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Norwegian national and ex-chief of BG Group and Statoil to succeed Svanberg in January

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US and trading operations to be scaled back in refocus on Europe and corporate customers

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Bank hit by costs of mis-selling probe in US and charge for UK payment protection

Despite being dogged by controversies, the social network’s earnings continued to soar

BlackRock, JPMorgan Asset Management and Schroders in second round bids for mandate

Investment could provide group with crucial leverage in battle with Disney and Comcast

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Analysis Media

Offer valuing the pay-TV group at £22bn brings prospect of bidding war

Analysts say Japanese drugmaker has few alternatives left if it is to compete globally

Inside Business Sarah Gordon

New approach to supply-chain management could ease a problem made more urgent by Brexit

Interview Media

Mark Read has a lot on his plate as ad group reels from exit of Martin Sorrell

Takeda’s offer to pay $65bn for Shire comes amid a rush of M&A deals in healthcare

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