British insurer Prudential PLC (PRU.L) may shift its headquarters from London to Asia to escape new European Union regulations, the Sunday Times reported citing people familiar with the matter.
Paul Finnigan stares out of his window at the smoke from the doomed Redcar steel plant knowing his life will never be the same again.
The World Bank's president is pushing global leaders to increase the institution's capital base, arguing that a slowdown in emerging markets and ambitious UN development goals agreed last month mean the bank needs greater resources.
One of the biggest weeks in Glencore Plc's history will be recorded as one that looked ordinary. The shares ended with a 2.3 per cent loss for the week, a tiny move for the company that's lost $44 billion in market value this year.
China's oil consumption will exceed that of the United States by 2034, according to the US Energy Information Administration. Photo: Bloomberg.