The Italian coastguard has started its second day of searching for survivors of a sunken superyacht off the coast of Sicily, including the tech media mogul Mike Lynch and Morgan …
Estate Planning
Weir Group wins £53m Pakistan copper mining tech contract from Barrick
Mining specialist Weir Group has won a £53m contract for the Reko Diq copper-gold project, a 50 per cent owned greenfield development by Barrick. Located in Pakistan’s province of Balochistan, …
London City Airport given go-ahead to expand capacity but more Saturday flying rejected
The government has granted London City Airport permission to significantly expand capacity, in one of the first signals of its approach to growing Britain’s aviation sector. The plans mean the …
GSK receives US breakthrough therapy designation for lung cancer treatment
Pharmaceutical group GSK has been granted breakthrough therapy designation by the US Food and Drug Administration (FDA) for a key lung cancer treatment. The breakthrough therapy designation is designed to …
Gran Tierra Energy pounces on i3 Energy in £175m deal
Oil producer Gran Tierra Energy has announced a £175m deal to acquire its London-listed peer i3 Energy. Under the terms of the deal, which was announced in the early hours …
Maritime surveillance firm Windward narrows losses as global trade rebounds
Maritime surveillance firm Windward said half-year losses narrowed by two-thirds as demand for its products increased significantly amid a rebound in global trade. Earnings before interest, taxation, depreciation and amortisation …
H&T: Profit jumps due to ‘ongoing constraint in the supply’ of short-term loans
The UK’s largest pawnbroker and short-term loan business, H&T, announced a double-digit profit jump in the first half of the year as Brits showed no sign of reining in loan …
Diversified Energy: FTSE 250 firm stumps up £52m for Texas natural gas field
Oil and gas site owner Diversified Energy Company has bought several operated natural gas wells located within East Texas for $68m (£52.3m). The FTSE 250 firm bought the assets from …
Is Google a monopoly? Sort of, but that’s the free market
How about a little trust in the dynamism of the free market? Writes Matthew Feeney An American federal court recently hit Google with a huge blow in one of the …
University spinouts could be the answer to the UK’s growth problem
University spinouts are vital to retain the UK’s innovation crown, writes Simon Bumfrey, tech chief at HSBC Innovation Banking UK The UK’s innovation economy remains the envy of Europe with …