Holiday Inn's owner sees recovery in bookings
IHG said revenues per available room, the industry's preferred measure, was up 66% in the three months to the end of September.
MARKET REPORT: Stock Exchange shares tumble into red
The exchange operator's income in the fourth quarter of this year was 'not expected to grow as fast' as the third quarter.
Renault cutting car production due to chip shortage
Clotilde Delbos said planning for chip deliveries was 'still very poor because the information coming from suppliers is very unreliable'.
Ministers urged to set up inquiry into private equity
In a debate in the House of Lords, peers called for regulation of the industry and an end to so-called 'carried interest'.
SMALL CAP MOVERS: Arena Events succumbs to cash offer
Arena Events Group, a turnkey events solution provider, was taken out this week in an agreed 21p a share cash offer.
BUSINESS LIVE: Retail sales fall; Sainsbury's dumps bank sale plans;
UK retail sales dropped by 0.2 per cent in September, adding to signs of weakness in the recovery and bucking economists' expectations of growth.
Sainsbury's opts not to offload its banking division
The supermarket giant had been in advanced talks back in August to sell the division for £200million to American private equity firm Centerbridge...
JD Sports acquires Greek retailer Cosmos expanding its European presence
The highly profitable high street sportswear retailer told investors on Friday it had reached a deal on Thursday to acquire the shares from EOS...
London Stock Exchange shares dip on Q4 growth warning
It expects total income to grow between 4 and 5 per cent for 2021 but LSE said fourth-quarter income is 'not expected to grow as fast' as the...
Elon Musk is £3bn richer as Tesla shares race to new high
The electric car maker climbed 2.8% giving it a market cap of around £640bn. It added £3bn to the wealth of boss Elon Musk.
Savers turn to investing in bid to protect savings from inflation
Investment platform AJ Bell and wealth manager St James's Place said they have taken in huge sums of money over the past year.
Evergrande shares dive as trading resumes following 17-day suspension
Shares in Evergrande resumed trading yesterday falling 12.5%. The latest decline means they have crashed nearly 82% so far this year.