The foreign ministers of India and Pakistan will meet on the sidelines of the UN General Assembly in New York this month, New Delhi has confirmed, in the first signs of a significant thaw in tensions since Imran Khan came to power in Pakistan.
The head of the prisons service in England and Wales, Michael Spurr, will step down in March in the wake of a series of damning prison inspections and protests by prison staff at unsafe conditions, the Ministry of Justice has said.
Danske Bank is feeling the heat from investors after revealing the enormous scale of its money-laundering scandal, with shareholders considering their own investigation and CEO Thomas Borgen heading for the exit.
The £26bn fight for control of Sky, the European pay TV operator, between Rupert Murdoch’s 21st Century Fox and US cable group Comcast will be settled by auction on Saturday, setting the stage for a dramatic climax to a bidding war between media titans.
The hot summer and a recovery in real incomes have given Britain’s struggling retailers a reprieve, with almost all sectors seeing a pick-up in sales after a dismal start to the year, official data showed on Thursday.
Norway’s central bank raised its main interest rate on Thursday for the first time since 2011, but the country’s currency dropped after policymakers reduced their expectations for rate rises next year.
High street fashion retailer French Connection said on Thursday it had more than doubled its losses but expected to return to profitability by the end of the year, despite the fact that sales continued to decline amid challenging conditions on the high street.
The Swiss National Bank has held back from calling the national currency overvalued, reiterating its characterisation of the franc as “highly valued” and confirming its willingness to intervene in foreign exchange markets while keeping interest rates on hold.
Is Kier the next Carillion? No, this is not blatant sensationalism. Nor search engine optimisation (as I believe the former is now called by millennials walking around with laptops balanced on their forearms). This is an email after all (unless you are reading it online later).
IG Group, Europe’s biggest largest contracts-for-difference trading platform, posted a 5 per cent drop in revenues in its latest quarter in an early sign that a recent crackdown by European regulators on speculative trading products is already hurting the sector.
Kier Group, the UK construction company, shrugged off the turbulence in its market following the collapse of Carillion to end the year with underlying profits 9 per cent higher and its construction and services order book at a record level.