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Economy

CMA CGM bids 3bn euros for Singapore's Neptune Orient Lines

The world’s third-largest shipping firm, CMA CGM of France, has bid of $3.4 billion (3.13 billion euros) to buy Singapore’s Neptune Orient Lines. It

Economy

OPEC 'set to keep pumping oil' despite global glut

OPEC is determined to keep pumping oil despite the financial consequences on the policy’s main architect Saudi Arabia, according to Reuters. The news

Economy

Spain's solar energy firm Abengoa begins insolvency proceedings

Spain’s troubled renewable energy company Abengoa is said to have begun insolvency proceedings after talks with a potential investor broke down. The

Economy

Investors play safe amid security concerns

European investors are said to have been returning to safer assets as markets focus on international security issues in the wake of the Paris

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Economy

Market flight continues as left-wing Portuguese government become more possible

Portugal's electorate sees the markets make their minds up about their votes, and money flees a possible Socialist-led left coalition coming into office

Economy

Volkswagen shares fall over 'false' CO2 and fuel readings

Another three billion euros have been wiped off Volkswagen’s market value after the company admitted the fuel consumption and CO2 emissions of some

Economy

Lukewarm response to Poste Italiane market debut

Italy’s biggest sale of state assets in a decade failed initially to generate much excitement on the Milan stock exchange. The government’s disposal

Economy

Markets fret over Polish election winners' bank tax plan

Poland’s election result has brought a jittery reaction on the markets; the zloty and bank stocks falling slightly. The victorious Law and Justice

Economy

China slowdown hits Hyundai Motor Co's profits

Hyundai Motor Company has seen its quarterly net profit plunge by almost a quarter from a year earlier – as South Korea’s biggest carmaker reels from

Economy

AB InBev and SABMiller agree takeover deal to create new beer giant

If at first you don’t succeed, try try again. After being rebuffed several times in its bid to take over SABMiller, brewing giant AB InBev’s

Economy

Deutsche Bank suffers record quarterly loss

Deutsche Bank has posted a record quarterly loss with a pre-tax figure of 6 billion euros. It’s another blow to German corporate pride coming on the

Business Series

A painful Q3: global markets grim after worst quarter in years

In four years the financial markets have not hit seen such lows as they have done in third quarter of 2015. Successive declines hit global stocks

Economy

Markets rally at end of worst quarter since 2011

A rocky third quarter is coming to an end with stocks registering gains, bringing relief after the most difficult period for four years. Markets were

Business Series

VW shares continue to recover after steep falls

Volkswagen shares recovered slightly on Thursday after steep falls in recent days. But the emissions scandal has threatened to engulf VW’s rivals

Economy

Japan shares bounce back after Tuesday's fall

Japanese stocks have soared, staging their biggest advance since the aftermath of the Lehman Brothers collapse in 2008. The Nikkei 225 jumped 7.7

Economy

Rosneft shares fall on lower profits

Top Russian oli producer Rosneft says profits fell by 22% in Q2 thanks to continued weakness in oil prices, which have almost halved in the reporting

Markets

Shanghai opens week with more volatility

More rollercoaster trading in Shanghai to start the week, which plunged on opening and then clawed back most of the losses. The Chinese stockmarket

Markets

Stocks end the week relatively stable after roller-coaster ride

It’s been a truly roller-coaster week on the world’s stock markets. The panic selling that took hold in China and elsewhere earlier in the week

Markets

European markets rally

European markets on Thursday continued to rally, reflecting the gains on Wall Street, which saw its biggest single day rise for four years on

Economy

US growth revised upwards

Latest figures from the Commerce Department the US economy growing faster than previously thought. Despite the the jitters over China this week and