The Swedish krona fell to its weakest level in more than a year on Friday, after reports from the Riksbank’s latest policy meeting suggested the central bank may postpone its plans to start lifting interest rates.
With more companies trying to take advantage of surging investor interest in the emerging technology, some are going to increasing efforts to stand out. London-listed Online Blockchain, for example, is demonstrating its credentials by bringing on board a tech veteran so experienced that it says he invented the term “email”.
British owner IAG said underlying operating profits climbed by almost a fifth in 2017 as global economic growth boosted ticket sales and helped lift margins, but reported a year-on-year decline in its preferred profit measure in the final three months of the year.
Ofcom has laid out a firmer plan to stimulate investment in ultrafast broadband networks while providing a fillip to Openreach and other telecoms companies by lowering a proposed cut to superfast charge controls.
Dubai ports operator DP World said Djibouti had illegally seized control of the Doraleh container terminal in the east African state, describing it as “an oppressive and cynical” move in the government’s campaign to force a renegotiation of a contract in force since 2004.
Russia's Rusal is preparing to launch an all-or-nothing “shoot out” mechanism to resolve a decade-long battle for control of mining giant Norilsk Nickel, in a dramatic proposal to end a renewed legal wrangle between two of the country's richest oligarchs.
Swiss Re has said it is still considering an approach about a partnership from Softbank, the Japanese tech-to-finance conglomerate, after eking out net income of $331m last year, despite being hit by $4.7bn in natural catastrophe claims.
Theresa May’s Brexit inner cabinet has wrapped up after eight hours of talks, amid signs that the factions in her top team have stitched together a fragile compromise on a plan for Britain’s future relationship with the EU.