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Devastating fire in Paris

Billionaires pledge support to help rebuild Notre Dame

Notre Dame on fire
The sight of the cathedral on fire sent shockwaves around the world French billionaires Bernard Arnault and Francois-Henri Pinault today made substantial pledges of support towards the reconstruction on Notre-DameRead More

US Masters

Nike enjoys $22.5m pay day from Woods’ comeback

Tiger Wood celebrates
The moment of victory: Tiger Woods celebrates a remarkable comeback   Tiger Woods completed a fairy tale comeback by securing his fifth green jacket in a thrilling final round atRead More

Judge says greed was key motive

Ex-Barclays bankers jailed for rigging interest rates

Bank rates were rigged in the run-up to the crash   Two former bankers at Barclays have been jailed for their part in manipulating a global interest rate system atRead More

Move prompted by Brexit

Court backs switch of Standard Life assets to Dublin

Standard Life
Assets on the move from Edinburgh   Standard Life Assurance has transferred almost £17 billion (€19bn) of assets to its Dublin office to ensure continuity of service for European customersRead More

As German banks consider tie-up

Florida-based FIS in £32.5bn acquisition of Worldpay

worldpay
Two giant deals are in the offing in the financial services sector, with Worldpay being acquired by FIS in a $43 billion (£32.5bn) deal, while Germany’s Commerzbank and Deutsche BankRead More

Scottish flights hit by decision

US joins ban on Boeing 737s following Ethiopia crash

Boeing Max 8 (Boeing)
China recently took delivery of the 737 Max 8   Boeing grounded its entire fleet of 737 Max aircraft after investigators uncovered new evidence at the scene of the EthiopianRead More

Project Heather on track

Scottish Stock Exchange close to accepting first firms

Tomas Carruthers
Tomas Carruthers, presenting Project Heather to delegates (pic: Terry Murden)   A new Scottish Stock Exchange is scheduled to go live by the end of the year, with a headRead More

US firm heads for Q1 loss

Musk launches cheaper Tesla but plans to close stores

Tesla store in Edinburgh
Tesla has a store in Multrees Walk, Edinburgh (pic: Terry Murden)   Tesla is launching a long-awaited cheaper model but expects to make a further loss and will be closingRead More

Pumps business sold

Weir offloads Flow Control to First Reserve for £275m

Jon Stanton
Weir Group is selling its Flow Control division to First Reserve, a global private equity investment firm focused exclusively on energy, in a £275m cash deal.  Flow Control primarily providesRead More

'Positive trade talks'

Markets rise as Trump delays tariffs on Chinese goods

Donald Trump
Markets rose on the back of President Donald Trump’s announcement that the US will postpone planned trade tariffs on Chinese goods as talks. Import duties on Chinese goods were dueRead More