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Category: Business News

WorldPay payments firm in $43bn sale to US rival

Image copyright WorldPay A payment processing firm that used to be owned by Royal Bank of Scotland has been sold in a deal worth $43bn (£32bn). WorldPay has been bought...

Levi’s ride 1980s denim trend back to stock market relisting

Image copyright Levi’s Image caption Nick Kamen stars in the famous Levi’s 501 “launderette” advert from 1985 When it comes to style, there are...

Deutsche Bank and Commerzbank in formal merger talks

Image copyright Reuters Germany’s two biggest lenders, Deutsche Bank and Commerzbank, will hold formal talks about a merger. The announcement caps months of...

M&S plans big store shift towards weekly food shop

Image copyright Getty Images Marks and Spencer is planning a big shift towards food at its stores, the retailer has said. It said it wanted to target the weekly family...

Boeing: What next after the 737 Max disasters?

Image copyright Getty Images Two fatal accidents involving Boeing 737 Max jets have left the plane maker rushing to restore confidence in the safety of its...

Sir Philip Green’s Arcadia Group seeks to to cut costs

Image copyright PA Sir Philip Green is working on a restructuring of his Arcadia Group retail empire that includes Topshop and Miss Selfridge. The billionaire’s...

Brexit ferry contracts could cost government millions more

Image copyright Getty Images Image caption Brittany Ferries is one of two suppliers which has a contract to provide extra ferry services The government will be forced to...

Wetherspoon’s profits plunge by 19%

Image copyright Getty Images Image caption Wetherspoons warned last year that food and drink prices would rise due to increased costs Profits at UK pub chain JD...

Contactless card use surges as doubts ease

Image copyright Getty Images Two in five card payments are made using contactless technology as consumers appear to have cast aside any doubts of paying without a Pin....

Interserve: UK outsourcing giant loses rescue vote

Image copyright Creative Commons Image caption Interserve has a cleaning contract for Network Rail stations Outsourcing giant Interserve has failed to persuade...