Business Archive

UK stocks and pound keep to recover
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uk stocks and the pound have persevered to regain some of the ground lost within the wake of the Brexit vote. After

Brussels steel summit fails to find answer to oversupply problem
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No breakthrough at gathering of 34 nations as Chinese state news agency says it is ‘lame and lazy’ to blame crisis on

Peroni and Grolsch sold as AB Inbev and SABMiller deal nears
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Japanese brewer Asahi will buy Peroni and Grolsch in the UK and Europe, as well as London’s Meantime brewery AB InBev confirmed

Pret a Manger sales rise as vegetarian range pleases foodies
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Sandwich chain, which started as a single shop in London’s Hampstead, opened 36 new branches worldwide last year, taking the total to

Brexit impact would partly depend on WTO negotiations: WTO chief
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The impact of a British vote to leave the European Union would depend in part on Britain’s negotiations with members of the

UK productivity plummets in fourth-quarter at fastest rate since financial crisis
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British economic productivity fell late last year at the fastest pace since the depths of the financial crisis, raising fresh doubt about

Tata Steel UK suitor to start due diligence in around 10 days
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Liberty House Group will start due diligence within a week from Monday on the loss-making UK assets that Tata Steel (TISC.NS) has

Retail, mining, pharma stocks rally to boost FTSE
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Britain’s top share index edged higher on Thursday, boosted by rises in pharmaceutical and mining stocks, while retailers were also in favour

Pele sues Samsung for $30m over lookalike use in ad
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Brazilian football legend Pele is suing South Korean electronics giant Samsung, after claiming the firm improperly used a lookalike in an advertisement.

Foxconn finalises Sharp takeover
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Taiwanese manufacturer Foxconn says it has finally agreed a deal to take over struggling Japanese electronics company Sharp. Foxconn said the deal