Business

Mining giant Anglo American plans to spin off its diamonds arm De Beers, as part of its defences against at $ 43billion takeover bid from rival BHP. Daily Express :: City and Business Feed

Greggs has had a strong start to the year, with its sales up more than 11 percent to £693million, thanks to demand for its pizza boxes and southern fried chicken goujons. Daily Express :: City and Business Feed

Istanbul believes that it can permanently dethrone Heathrow as the busiest airport in Europe within five years, given its growth rate as well as ongoing delays to the expansion of Britain’s hub airport. Daily Express :: City and Business Feed

Ted Baker’s creditors could find out how much they are likely to get back from the collapsed fashion chain as early as this week. Daily Express :: City and Business Feed

Growing numbers of small businesses are having to rely on loans to pay for their insurance, according to specialist lender Premium Credit. Daily Express :: City and Business Feed

Food groups and consumer goods outfits will use promotions to tempt shoppers back from own-brand labels and rebuild their volumes over the next 12 months, Tesco chief executive Ken Murphy predicts. Daily Express :: City and Business Feed

No one should overlook that the biggest enemy is inflation, which currently stands at 3.2% when average earnings rose by 6% in the year to April. Daily Express :: City and Business Feed

ITV says that demand from advertisers for slots during this summer’s Euro 2024 football championships has helped offset a revenue slump at its production arm. Daily Express :: City and Business Feed

FitnessGenes is to expand DNA test service for both consumers and businesses Daily Express :: City and Business Feed

New car sales, including electric and hybrid, are starting to surge – but more needs to be done to bolster consumer confidence, a leading body said. Daily Express :: City and Business Feed