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Oil giant BP sets net-zero target by 2050

The new boss of BP has promised to fundamentally “reinvent” the oil giant as he pledged the company would become carbon neutral by the...

UK economy stagnates in British election months

The UK economy flatlined in the last three months of the financial year in line with expectations, as the country went to the polls,...

Scotch whisky exports at record high despite ‘stark’ impact of US tariffs

Scotch whisky exports are worth more than ever, new figures reveal, despite US tariffs “hitting producers hard”. The value of whisky exported from Scotland grew...

Mobile bank N26 to close UK accounts in April because of Brexit

Challenger bank N26 is to shut its UK accounts from April 15 in light of the Brexit process, it has announced. The Berlin-headquartered mobile bank...

Certification flights for grounded Boeing 737 Max likely ‘in a few weeks’

The boss of the US aviation regulator said there is “no timescale” for the return of Boeing’s 737 Max jets to service, but added...

Mike Ashley goes shopping with £19m stake in luxury handbag maker Mulberry

Mike Ashley’s Frasers Group has bought a 12.5% stake in luxury British handbag maker Mulberry, the company has revealed. Frasers – previously known as Sports...

Jeff Bezos sued by girlfriend’s brother for defamation

The brother of Jeff Bezos’s girlfriend is suing him for defamation, claiming the Amazon founder and his team falsely told reporters that he provided...

Apple closes all shops in China amid coronavirus outbreak

Apple is temporarily closing its 42 shops in mainland China, one of its largest markets, amid the rapid spread of coronavirus. The iPhone maker said...

Microsoft ploughs ahead in cloud business growth

Microsoft has reported another solid quarterly report card to Wall Street, as it ploughs ahead in selling its cloud computing services to big businesses...

EasyJet partner takes ‘crucial step’ developing engine for electric plane

A US firm collaborating with easyJet to manufacture an electric airliner has started engine development for a 186-seater plane. Wright Electric hopes to begin test...

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