Category: Articles

Shares in drugs giant AstraZeneca have fallen following a report that its chief executive, Pascal Soriot, is to leave to company to join Israel-based Teva Pharmaceutical Industries.The report, on the Calcalist financial news website, pushed AstraZeneca’s share

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The owners of Southern rail have been fined £13.4m for poor performance, the Department for Transport has announced. The government said the fine on Govia Thameslink Railway (GTR) would have been higher, but most of the delays had not been Southern’s fault.The

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The maker of Havaianas – perhaps the world’s most famous brand of flip-flops – has been sold for $1.1bn ($850m).The Brazilian label has been highly successful at home and internationally, with about 200 million pairs of the footwear sold every

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The UK’s new system for handling customs checks may not be ready by the time it leaves the EU, the public spending watchdog has warned.The National Audit Office said taxes might not be collected properly, international trade could be hampered and the UK’s

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The law around wills should be updated and brought into the “modern world”, the Law Commission for England and Wales has said.The current rules were “unclear” and could be putting people off from making a will, it added. It is considering

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Irish business leaders have called for a 1bn euro (£890m) EU state aid programme to protect Irish firms in the event of a hard Brexit. The Irish Business and Employers Confederation (Ibec) said that if Britain left the customs union, it would “massively

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Russian engineer Alex Barak has been coaxing oil out of the ground for a long time.Seventeen years ago, he was responsible for work at a particularly troublesome oil field in Kazakhstan.”That oil field, Karazhanbas, was a real dog,” he recalls, explaining

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