Business

Worldpay shares soar after takeover approaches

Worldpay shares soar after takeover approaches

The statement was flushed out by a speculative story early this morning on the website WallStreet Wires which said that "people familiar with the matter" were suggesting that Worldpay had been approached and that advisers had been appointed.


Now Bank of England workers are going on strike

Now Bank of England workers are going on strike

As salary increases for employees will be decided individually by line managers, some staff will receive less than 1 per cent and up to a third will get no pay rise at all in 2017, according to Unite. In May, the Office for National Statistics (ONS) put inflation at 2.6% , the highest it has been in four years. Unite regional officer Mercedes Sanchez said Bank of England governor Mark Carney should "get his own house in order" and stop turning a "blind eye to what is happening on his own ...


South Korea military: North Korea launches ballistic missile

South Korea military: North Korea launches ballistic missile

The test launch of North Korea's first intercontinental ballistic missile , is a potentially game-changing development in what may be the world's most risky nuclear standoff and, if true, is a direct rebuke to Trump's earlier declaration that such a test "won't happen!" Kim was present at the launch and ordered it on Monday, according to North Korea's state-run broadcaster, which aired photos of the test.



Samsung to invest $18 billion in memory chip business

The world's largest memory maker by revenue also said it plans to add another NAND chip line in its Xi'an, China, manufacturing base, without disclosing the investment amount or time frame. Some analysts said additional capacity across the industry could cause slight oversupply in early 2018, but that prices are unlikely to drop because demand is so strong.


Qatar to boost LNG output by 30% amid Gulf rift

Qatar to boost LNG output by 30% amid Gulf rift

Qatar Petroleum announced in April that it will increase its volumes by doubling the size of the new gas project in the North Field's southern area, increasing production here of natural gas, condensate and other products by a million barrels of oil equivalent a day.


Sainsbury's Q1 sales boosted by sunshine

Sainsbury's Q1 sales boosted by sunshine

Total sales growth for the period was 2.7 per cent, excluding fuel and the revenues generated by its pharmacy business, which was sold past year to LloydsPharmacy. Coupe added that its general merchandise and clothing division, including Argos, "outperformed the market" with its Fast Track delivery and collection service enjoying a "stellar performance" during the quarter.