Business news blog


Will smart meters be worth the money?

Will smart energy meters be worth the money?

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China's Anbang and Blackstone in $6.5bn US hotel deal - BBC News


BBC News

China's Anbang and Blackstone in $6.5bn US hotel deal
BBC News
Blackstone is selling Strategic Hotels & Resorts, which owns 16 properties including the Four Seasons resorts in Arizona and Wyoming, just three months after buying the company themselves. The deal marks the biggest US property purchase by a mainland ...

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Bangladesh bank boss quits over fraud

The head of Bangladesh's central bank resigns after cyber-thieves stole more than $100m from the country's foreign currency reserves.

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VIDEO: 'I back Apple in not unlocking iPhone'

Pavel Durov, the founder of the secure messaging app Telegram, says he backs Apple in resisting helping US authorities unlock an iPhone belonging to one of the San Bernardino killers.

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Oil firm cuts 10,000 jobs on price fall

Oilfield service provider Schlumberger reports heavy losses and 10,000 job cuts amid the ongoing slump in the price of crude.

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