Norway oil fund removes Drax Group (DRX) from investment blacklist. Sovereign wealth fund rewards the UK power group for moving away from fossil fuels.
Hargreaves Lansdown (HL.) founder to sell £500m of shares. Peter Hargreaves says he wants to ‘diversify’ assets.
Trial of former Barclays (BARC) bankers likened to field of ‘diseased hares’. SFO prosecution lambasted by defendant’s lawyer as case enters final stage.
Three Thai conglomerates enter bids for Tesco (TSCO) stores. Bidders are Thailand’s biggest department store group, the owner of 7-Eleven and a brewing billionaire.
Twitter’s quarterly revenue tops $1bn for first time. Shares surge 15% as strong US growth boosts social media giant.
Beazley (BEZ) reports rise in price of specialist commercial insurance. Increase points to improvement in the market after years of stubbornly low rates.
Prominent investment adviser calls for Credit Suisse chair to resign. Ethos Foundation chief says Swiss bank is ‘in crisis’.
Fiat Chrysler warns coronavirus might shut European plant. Facility is weeks away from halting production after supplies are hit by China shutdowns.
