A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009. Credit: Reuters/Stephen Hird.
An employee of the Industrial and Commercial Bank of China Ltd (ICBC) talks to a customer at one of the bank's branch at the Shanghai Free Trade Zone in Pudong district, in Shanghai September 24, 2014.
Frenzied cost-cutting among UK supermarkets has spurred a sharp rise in insolvency among food producers. The number of companies in the food production sector entering insolvency rose by 28pc to 146 in the 12 months to the end of September, according ...
Petrofac has warned investors that a �difficult period� compounded by the lower oil price environment is likely to reduce its net profits to $500m next year, nearly 10 per cent lower than previously guided.
Oil and gas group Ophir Energy said on Monday it had reached agreement with its Asia-focused rival on Friday's offer of 0.5719 of its own shares for each Salamander Energy share.