Business

Image copyright AFP Image caption Consumers may not see an immediate increase in the price of fuel Saudi Arabia’s state-owned company Aramco is the world’s biggest oil producer, generating 10% of the world’s oil, but it is also one of the world’s most profitable businesses. For a drone attack to have knocked half of its […]

Image copyright Getty Images Thomas Cook has said it is “focused on completing” a rescue deal amid reports that some lenders could vote against the terms of the agreement. The troubled travel firm is understood to be in last minute negotiations with bondholders to approve a takeover by Chinese firm Fosun Tourism. The deal needs

Media playback is unsupported on your device Media captionAbqaiq is the site of Aramco’s largest oil processing plant US Secretary of State Mike Pompeo has blamed Iran for Saturday’s drone attacks on Saudi oil facilities. He dismissed a claim by Yemen’s Iran-backed Houthi rebels that they had attacked the two facilities, run by state-owned company

Image copyright Nasdaq Image caption Orthodontics company SmileDirectClub is valued at about $8bn In the age of the selfie, smiles are paramount. Now American company SmileDirectClub has set out to profit. SmileDirectClub sells mail-order teeth aligners – a type of clear, plastic braces that the firm has turned into an $8bn (£6.5bn) business. The company,

It didn’t take Nathan J. Robinson long to realize that Kickstarter’s resistance to a staff union posed a major problem for his young publication. Robinson is the editor of Current Affairs, a lefty politics-and-arts magazine that launched in 2015 after a successful Kickstarter campaign brought in $16,000. Although most of the magazine’s revenue now comes

Media playback is unsupported on your device Media captionAbqaiq is the site of Aramco’s largest oil processing plant Saudi Arabia’s oil production has been severely disrupted by drone attacks on two major oil facilities run by state-owned company Aramco, reports say. Sources quoted by Reuters and WSJ said the strikes had reduced production by five

Media playback is unsupported on your device Media captionAbqaiq is the site of Aramco’s largest oil processing plant Drone attacks have set alight two major oil facilities run by the state-owned company Aramco in Saudi Arabia, state media say. Footage showed a huge blaze at Abqaiq, site of Aramco’s largest oil processing plant, while a

Image copyright Chivas Brothers Image caption Chivas Brothers produces Glenlivet whisky Whisky distiller Chivas Brothers has opened a new Scottish headquarters in Glasgow as part of a £500m investment. The French-owned company is extending its bottling plant in Dumbarton, ahead of closing one in Paisley. The new plant is designed for a million bottles per

Image copyright Dave Edwards Image caption Dave Edwards holds his young son Dave Edwards says his son was born screaming and didn’t stop for 12 months. It was a tough introduction to parenting for the 33-year-old who spent those early days at home on paternity leave. Severely sleep deprived, he returned to his job in

Image caption Coventry will get £2m to restore buildings that survived World War Two Historic English shopping centres will benefit from a £95m regeneration fund, the government has said. In all, 69 towns and cities will receive money, with projects aimed at turning disused buildings into shops, houses and community centres. The largest share of