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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

UK port facility sees rise in investment

A key Blyth business has reported another year that saw turnover grow, but operating profits fall.

Economic growth in the north lowest among all UK regions

The north reported the lowest economic growth out of all UK regions at the start of 2019, according to new figures.

Ryanair profits fall by more than a quarter

Shares in Ryanair have taken a battering after the airline unveiled a hit to profits amid turbulence in the aviation industry.

Henley Bartra pays €125m for Irish business parks

Henley Bartra has paid €125 million in an off-market deal for a portfolio of office and data centre assets in Dublin and Cork.

Amazon partners U.K.'s Next for click and collect service

Amazon is launching a delivery option that will let customers retrieve parcels from staffed counters at U.K. and Italian retailers, aiming to take advantage of the popularity of click-and-collect services across Europe.

Next sales surge due to warm weather and online sales

Next sales surged in the past three months as the high street fashion brand was buoyed by warm weather over the Easter period and online sales.

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...