The founder of easyJet has opened a discount food store that is selling everyday groceries for 25p each.
BP is to cut another 3,000 jobs after reporting a loss of $6.5bn, its worst annual loss in at least 20 years. The latest job cuts are in addition to the 4,000 job cuts already announced.
BNP Paribas plans to simplify the legal structure of its wealth management operations within the group in some of its branches in France and Asia, according to a statement by the FO banking trade union.
Citigroup named Elissar Farah Antonios as CEO officer for the United Arab Emirates as the bank seeks to expand in the Persian Gulf region.
Swiss investment bank UBS reported net profit for 2015 ahead of analyst expectations, but warned of continued headwinds.
Nomura Holdings’ third-quarter profit fell 49% as brokerage commissions and investment-banking fees slumped and the firm posted another loss abroad.
Consumer confidence in the UK has dropped for the first time since 2013, according to survey figures published this morning.
Rolls-Royce has won a significant boost after budget airline Norwegian agreed a $2.7bn (£1.9bn) deal to buy engines from the beleaguered company.
BP has appointed Lamar McKay to the new post of deputy group chief executive in a shake-up of the oil giant’s top team.
Private bank Julius Baer is considering whether to bid for Barclays' Asian private wealth business as part of the group's acquisition campaign, Chief Executive Boris Collardi told Reuters on Monday.
JPMorgan Chase has been granted a business licence to operate a fully-owned fund management business in China, a Chinese regulatory notice showed, as the world's second-largest economy moves to further open its financial markets to foreigners.
Ireland may have to revise its annual GDP figures for the past decade following the European commission’s ruling that the majority of Apple’s overseas profits should have been taxable in the Republic.
Police investigating the death of banker Oliver Dearlove have arrested a man on suspicion of murder.