Sky News - BUSINESS

 

Four Seasons creditor ditches board demand in frantic deal talks



News December 11, 2017


Sky News has learnt that H/2 Capital Partners removed the requirement from its negotiating position after directors of Four Seasons Healthcare Group indicated that they could not agree to it.The decision by H/2 - confirmed by a so...

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Major oil and gas pipeline to be shut down to fix crack



News December 11, 2017


Oil prices climbed on the announcement, with Brent crude up 2% to just under $65 a barrel - a fresh two and a half year high.Ineos, which operates the Forties network, said a small hairline crack in the pipe was found last week du...

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Oil prices climb as major pipeline shuts for repair to crack



News December 11, 2017


Brent crude - which had already been trading around its strongest levels since summer 2015 - surged by 2% to just under $65 a barrel.The rise came after it was announced that the Forties pipeline, which carries 40% of North Sea oi...

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SFO spared the chop under economic crime centre plan



News December 11, 2017


The news confirms a significant shift in policy from the Prime Minister.During her record-breaking stint as Home Secretary, Theresa May made two attempts to have the SFO abolished and for the agency's work to be absorbed by the Na...

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HSBC draws a line under money laundering scandal



News December 11, 2017


The bank said the deferred prosecution agreement (DPA) entered into with the Department of Justice (DoJ) had expired - lifting the threat of further penalties.Shares in HSBC, which is Europe's biggest bank, rose 2.5%.Under the DPA...

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