Shares in energy group Wood plunged by more than half after the Aberdeen-based company said an independent review is looking ...

The Australia-listed explosives and chemicals company said it made a net loss of 310.9 million Australian dollars (US$204.7 million) in the 12 months through September, weighed by A$712 million in one ...

Denmark’s biggest pension fund, ATP, has marked down the value of its $6 billion unlisted assets portfolio as a result of its ...

a sign that it’s pushing hard to steady itself after heavy asset writedowns left its balance sheet reeling,” Bloomberg Intelligence analyst Patrick Wong said before the announcement. Shares of New ...

A round-up of the day’s news and why BOSA leader Mmusi Maimane says scrapping Deputy Minister positions will symbolise a tightening of the belt. How inflation is impacting the cost of your ...

LONDON ― British oil giant Shell said on Friday that it plans writedowns of up to $2 billion for its second quarter due to a shelved biofuels project in the Netherlands. "Post-tax impairments of ...

BCE, the parent company of Bell, announced a huge third-quarter loss of $1.2 billion, heavily impacted by $2.11 billion in ...

The charges included $2.8bn of restructuring expenses, tied to a previously announced reorganisation and cost-cutting ...

The largest third-quarter writedowns were for excess and obsolete inventory, as the company no longer expects to sell it due ...

SHOPPERS will face higher food prices after the Budget’s tax raid on employers, the boss of Sainsbury’s has said. Simon ...

(Reuters) -Polish oil refiner Orlen will not continue with its Olefins petrochemical project in its current form and will ...

David Zaslav wanted to run Paramount. David Ellison is getting it instead. We now know a lot of the backstory on how that ...