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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

Bitfury launches bitcoin mining fund

Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion (£773.16 million), on Wednesday announced the launch of a regulated bitcoin mining fund.

Tesla investigates video of its Electric Vehicle exploding

Tesla has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving the company’s cars.

British shopping centres, DIY stores struggle on Easter

British shopping centres, DIY stores and garden centres struggled over the bank holiday weekend as shoppers stayed away.

UK retail sales show surprise jump

British shops have benefited from a milder March in comparison with last year's "Beast from the East", according to new figures.

UK business confidence plummets

British businesses are the most gloomy they have been about Brexit since the 2016 referendum, with eight out of 10 finance leaders expecting the long-term business environment to be worse as a result of the UK leaving the EU.

Uber reveals $8bn loss as it files for tech float

Uber continues to lose billions of dollars despite its significant growth to 91 million users and expansion into new businesses, the taxi app has revealed as it filed to go public in New York.

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...