Outgoing Bank of England head to face questions over audio leak. Mark Carney and successor Andrew Bailey may be called in to explain hedge funds’ early access to press audio feed | |
German court orders Tesla to stop felling trees for Gigafactory. Ruling comes after state environmental office greenlit clearance of 92 hectares of forest | |
UK holds ‘preliminary discussions’ with China over building HS2. State-owned railway builder claims it can complete rail link faster and more cheaply | |
Managers of the Church of England’s £8.3bn investment portfolio have criticised US regulators for planning to deny smaller shareholders, such as the church, the right to challenge US companies over excessive executive pay and the climate crisis. | |
Scottish Power launches 100% green energy tariff. Firm aims to stand out from ‘greenwashing’ deals misleading consumers |
Pound surges as markets bet new Chancellor will cut taxes. Tax rises on pensions and property could be off the table as Rishi Sunak takes over from Sajid Javid | |
Centrica (CNA) blames gas glut and energy price cap for £1.1bn loss. The company fails to give any update on the search for a new chief executive | |
JCB cuts production on coronavirus shortages. Workers will move to a 34-hour week at the digger manufacturer’s UK factories ahead of expected parts shortages | |
Vivendi to float Universal Music. Surprise move comes three years after French owner decided against a listing and in the wake of a stake sale to China’s Tencent | |
Airbus fails to capitalise on Boeing 737 Max grounding. The planemaker slumped to a €1.36bn (£1.1bn) loss last year despite reporting record aircraft deliveries |
Oil giants Royal Dutch Shell ‘A’ (RDSA) and BP (BP.) sink after IEA warns coronavirus is expected to hit demand for oil by around 435,000 a day. | |
Newly-formed Just Eat (JE.) reports bumper trading as the competition watchdog continues to mull whether deal should be undone. | |
Deputy Barratt Developments (BDEV) boss Steven Boyes sells £3.7m worth of shares. Boyes, 59, sold 435,000 shares at 842.35p, according to regulatory filings. | |
Pound jumps after Sajid Javid storms out of No.11 and is replaced by Rishi Sunak. | |
Sirius Minerals (SXX) shareholders seek a last-ditch deal to stop £405m takeover that would leave many of them with virtually nothing. | |
Car manual firm Haynes Publishing Group (HYNS) is bought for £114.5m by French rival Infopro Digital. Haynes said media, information and service company Infopro Digital had agreed to pay 700p per share – 62 per cent more than Haynes’ closing share price on Wednesday. | |
Domino’s Pizza Group (DOM) announces a retreat from Scandinavia over poor sales with its Norwegian arm first for the chop. Pizza delivery giant has said it will sell its 71 per cent stake in its Norwegian division to its minority shareholders in a deal worth £7million. |
Shopify’s first quarterly profit sends shares to fresh highs. Ecommerce group on track to triple its valuation within a year. | |
Huawei in talks with LSE to fund 5G research project. UK university’s reputation at risk from exposure to China, academics warn. | |
Barrick Gold tops forecasts and raises dividend as gold prices soar. Asset sales of $1bn over the past year helped lower debt at Toronto-based miner. | |
New BP (BP.) boss pledges net-zero emissions by 2050. Chief’s move represents one of the most ambitious climate targets set by energy major. | |
Burford Capital (BUR) hit by Dubai ruling on £350m superyacht. Gulf court overturns litigation funder’s pursuit of vessel at heart of Russian oligarch’s marital split. | |
AngloGold sells world’s deepest gold mine in South Africa exit. Move could pave way for company to shift primary listing to London. | |
Rio Tinto (RIO) weighs closure of Icelandic smelter as it struggles with power costs. ISAL facility remains unprofitable as aluminium producers face weaker demand and prices. | |
Nissan files $90m lawsuit against Carlos Ghosn. Carmaker seeking damages for ‘years of misconduct and fraudulent activity’ by former chairman. |
Plus500 Ltd (DI) (PLUS) saw its revenues drop by just over half to $354.5million meanwhile as new regulatory changes designed to limit high-risk betting to experienced and professional investors took effect. | |
Homeware retailer has significantly upped its annual profits after enjoying higher sales in the last six months. | |
Plus500 Ltd (DI) (PLUS) plans to open its first delivery facilities for Sobeys in Toronto and Casino in Paris. It has signed deals with major supermarkets in the US, Australia, Japan and Sweden. | |
Nissan launches £70 million lawsuit against fugitive former boss Carlos Ghosn over alleged misconduct including private jet trips and payments to his sister. | |
AIM-listed Burford Capital (BUR) rose 1.6 per cent, or 5.1p, to 328.7p, as Barclays analysts upgraded it to ‘overweight’ from ‘neutral’. |
The head of risk at Metro Bank (MTRO) is leaving as part of a revamp of the lender after an accounting scandal and share price crash. Aileen Gillan, Metro’s chief risk officer since 2013, will depart at the end of the month | |
Petrol and diesel car ban could be brought forward to 2032. The sale of new petrol, diesel and hybrid cars could be banned in just 12 years under new government plans. | |
BP (BP.) has vowed to reduce the carbon footprint of the oil and gas it produces to “net zero” by 2050 in a radical pledge to tackle climate change. | |
Softbank saw its profits all but disappear after losing £1.6 billion on a string of ill-judged bets on startups, from the shared office space provider Wework to the dog-walking app Wag. | |
A leading credit rating agency has said that the coronavirus outbreak will knock up to 0.2 percentage points off UK and eurozone growth this year as business investment and exports to China are hit. |