Biznes

Oil giant BP has more than doubled its 2022 profit to nearly $28 billion, the British company announced today. This is the best result in the company's 114-year history.more

Agreements for the purchase of the bankrupt Frankfurt-Hahn airport in the German state of Rhineland-Palatinate have been signed independently by two entities - a German company and the holding company of Russian oligarch Viktor Kharitonin, which has already paid €20 million toward the deal. Today, the company's creditors are expected to decide which of the deals will be implemented, the Bild newspmore

The City is defying predictions of a post Brexit jobs cull with last year seeing a record-breaking year for financial services jobs in England and Wales.more

Rising paint prices and higher energy costs were among the reasons for a leap in the cost of motor insurance late last year, a trade body has said. more

An abandoned airport just outside London could soon reopen to passenger flights. Manston Airport in Kent was closed back in 2014 after reporting huge losses but could reopen and offer cheap flights to holiday hotspots under new plans. more

The UK has slumped to its lowest-ever score in Transparency International’s global Corruption Perceptions Index (CPI).more

Within weeks, the British government will hand over £2.3 billion raised from the sale of Chelsea London football club by Russian oligarch Roman Abramovich to a foundation working for Ukraine, but it still has to get approval from the European Union, the 'Daily Telegraph' reported.more

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double last year's total and the highest in its 115-year history.more

A major shake up at Tesco stores will see all food counters and hot delis close. Many have shut already as bosses make ‘difficult decisions’ for the business. more

Multinationals boosted Ireland’s economy in Q4 2022, with faster growth in the sector than in the two previous quarters, estimates from the Central Statistics Office (CSO) showed.more

In 2022, foreigners established a record number of companies in our country - 11.6 thousand. Most of them were Ukrainians, Belarusians and Germans. A large number of. Russians - writes today's "Puls Biznesu".more

Regional UK airline Flybe declared bankruptcy yesterday - a flood of nine months after it resumed operations. Around 75,000 passengers were affected by its bankruptcy, 2,500 of whom had tickets for flights scheduled for yesterday.more

Nearly 400,000 self-employed people on low incomes are being penalised for filing their tax returns late when most of them don't owe any tax. more

A record number of people switched their custom to a different bank in the final three months of last year. more

Marks & Spencer has warned that separate labelling for goods being sold in Northern Ireland would not be a viable change to the Northern Ireland Protocol. more

One third of Poles intend to buy a car in 2023, according to the study "Poles' wallets under the microscope". 2/3 of buyers will choose a used vehicle and will more often choose a model with a petrol engine, priced from PLN 25,000 to PLN 50,000. zloty.more

Amazon workers are staging the first ever UK strike against the online giant on Wednesday in a protest over pay. Members of the GMB union are walking out at Amazon's Coventry warehouse over what they call a "derisory" 50p an hour pay rise.more

Ford plans to cut 3,200 jobs across Europe and relocate some to the United States. The IG Metall trade union claims that the largest number of redundancies will be from Germany. IG Metall also threatened protests "if the future of workers is not secured"more

There are growing fears that 2023 could see a wave of company collapses as the cost of living crisis continues. more

Government borrowing hit a new high in December, driven by the cost of supporting households with their energy bills and rising debt interest costs. more

The appointment process of current BBC Council Chairman Richard Sharp will be reviewed for possible conflicts of interest, it was announced yesterday. Sharp was alleged to have helped the then Prime Minister Boris Johnson arrange a loan guarantee shortly before his appointment.more

More and more Dutch banks are closing physical branches, reports RTL Nieuws. Even at the beginning of this century, there were over 6,000 in the Netherlands. bank branches, and currently there are about 420 of them, a decrease of 93 percent.more

Annual energy bills are expected to fall to about £2,200 from July in a fillip for the government and households struggling with ballooning costs.more

Contrary to widespread belief, the majority of Western companies have not withdrawn from Russia since the start of the aggression in Ukraine, writes think-tank Eurointelligence in an analysis citing two studies by the Swiss University of St Gallen and the US-based Yale. The G7 and EU companies that still have subsidiaries in Russia are 19.5 per cent from Germany and 12.4 per cent from the US.more

Amid a deepening cost-of-living crisis in Britain, King Charles III announced that an expected surge in profits from wind farm deals that could have boosted the royal coffers should instead be spent on the public.more