Warren Buffett's Berkshire Hathaway Inc on Friday confirmed that its first-quarter profit rose 8 percent, while operating results fell short of analyst forecasts as falling oil prices and coal demand hurt its BNSF railroad unit.
He was known as the relentless empire builder of the British rag trade, but as Sir Philip Green prepared for his second assault on the boardroom of the country's biggest clothing chain 12 years ago, he told reporters his path was blocked.
NEW YORK BP PLC (BP.L) said on Friday it would not be able to deliver on some contracts for Canadian crude due to a wildfire that has cut Canada's oil sands output in half and snarled supply lines.
New car sales recorded their best April performance for 13 years last month, according to industry figures. The Society of Motor Manufacturers and Traders (SMMT) reported a 2% rise in sales compared to April last year, with 189,505 vehicles leaving ...
Weak oil markets and an early Easter have dragged on first-quarter trading at InterContinental Hotels Group (IHG), although the company said today it was adding new rooms at the fastest rate since the financial crash.