Stock markets have retreated again over worries of further US interest rate rises after the Federal Reserve defied Donald Trump to increase rates for the fourth time this year.

The EU has confirmed it is “actively investigating” a potential breach of its diplomatic communications network, following reports that secret cables had been stolen by hackers.

The Bank of England has welcomed a “crucial and positive” move by the EU to help keep a key part of the financial system functioning in the event of a “no-deal” Brexit.

A handful of banks will be forced to write multimillion pound cheques to buy shares in the construction giant Kier Group after some of its biggest investors snubbed the chance to take part in a £250m fundraising.

GlaxoSmithKline (GSK) is to merge its consumer healthcare unit with that of rival Pfizer, to create a new market leader with almost £10bn in annual sales.

 

Santander has been fined more than £30m for “serious failings” in processing the accounts of dead customers, the Financial Conduct Authority (FCA) says.

Energy, Oil and Gas

Empowering the industries that empower the world—and help them take innovative steps towards maximising efficiency and allocating resources responsibly on the way to their goals.

The Global Business Outlook Energy, Oil and Gas Award is aims to recognise the vast accomplishments in the energy sector across the globe — ones that develop innovative solutions that power some of the most important industries in the globe, which act as engines for modern, day-to-day existence for humankind—while delivering the all-important ethos of efficiency, responsibility, care and more importantly –renewability in order to help maintain the planet and secure it for future generations.

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