NMC Health (NMC)’s founder forced out over shares scandal. The founder of NMC Health, the troubled private hospitals group, has been ousted following a corporate governance scandal over his holdings in the company.
Royal Dutch Shell ‘A’ (RDSA) agrees China deal to bolster green power. Royal Dutch Shell has thrown its weight behind a Chinese-backed energy storage venture building what is claimed to be Europe’s largest battery in Wiltshire.
Household confidence at highest level since crisis. Household confidence has reached its highest level in 11 years in another sign that the economy has benefited from a post-election bounce.
The consolidation sweeping the investment industry stepped up a gear after Jupiter Fund Management (JUP) agreed to buy its smaller rival, Merian Global Investors, for as much as £419 million.
A multibillion dollar deal that would create a train-manufacturing, maintenance and signalling giant in the UK has edged closer with reports that Alstom of France is close to acquiring Bombardier Transportation of Canada.