Rosneft replaces sanctioned trading arm with new one – sources

MOSCOW (Reuters) – Russia’s Rosneft (ROSN.MM), which closed its oil trading arm after sanctions were imposed…

Bank boss tells lenders to be ready for no-deal Brexit risk

The Bank of England governor has told lenders to be ready for the possibility that the…

Nissan: UK factory still under threat from no-deal Brexit

The UK’s largest car manufacturing plant is “unsustainable” if the UK leaves the European Union without…

Zoom sees sales boom amid pandemic

When it comes to its growth rate, video conference company Zoom has lived up to its…

Locus Robotics raises $40 million to go global

An announcement today form Locus robotics states that it raised $40 million which will be used…

Scandinavian joint venture to specialize in recycling electric vehicle batteries

Norsk Hydro and Northvolt have set up a joint venture that will focus on the recycling of…

Apple cuts iPhone prices in China to keep momentum going as economy continues to reopen

Apple has cut the prices of its latest iPhones in China ahead of a major online shopping…

Renault cuts 15,000 jobs in major restructuring

Renault is cutting 15,000 jobs worldwide as part of a €2bn (£1.8bn) cost-cutting plan after seeing…

Make Covid-19 recovery green, say business leaders

More than 200 top UK firms and investors are calling on the government to deliver a…

Biggest UK solar plant approved

The go-ahead has been given to the UK’s biggest solar farm, stretching 900 acres on the north Kent coast. Read…

Renault prepares for 15,000 job cuts

Struggling French carmaker Renault is said to be planning 15,000 job cuts around the world as…

Von der Leyen calls €750bn recovery fund ‘Europe’s moment’

A recovery fund worth €750bn (£670bn; $825bn) has been proposed by the EU’s executive Commission to…