Business Blog

City Link assets sold to rival DX

The administrators of parcel delivery company City Link have sold more than £1m of assets to rival firm DX Group.

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Nikkei sees worst day since March

Japan's stocks led falls across Asia on Tuesday, posting their biggest drop in nearly 10 months, as investors worried about falling oil prices and political turmoil in Greece.

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Saudi's Jabal Omar signs 4 bln riyal loan refinancing for Mecca project.

RIYADH, Jan 6 (Reuters) - Saudi Arabia&aposs Jabal Omar Development Company 4250.SE has secured a 4 billion riyal ($1.07 billion) loan to refinance part of an existing facility it signed in 2012 to fund its real estate project in Mecca, it said on Tuesday.Saudi Arabia&aposs largest listed developer by market value said the new loan from National Commercial Bank 1180.SE , to fund the project&aposs

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Saudi's Jabal Omar signs SAR4bn loan refinancing for Mecca project

Saudi Arabia's Jabal Omar Development Company has secured a 4 billion riyal (USD 1.07 billion) loan to refinance part of an existing facility it signed in 2012 to fund its real estate project in Mecca.

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Rolls-Royce breaks sales record

Rolls-Royce Motor Cars sold a record number of cars last year, breaking through the 4,000 mark for the first time in its 111-year history.

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Rangers reject £18m Sarver approach

Rangers tell Robert Sarver his £18m takeover approach undervalues the club but invite the American to invest.

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