Business Blog

Eurotunnel 'must halt MyFerryLink'

Cross-Channel rail operator Eurotunnel is told to cease operating a ferry service it started two years ago, despite saying 600 jobs may be axed.

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  1030 Hits

BP and Rosneft sign $1.5bn oil deal

The agreement is latest in a string of ‘prepayment’ deals Rosneft has made and a sign that international markets are unfreezing for Russian groups

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  1042 Hits

Bigger fines for nuisance calls

Plans to increase the level of fines levied on firms that make nuisance calls have been given the go-ahead by the government.

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  1012 Hits

Abu Dhabi shop rents nearly quadruple after 5% cap removal

Abu Dhabi's landlords appear to have run amok as they stampede to demand a sharp increase in shop rents, with the rent of some shops nearly quadrupling.

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  903 Hits

"Pearl of Dubai" world's largest underwater tourism site

Reef Worlds, a Los Angeles-based reef developer, is designing the world's largest sustainable underwater tourism site in Dubai, the company announced.

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  956 Hits

House prices show two-pace market

Further evidence of a two-pace housing market has been revealed as data shows prices rocketing in London but rising below inflation in some regions of northern England.

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  935 Hits