Britain’s fund managers have written to the top 350 public companies telling them to publish how much their chief executives make compared with the average employee and to justify the amounts paid out each year.
Exxon Mobil on Friday said it could write down billions of barrels of reserves, marking a change of course as the company faces federal investigations into how it values those reserves.
Yaseen Aslam. James Farrar. Remember those two names, because they are giant-killers. This summer the men took on not just one £50bn multinational, but an entire business model. On Friday, they won.
British American Tobacco has offered to pay $47bn (£38bn) to take full control of Reynolds American in a deal that would create the world’s biggest tobacco company by revenue and profit.
Psst! Is the coast clear? As son James Murdoch takes the chair again, it’s natural to ask whether dad’s Fox will try to reach for the whole of Sky once more.
Scrapping bonuses and capping directors’ pay are among a number of ideas being considered by a powerful City investor in an attempt to curb executive remuneration.
For Kurt Long, biking 300 miles for a fundraiser Richard Branson organized was a life-changing experience.
Low oil and gas prices are close to triggering a wave of bankruptcies and debt defaults among US producers, investors fear. The fall in the oil price to levels that are punishingly low for producers is putting up to $88bn of borrowings potentially at risk.
Royal Dutch Shell has agreed to sell 185 UK petrol stations, adding to the portfolios of fast-growing independent forecourt operators.
Royal Dutch Shell’s profit rose strongly in the third quarter as more profitable production and lower exploration costs helped compensate for the sharp fall in the price of oil.
Workers at the company that makes outdoor jackets for the Queen are to begin a four-week strike at its Gateshead warehouse from Monday.
The founder of easyJet has opened a discount food store that is selling everyday groceries for 25p each.
BAE Systems, the maker of the Eurofighter Typhoon and Britain’s nuclear submarines, has named Charles Woodburn as its new chief operating officer, making him the heir apparent to the outgoing chief executive, Ian King.
Asda has reported another quarter of poor trading as like-for-like sales slumped 5.7% in the first three months of 2016.
The Serious Fraud Office has announced that it is conducting a criminal investigation into Unaoil, the Monaco firm that earlier this year was implicated in an international corruption scandal by investigative journalists in Australia.
A self-described “battler” from Sydney has had the cost of his Domino’s Pizza order refunded after 18 months and a successful court battle.
Kent will continue as chairman of Coke's board, the company says.
A British outsourcing company whose contracts include collecting the BBC licence fee is to replace staff with robots as it slashes costs.
There have been five US multinationals caught up in “sweetheart tax deal” inquiries launched by competition officials in Brussels over the last two and a half years: Apple, Amazon, Starbucks, Fiat Chrysler and McDonald’s.