Category: Business

North Sea oil and gas operators including BP have hit back at Rishi Sunak’s £5bn windfall tax on the sector, warning it was a “multiyear” assault on their profits that … Read More

Oil and gas operators reacted with dismay on Thursday after the UK government surprised them with a multiyear raid on their profits with some warning that they would review their … Read More

New York authorities claim to have taken down an organised shoplifting ring that stole everything from luxury goods to toiletries, reaping millions of dollars and contributing to an atmosphere of … Read More

Who’s afraid of inflation? Not America’s mid-market shoppers. Retailers that cater to this customer base are having a good earnings season. Macy’s, Nordstrom and Ralph Lauren are among those that … Read More

National security now depends on internet connections as well as military hardware. No surprise then that the UK government is using newly enshrined powers to investigate the acquisition of a … Read More

Meyrick Chapman is the principal of Hedge Analytics and a former portfolio manager at Elliott Management and bond strategist at UBS. The Swiss National Bank has long been coy about … Read More

US chipmaker Broadcom has agreed to acquire cloud software company VMware for $69bn, including debt, in a takeover that signals the market for large corporate mergers might be thawing after … Read More

This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight to your inbox. Visit our Moral Money hub for all … Read More

The UK markets regulator has set out plans to simplify listing on London’s stock exchange to attract more fast-growing tech groups and start-ups in the face of increased competition from … Read More

Johnson Matthey has sold the bulk of its battery material division to privately owned Australian group EV Metals for £50mn, as the UK chemicals group looks to draw a line … Read More