed with
Uber’s Chinese competitor is now laying the foundations for entry into the UK. This comes three years after was forced to stop plans to launch services in British cities. Didi
Land Securities, the largest commercial real estate owner in the country, sold the last of its hotels to an investor from the United States. Ares Management, based in Los Angeles,
High Speed 2 bosses, who will supervise its construction, are set to receive two massive drills before £1bn in vital funding is secured. The Government is yet to approve the
Heineken invests £39 million in the UK to upgrade and reopen more than 600 pubs that have been closed for a long time. Refurbishments will be carried out in approximately
TV Narendran, who is a first-time grandparent, has been able to soften her personality. The CEO of Tata Steel – one of India’s leading businessmen – smiled when he revealed
First time, union leaders have agreed to accept the end of six-day letter delivery a week. This will allow Royal Mail to make historic postal service cuts. Royal Mail has
Elon Musk unexpectedly visited Beijing on Sunday, where he met China’s second-ranking leader, Premier Li Qiang. Tesla is struggling with falling sales and data security issues in the world’s largest
Grocers are following in Amazon’s footsteps in their pursuit of the retail ‘holy-grail’ Spotify users are known to flood social media in the last weeks of the year with their
Canary Wharf Group has lost more than £900mn in value as a result of a £553mn loan deal. The developer and manager for the London Docklands estate, owned by Brookfield
Elon Musk’s SpaceX agreed to purchase a 10% stake in an electronics company founded 47 years ago in the garage of a professor. Filtronic, a County Durham-based company, saw its
After the Bank of England chief economist warned against reducing interest rates too early and said that inflation had to be squeezed from the economy, the prospects of an interest
Asda will raise more than £2.6bn in order to refinance part of its debt after the UK supermarket revealed results that showed adjusted profits rose by about a quarter. The
Tyman is the latest London listed company to be acquired by an overseas competitor after accepting an offer of £788million from an American rival. Quanex Building Products, a FTSE 250
