Li Ka-shing: Phone King Is Business 'Superman'

Li Ka-shing has a fortune currently estimated by financial information firm Forbes at about $35bn (£23bn). His sprawling ports-to-retail global conglomerate operates in more than 50 countries. Here's a look at the life of Asia's richest man: :: Humble...

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Three Dials O2 To Become Biggest Mobile Firm

A cash deal of more than £10bn could lead to the creation of the UK's largest mobile phone operator, with Three taking over O2. Three's parent, Hutchison Whampoa - owned by the richest man in Asia, Li Ka-Shing - said it was in "exclusive...

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Not Lovin' It: McDonald's Set For Menu Revamp

By Sky News US Team We haven't been lovin' it - and now McDonald's is planning drastic changes to try and tempt back customers. The fast food chain reported falling earnings and sales for a fourth consecutive month on Friday. Its answer? Customised...

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Three Dials O2 To Become Biggest Mobile Firm

A cash deal of more than £10bn could lead to the creation of the UK's largest mobile phone operator, with Three taking over O2. Three's parent, Hutchison Whampoa - owned by the richest man in Asia, Li Ka-Shing - said it was in "exclusive...

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ECB Triggers €1.1trn Quantitative Easing

The European Central Bank (ECB) has confirmed a €1.1trn stimulus scheme aimed at halting the eurozone's slide towards economic stagnation. The monetary policy measure, announced at a news conference by ECB president Mario Draghi, was bolder than investors...

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Greece Poll: Syriza Vows To End 'Humiliation'

The leader of Greece's Syriza party has vowed to end the country's "national humiliation" as opinion polls show the party's lead is widening ahead of Sunday's election. Alexis Tsipras told thousands gathered in Athens that an outright victory for...

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eBay To Slash 2,400 Jobs In Major Shake-Up

eBay has announced plans to cut 2,400 jobs as it prepares to separate Paypal from the rest of the business. The online retail-based company said the losses represented 7% of its total workforce.  The cuts would enable it to simplify its structure...

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ECB Expected To Announce Quantitative Easing

At last. It may have taken five years but today the European Central Bank is expected to press the button on its own quantitative easing scheme. Before that jargon turns you off, this is big news. Quantitative easing - the printing of electronic money,...

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Balfour Beatty To Take Extra £70m Profit Hit

An independent probe into Balfour Beatty's finances is to result in the firm's UK construction profits taking a further hit of £70m. The company confirmed the pain following a Sky News report on Wednesday night which said the results of the internal...

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Obama Demands Action On Taxes and Terrorism

By Sky News US Team President Barack Obama said it is time for the US to "turn the page" on years of hardship, as he urged Republicans to back tax increases on the rich to help struggling American families. During his annual State of the Union speech...

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Stamp Duty Changes 'Saving Buyers £1,300'

By Poppy Trowbridge, Consumer Affairs Correspondent Stamp duty changes are saving home buyers an average of £1,300, according to figures from the Mortgage Advice Bureau. The changes were announced by Chancellor George Osborne in his Autumn Statement...

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SpaceX Lands $1bn Google Tech Investment

SpaceX has confirmed a $1bn (£660m) investment from Google and Fidelity Investments to boost innovation in space transport and satellite manufacturing. The cash injection represented a near-10% stake in the spaceship manufacturer, valuing it close...

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IMF Cuts Growth Prospects Despite Oil Prices

The forecast has been slashed for global economic growth this year - with the UK's outlook also taking a hit. The International Monetary Fund's World Economic Outlook update said that apart from in the US, the economic performance of all major economies...

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Shoplifting Surge 'Not Taken Seriously'

By Martin Brunt, Crime Correspondent Police forces are being accused of not doing enough to tackle a boom in shoplifting. A survey shows a 36% rise in the money lost in shop thefts, the highest figure for a decade. But most shoplifting goes unreported...

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Chinese GDP Growth At 24-Year Low In 2014

By Mark Stone, Asia Correspondent in Beijing China's economy has expanded at its slowest pace in 24 years. Statistics published by the Chinese government show that the world's second largest economy grew by 7.4% in 2014 compared with 7.7% in 2013....

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Eurotunnel Fire: Delays Continue For Third Day

Travel disruption sparked by Saturday's fire in the Channel Tunnel is dragging on into a third day. Eurotunnel passengers travelling by car or coach from the UK are having to wait about 90 minutes, and "approximately three hours" on the French side....

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Cameron Puts Jobs Vow At Heart Of Campaign

David Cameron has set out his plan for full employment, promising to make Britain the "jobs factory of Europe" as the economy returns to health. The Prime Minister, speaking in Ipswich later, will say the country is "coming out the other side" after...

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Thorntons Like-For-Like Retail Sales Up 5%

Struggling chocolate maker Thorntons has reported a 5% increase in like-for-like retail sales in the last quarter. But the firm's supermarket sales fell by 10.5% compared to the previous period, blamed on "challenges experienced in a couple of major...

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London 2012 Exec Gives John Laing IPO Boost

By Mark Kleinman, City Editor An official who helped steer London's staging of the 2012 Olympic Games is to join the board of John Laing, the infrastructure investor, as it prepares for a stock market listing valuing it at more than £1bn. Sky News...

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Final Whistle For West Ham Shirt Sponsor

Foreign exchange broker Alpari UK has entered insolvency following market turmoil over Switzerland's shock decision to unpeg its currency from the euro. Within minutes of the early morning announcement on Thursday, the currency spiked around a third...

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Delays As Eurostar Services Resume After Fire

Delays As Eurostar Services Resume After Fire We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Eurotunnel Services Resume" Video: Eurotunnel Services Resume ...

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