Starwood Hotels reconsider Marriott’s revised bid. Starwood Hotels & Resorts is ready for Marriott International’s revised bid at “$79.53 per share or $13.6bn”. The said deal overshadows the “$13.2bn” offer of Chinese consortium led by Anbang Insurance Group.   The shareholders of “$21...

The reports propose two alternate possibilities for the VW’s next course of action regarding its emissions scandal. Volkswagen, the German carmaker, has reported that the company will be raising its provision level for the “emission scandal”, whereby the amount will increase to “€10bn and €20bn...

Sky reports a revenue growth besides growth in other sectors. Following the reports of Sky’s “quarterly interims”, Numis repeated an ‘add’ rating and target price of 1,250p for Sky”.   According to the broadcaster, within a span of nine months which ended in the month of March 2016, its...

Keeping sustainability a main objective Drax is working hard to turn into a “predominantly” biomass user. According to the Chairman of Drax, the “2025 deadline” for ending the “use of coal generation” could be beaten by the “FTSE 250” Power Company. The said statement came prior to the “general...

The chief executive at BP does not have the shareholders’ support in hiking his pay. The shareholders of BP are against the proposal that awards a pay of “£13.8m” to its Chief Executive, Bob Dudley, just following a “year of huge losses”. Moreover, the oil giant is urging the major shareholders to...

The UK authorities have officially confirmed their intention to intervene in the situation surrounding the sale and the possible closure of a number of British metallurgical enterprises owned by the Indian company Tata Steel. Closure of enterprises could entail job loss for thousands of British....

The majority of British workers spend a lot of time at work, yet their productivity growth is either small or non-existent, according to the study, which results were published in British The Guardian. More than two-thirds of the workers said they spend at work more time than two years ago, but...

More than a quarter of the capital, created in the UK over the past 15 years, settled in the wallets of the richest people, who make up only 1% of the population, according to the international organization Oxfam. In its report, the organization particularly stresses that many of the "rich British...

In what is being described as it latest move in its effort to outflank Silicon Valley in the race to develop shareable, autonomous vehicles, US auto giant General Motors Co is buying Cruise Automation, a San Francisco self-driving vehicle startup.   Cruise founder Kyle Vogt told media that...