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Wood Group set to buy rival PSN

Two Aberdeen-based oil services firms are to join forces in a deal creating a business with 22,000 staff and revenues of around £2 billion...

China restraint pushes FTSE higher

Relief that China refrained from raising interest rates has pushed the FTSE 100 Index to its highest level for a month as miners surged...

Berlusconi makes plea ahead of vote

Italian Premier Silvio Berlusconi has pleaded with MPs for his political life on the eve of crucial confidence votes.He urged them to support him,...

Sweden bomber sent warning message

The Stockholm suicide bomber recorded a shocking audio message in which he warned "our actions will speak for themselves".Speaking with an English accent, the...

Rail fare rises 'daylight robbery'

A rail firm has been accused of "daylight robbery" after a union said it had discovered some of its fares were going up by...

Figures show rise in input prices

Manufacturers faced mounting cost pressures last month after figures showed a higher-than-expected leap in input prices.The Office for National Statistics (ONS) said input costs...

Weir to admit breaking UN sanctions

Engineering group Weir is to plead guilty to breaking United Nations sanctions after it admitted giving kickbacks to Saddam Hussein's regime.Glasgow-based Weir, which makes...

£20m push to get the mail through

Royal Mail is spending £20 million on extra measures to handle the severe weather as it deals with the busiest posting day of the...

Man held after child hostages freed

Police have detained a 17-year-old who took a class full of pre-schoolers hostage and all the children have been released safely, a city official...

Tim Cobbold is De La Rue's new boss

Banknote printer De La Rue will have a new chief executive from next month as it looks to recover from one of the toughest...

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