Calum

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Shell's $70 billion acquisition comes with several potential pitfalls

Shell’s big bet on liquefied natural gas (LNG) is far from a sure thing.<p>It is LNG, not oil, that’s truly behind the European energy giant’s $70 …

Oil & Gas Industry

China is the cutting the red tape surrounding global trade

"This will help us withstand the downward economic pressure, and push China's development into new spaces," the statement, released late on Friday, quoted Premier Li Keqiang as saying at a meeting with officials and business leaders.<p>Li said China should boost financial mechanisms to support …

China

B&Q to close 60 stores

B&Q owner announces plans to close one in six stores in the UK as it battles slow sales, putting 3,000 jobs at risk<p>B&Q is to close 60 stores in the UK - the equivalent of roughly one in six - as it battles slow sales in the DIY market.<p>The closure of the stores is one of the first major decisions to …

Personal Organizing

UK Coal pits face closure after Government refuses £338m funding

Ministers say the Government will not provide an extra £338 million to keep UK Coal's pits at Kellingley in North Yorkshire and Thoresby in Nottinghamshire open<p>The Government will not provide an extra £338 million to keep UK Coal's pits at Kellingley in North Yorkshire and Thoresby in …

Driverless cars to create 320,000 UK jobs and save 2,500 lives

Britain will get huge economic boost from driverless cars which will also cut death toll on roads, new report predicts<p>Driverless cars will accelerate the renaissance Britain’s automotive industry is currently enjoying, creating hundreds of thousands of new jobs, adding tens of billions to the …