Business

Image copyright Reuters Saudi Aramco’s stock rose sharply as the world’s biggest share sale got underway in Riyadh, rising 10% above the initial public offering price. Last week the oil giant, which produces more than a tenth of global crude supply, raised $25.6bn (£19.5bn). Saudi Arabia’s royal family is privatising assets as part of a […]

Image copyright Harbour Air & magniX An all-electric powered seaplane has taken flight in Vancouver, Canada, in what the operators describe as a “world first” for the aviation industry. The short test flight by Harbour Air and magniX involved a six-passenger aircraft fitted with an electric motor. The companies said it was a first step

Image copyright Nomura Image caption Jordan Rochester’s prediction on the EU referendum led him to be dubbed “Mr Brexit” On the day of the election, Jordan Rochester will start work at 06:30 GMT and won’t leave his desk until 09:00 on Friday – more than 24 hours later. Mr Rochester is a foreign exchange currency

Image copyright Bell Ingram Image caption The 16-bedroom Glenborrodale Castle is on the list of five More than a quarter of those clicking on property websites have no intention to buy. No wonder they end up looking the most striking homes on the market. A castle, a multi-million pound penthouse, and an audacious mirrored bedroom

Image copyright Getty Images In the UK and US, political parties are promising spending splurges to appease voters after a decade of squeezes. Whether it’s more nurses, frozen tax promises, free broadband internet or more social housing in the UK; or tax cuts and green energy investments in America, public spending is set to surge.

Image copyright Getty Images Director General of the World Trade Organisation Roberto Azevedo says it will take “a few months” to fix its main body for settling trade disputes. It has ground to a halt because the US has blocked the appointment of new judges. A minimum of three are needed and today there is

Image copyright Getty Images Lord Maurice Saatchi has quit the advertising agency he co-founded in 1995 along with three other directors in the wake of an accounting scandal. M&C Saatchi shares have collapsed this year from a high of about £4 each to 103 pence after profit warnings. The company also revealed a £11.6m hole

Image copyright Getty Images Image caption Exxon was accused of misleading investors about the potential cost of financial regulation Exxon Mobil has won a court battle in New York in which it was accused of misleading investors about the costs of addressing climate change. The state had argued that oil giant used two figures to

Image copyright AFP/Getty Democrats in Congress have reached a deal with the White House to approve a new North American trade pact. House Speaker Nancy Pelosi said the new agreement would have tougher labour and environmental rules. She declared it “infinitely better” than the deal the White House reached with Mexico and Canada last year.

Image copyright McDonald’s McDonald’s is to join a growing list of fast food restaurants selling fully vegan meals in the UK. McDonald’s said its Veggie Dippers meal – including vegan fritters served with chips and a soft drink – will launch in the UK on 2 January. It follows the likes of KFC and Greggs