Spain approves Saudi Arabia’s stakebuilding in Telefónica
The Spanish government has granted approval for Saudi Arabia’s STC Group to buy almost 10 per cent of Telefónica and appoint ...
How tariffs will disrupt the drinks trade
For some, the impact would be hard to swallow. Imposing a 25 per cent tariff on US imports from Canada and Mexico and 10 per cent on those from the EU and UK would cut earnings per share for Pernod, ...
Direct Line is playing hardball with Aviva bid
Direct Line is probably betting that, given the juicy savings on offer, it can squeeze Aviva for a little more before it lets it into the tent. Its shareholders, who bid up the stock by more than 40 ...