Business news blog


Fastjet boss leaves after Stelios' call

The boss of Fastjet is stepping down two weeks after the African budget airline's major shareholder Sir Stelios Haji-Ioannou called for his immediate dismissal.

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Brent crude and iron ore prices tumble

Global markets suffered a rout in commodities on Tuesday as Brent crude fell below $40 a barrel and iron ore prices hit a 10-year low.

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This is the latest bond trading startup to win some big-name endorsements - Business Insider


Business Insider

This is the latest bond trading startup to win some big-name endorsements
Business Insider
Electronifie is adding two or three subscribers each week, and within the next four weeks will have signed up three of the top five traditional asset managers in the business, he said. The platform is averaging 40 to 50 institutional sized orders at ...

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Markets climb despite UK, eurozone and US service sectors slowing - live updates - The Guardian


The Guardian

Markets climb despite UK, eurozone and US service sectors slowing - live updates
The Guardian
BP will pay $4.9bn to settle claims from US states relating to the 2010 Gulf of Mexico oil spill, according to court papers seen by Reuters. As a condition of the settlement, the US states involved have agreed not to sue BP. The company said in July it ...

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