Business Archive

Billionaire arms deal fixer Wafic Saïd weighs up Barclays lawsuit
Subhadip
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Wafic Saïd, the billionaire philanthropist and arms deal fixer, is considering legal action against Barclays after the bank forced him to close

China’s Anbang and Blackstone in $6.5bn US hotel deal
Subhadip
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China’s Anbang bought New York’s famous Waldorf-Astoria hotel from Blackstone in 2015 Chinese insurer Anbang has agreed to buy a US luxury

Oil price falls as Iran rejects output freeze deal
Subhadip
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Oil prices have fallen by nearly 3% after Iran put off plans to join nations proposing a freeze on production. Oil minister

Eurozone industrial output rises 2.1% on Ireland surge
Subhadip
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Eurozone industrial production grew at its highest rate in more than six years during January, driven by a sharp increase in output