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Oil

Two Pemex partners to invest a combined $250 million in two projects.....

Two private partners of Mexico’s state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output, according to...

Energy

Ovo Energy profits down by two-thirds

One of the largest challengers to the Big Six energy giants has revealed a two-thirds slump in...

Share of renewable energy generation touches...

Despite increased demand of electricity caused by the “Beast from the East” cold snap,...

BHGE’s to invest £31 million in north-east...

A £31 million investment in a north-east manufacturing base will boost the region’s subsea...

Business

Investment fund acquires Northamptonshire industrial park...

JR Capital and Chancerygate’s joint £100m multi-let industrial sector investment fund has acquired Wollaston Industrial Park near Wellingborough, Northamptonshire, its second acquisition in two months.

BCC survey shows potential consequences of ‘no-deal’...

The British Chambers of Commerce (BCC) has published new research demonstrating some of the potential real-world consequences of the UK leaving the EU without a deal on the 31 October.

Two property companies merge to create regional leader

Two local property companies have teamed to create the region’s biggest independent commercial property firm.

Investec to provide £64m loan for student accommodation

Investec Structured Property Finance will provide CA Ventures with a £64m senior loan to fund the development of 888 purpose-built student accommodation (PBSA) beds in the university cities of Glasgow, Edinburgh and Sheffield.

Scottish flooring supplier expands into England

Scottish flooring supplier The Wooden Floor Store has opened two new showrooms south of the border to take its empire of shops to nine.

UK economy nearing its first recession since the financial.....

The British economy could be about to enter its first recession since the financial crisis, as economists warn that business confidence has all but disappeared in the face of a disorderly Brexit.

Wine

Symington announces investment in new table wine winery

Symington has announced €5m investment in new table wine winery in Douro. The pre-eminent port producer will spend €4 to €5 million on a new winemaking facility at Quinta do Ataíde in the...