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Shipbrokers in merger talks after 30% plunge in oil price

Plunging oil prices have triggered merger talks among London’s shipping and offshore brokers, with key companies including Clarkson, Icap and Howe Robinson all in discussions. With shipping in the doldrums, brokers have been relying over the last couple of years on the offshore oil industry to boost profits but a 30% plunge in the crude price has caused panic.

Uber taxi app launces in Leeds

Controversial car hire service Uber has launched in Leeds, allowing residents of Yorkshire's biggest city to book and pay for cab rides directly through the Uber app.

Commuters make 12 million 'contactless' journeys in two months

Twelve million “contactless” journeys have been made on bus and Tube since paying by bank card was extended to the Underground two months ago.

Saturday, 15 November 2014

BBC News

  • Airbus profits up amid A400M woesAirbus reports a rise in profits for the first nine months of the year, but warns of potential problems from its A400M military plane.
  • Virgin America shares surge on debutShares in Richard Branson's Virgin America airline surge more than 30% in their first day of trading on the Nasdaq stock exchange in New York.

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