3i Infrastructure gets green light to acquire SRL Traffic Systems in £191m deal December 6, 2021 3i Infrastructure will acquire a controlling stake in equipment rental company SRL Traffic Systems for £191m.
RAC accuses petrol retailers of taking ‘drivers for a ride’ as prices rise despite plummeting wholesale costs December 3, 2021 RAC slammed petrol retailers today for raising prices in November despite plummeting wholesale costs on both major oil benchmarks.
OPEC+ maintains output rises despite fears of reduced oil demand December 2, 2021 OPEC and its allies including Russia (OPEC+) are sticking to monthly oil output increases, despite fears of reduced demand following the new Omicron variant.
BHP’s board approves plans to leave FTSE 100 and scrap dual-listed share structure December 2, 2021 BHP Group’s board has approved proposals to scrap its dual-listed share structure, and leave the FTSE 100 ahead of a shareholder vote next month.
Shell sells oil shares from the sea floor: Oil giant begins $7bn buyback scheme December 2, 2021 Royal Dutch Shell (Shell) is returning cash to shareholders following the sale of its US Permian assets to ConocoPhillips in September for $9.5bn.
Fujifilm turns Teeside facility into biopharmaceutical hub with £400m investment December 2, 2021 Fujifilm is expanding its Teeside facility, focusing on cell culture, viral and gene therapy facilities, and cutting-edge biopharma manufacturing.
Stellantis sounds the alarm for job cuts and lower quality vehicles following electric transition December 1, 2021 Volkswagen is looking to strike new partnerships to boost electric vehicle capacity in a market defined by volatility amid pandemic turbulence.
SSE’s distribution company commits £4bn to boost infrastructure amid net zero push December 1, 2021 Scottish and Southern Electricity Networks (SSEN) Distribution will invest around £4bn over a five-year period across its network.
Ofgem offers suppliers pathway to recouping costs after taking on new customers December 1, 2021 Energy firms that rescued stranded customers from fallen suppliers since September can now submit claims for incurred costs.
UK headed for fastest growth this year despite inflationary pressures December 1, 2021 The OECD says the UK is set to enjoy the fastest growth in the G7 this year despite increasing inflationary pressures and supply shortages.