Anheuser-Busch InBev is planning to sell the Peroni and Grolsch brands it would gain from its acquisition of SABMiller to head off European regulatory concerns over the 71 billion pounds ($107 billion) brewery merger, the Financial Times said on Sunday.
SHANGHAI/NEW YORK When the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod.
Nissan will begin making its luxury Infiniti cars in Sunderland this week as part of a �250m investment in the factory, a landmark move that heralds a massive triumph for British industry.
High-speed rail is to be plugged in to the existing railway network across the North and Midlands under plans to build two big “hub” stations at Leeds and Crewe to be announced on Monday.
Close to 350 industrial jobs have been saved after the collapse of Lord Paul's Caparo steel empire. The Gupta family has agreed to buy Caparo Tubular Solutions, a West Midlands-based division of Caparo Industries, which fell into administration last month.