Category : BUSINESS

BUSINESS / Business News - 8 hours ago

Forbes: Low interest rates no longer justified

A departing rate-setter at the Bank of England has warned that record-low interest rates are no longer justified. Kristin Forbes made her final speech as an external member of the Monetary Policy Committee on Thursday evening and questioned the need...

BUSINESS / Business News - 9 hours ago

New GSK chief Walmsley eyes MaxiMuscle sale

The new chief executive of GlaxoSmithKline (GSK) is kicking off her tenure with a move to offload the division which owns Maximuscle, a nutritional products brand favoured by elite athletes. Sky News has learnt that Emma Walmsley, who replaced Sir A...

BUSINESS / Business News - 13 hours ago

Qatar Airways eyes 10% of American Airlines

Qatar Airways is attempting to buy a 10% stake in American Airlines, according to a securities filing. American Airlines said that the state-owned Qatari carrier had disclosed that it planned to buy at least $808m (£638m) in shares. The US airline s...

BUSINESS / Business News - 16 hours ago

McDelivery launches amid industry pressure

McDonald's has launched a trial of home delivery as it comes under increasing pressure from other food delivery services. The fast food chain is offering McDelivery through UberEats, with orders available from 22 locations across London and another...