LONDON (Reuters) – Hungarian energy firm MOL (MOLB.BU) is in talks to acquire Chevron’s (CVX.N) stake in a giant oilfield in Azerbaijan for more than $2 billion, according to three banking and industry sources involved in the process. Both Chevron and its larger U.S. rival Exxon Mobil (XOM.N) are seeking to sell their stakes in […]
(Reuters) – Wall Street rose for the first time in three sessions on Wednesday with technology stocks providing a boost, as a report that China was open to a partial trade deal soothed investor nerves ahead of high-level talks on Thursday. Shares in Microsoft Corp (MSFT.O) and Apple Inc (AAPL.O) rose more than 1% and […]
The owner of one of the country's biggest independent travel agents has saved 550 Thomas Cook stores from closure today – protecting hundreds jobs, just weeks after the travel agent crashed into liquidation. Hays Travel founder John Hays and wife Irene have been hailed heroes of the high street, saving hundreds of branches, which would […]
(Reuters) – AT&T Inc (T.N) said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd (LILA.O) for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile. The deal comes as the company faces calls from activist investor Elliott […]
Caroline O'Doherty: 'Climate's place in 'green Budget' feels more like a cameo than a starring role'
IN HIS Budget speech, Paschal Donohoe declared climate change the “defining challenge of our generation”. Climate Action Minister Richard Bruton proclaimed it “the first budget where climate is central”. Please log in or register with Independent.ie for free access to this article. Log In New to Independent.ie? Create an account But when the measures are […]
British jewellery brand Links of London has crashed into administration in another blow for the high street. The chain, founded in 1990 by John Ayton and Annoushka Ducas, collapsed on Wednesday, placing at least 350 jobs on the line. The retailer has appointed Deloitte as administrators in an attempt to secure a rescue sale, while […]
In 2013 an incredibly lucky UK ticketholder won £63.9million on EuroMillions but they never saw a penny of it. How did they lose it all? They didn't manage to put in a valid claim in time to collect, and the cash was passed straight to the Good Causes fund instead. So, in the wake of […]
Liberty Insurance is to create up to 120 jobs in Cavan over the next three years. The group has established a new motor insurance claims servicing function in Cavan to help support Liberty Mutual’s global business. This operation will handle a portion of appraisal work for motor insurance from the United States, in a bit […]
Family-owned Brogans Bakery has agreed a partnership with Ryanair to sell its Kerrygold Irish Butter Shortbread range on the airline’s flights. Founded in 1967 by Liam and Patricia Brogan, today the business employs almost 40 people. Please log in or register with Independent.ie for free access to this article. Log In New to Independent.ie? Create […]
DENVER (Reuters) – Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts amid global economic risks, and said the time to allow the Fed’s asset holdings to begin to expand again “is now upon us” in order to ensure money markets function smoothly. Recent volatility in U.S. short-term funding markets raised […]