Balfour Beatty has rejected a sweetened �2bn merger proposals from Carillion. The UK's biggest construction company said it had considered Carillion's third offer of a bigger slice of the combined company, and after consulting with major shareholders, ...
GOLDMAN Sachs and Libya's sovereign wealth fund are set to meet in a London court over claims the Wall Street bank exploited a position of trust by encouraging the fund to invest more than $1 billion (R10.6bn) in trades that ended up worthless.
Glencore Plc, the global commodity trader and metals producer run by billionaire Ivan Glasenberg, said first-half profit gained 8 percent after acquisitions boosted production of coal and copper.
Construction of larger apartment buildings has hit a 25-year high in response to a steady rise in rents. By. RexNutting. Asst. commentary editor.
Losses at Edinburgh-based Cairn Energy narrowed substantially to $62 million in the first half of the year. The figure compares to a $219m reverse in the same period last year and comes after the firm suffered a full-year reverse of $556m for 2013.