Business News

Europe's biggest low-cost carrier Ryanair has cut its full-year profit forecast as it expects winter fares to fall amid increased competition.

Two stories from the banking sector this week highlight the difference between how business is done in the United States and Europe.

Tesla plans to cut thousands of jobs after the "most challenging" year in the electric car maker's history.

British retail sales fell in December as shoppers hunted for discounts on Black Friday and brought forward their Christmas spending, according to official data.

Arrow Global, the listed debt purchaser, is in talks to buy a portfolio of commercial loans that would mark another step in the government's efforts to shed the legacy of its financial crisis bailouts.

Scandal-hit Renault boss Carlos Ghosn improperly received €7.8m (£7m) from a joint venture between Nissan and Mitsubishi, the carmakers allege.

Netflix's original series and films, including post-apocalyptic thriller Bird Box, helped draw almost nine million new subscribers to the streaming service in the fourth quarter.

Philips has announced plans to shut a UK factory with the potential loss of 430 jobs, months after expressing worries about a possible hit from Brexit.

Grey has overtaken black as the UK's most popular new car colour for the first time ever.

One of Britain's biggest online furniture retailers has kicked off an urgent search for a buyer, underlining the challenges facing internet-based shops even as their high street rivals battle the worst trading environment for decades.