OPEC+ agrees to extend deep oil production cuts into 2025 June 2, 2024 OPEC+ agreed a deal on Sunday that to extend a critical portion of its oil supply cuts well into 2025. It has been cutting oil supply since late 2022.
Arm chief nets £55m after blockbuster New York float June 2, 2024 The boss of Arm netted £55m last year after floating the British chipmaker on New York’s Nasdaq stock exchange, according to reports.
Labour wants to cut migration but won’t give specific target, Yvette Cooper says June 2, 2024 Labour has refused to set specific targets on how it wants to reduce net migration to the UK should it win the general election.
Eurostar won’t have a rival for at least four years – and Brexit is to blame June 2, 2024 Eurostar will keep its monopoly on the Channel Tunnel for at least the next four years due to Brexit-related red tape.
Royal Mail bidder Daniel Kretinsky: We’ll deliver a turnaround or ‘go home’ June 2, 2024 Daniel Kretinsky, dubbed the Czech Sphinx, has dominated City chatter over the past few weeks after tabling a £3.6bn takeover deal for Royal Mail.
Election 2024: Jeremy Hunt admits he may lose seat in ‘Blue Wall’ clash with Lib Dems June 2, 2024 Jeremy Hunt has admitted he may lose his seat at the election, telling his children that the prospect was “nothing to worry about - that’s democracy”.
European Central Bank set to cut interest rates despite inflation worries June 2, 2024 The European Central Bank is all but certain to be the first major central bank to cut interest rates this week as it shrugs off a rise in inflation and takes a different path in monetary policy from the UK and US.
Tourist tax puts us at a competitive disadvantage, says Gatwick boss June 2, 2024 The UK's tourist tax is putting Gatwick at a "competitive disadvantage" to rival European hubs, according to its chief executive.
‘We are done’: Vodafone chief rules out more big deals after offloading Spanish and Italian arms June 2, 2024 The chief executive of Vodafone has ruled out any more major deals as part of her strategy to simplify the sprawling telecoms giant and improve shareholder returns.
British Gas: Centrica faces shareholder revolt over £8.2m CEO pay packet June 2, 2024 The owner of British Gas will face down shareholders on Wednesday over its chief executive's £8.2m pay packet.
