Sky News - BUSINESS

 

Insurance giant Zurich to offload students’ favourite Endsleigh



News October 19, 2017


Sky News has learnt that Zurich has hired investment bankers at Evercore to explore a sale of Endsleigh, which is best-known for its sponsorship of the English Football League during the 1990s.Sources said on Thursday that the pro...

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BP chairman Carl-Henric Svanberg to step down next year



News October 19, 2017


In an announcement to the stock market, the FTSE 100 firm said he would remain in post until a successor was appointed.Mr Svanberg took up the position just four months before the Gulf of Mexico disaster in April 2010.It dominated...

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30 years on: how Black Monday stunned markets - and could it happen again?



News October 19, 2017


There have been plenty of grim times for markets since, such as the three years during which the FTSE 100 fell after the dot-com bubble burst, or the precipitous fall between late 2007 and early 2009 as the global financial crisis...

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China posts robust economic growth in third quarter



News October 19, 2017


The world's second largest economy expanded by 6.8% compared to the same period last year - down slightly on the previous quarter's 6.9% but still seen as strong.It looks on track to beat the Government's target of 6.5% for the ye...

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Barclay twins to land £200m windfall from Shop Direct deal



News October 19, 2017


Sky News has learnt that Sir David Barclay and his twin brother Sir Frederick will receive the payout from the launch of a £700m bond issue at Shop Direct - owner of the Littlewoods and Very.co.uk brands.Bankers from Barclays, HS...

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