A secret London vault, which can store more than $80bn (£57bn) in gold bullion, is being sold by Barclays to China’s ICBC Standard bank for an undisclosed sum.
Morgan Stanley’s commodities-trading unit, based in the firm’s suburban New York campus for more than a decade, is returning to Manhattan.
Tony Blair obtained a “blessing” from Chinese leaders for a company owned by a Saudi prince to do business in China as part of an arrangement that paid the former UK prime minister’s firm £41,000 a month and a 2% commission on any multimillion-pound contracts he helped to secure.
Is Margrethe Vestager, the EU competition commissioner, on a mission to undermine Google?
Opec struggles to speak with a single voice these days, so it was always a wobbly assumption that the cartel of oil producers would be able to agree a deal with non-members, such as Russia, to curb output.
The world’s biggest oil producers will huddle in Doha on Sunday in a rare off-scheduled meeting where discussion about what they can do to staunch the continued global surplus of crude oil that’s weighed on prices for nearly two years.
Banks, miners, energy groups and building materials specialists are among companies in shareholders’ sights as discontent mounts over exorbitant pay deals for boardroom bosses.
BP’s board didn’t see it coming.