Filling up. the price of oil has tumbled recently.

Halliburton’s deal for Baker Hughes may be just the start of big energy takeovers as oil prices slump. Crude has plunged to a more than four-year low (...)

If a patent application filed by Airbus takes off, future passengers could disembark from today’s sleek cylinders and fasten their seat belts in cabins shaped like giant doughnuts.

It may be the final step in taking the romance out of air travel. If a patent application filed by Airbus takes off, future passengers could disemb(...)

Battered image: Tesco’s auditor, PricewaterhouseCoopers, warned in May of the “risk of manipulation” of financial results. photograph: jeff j mitchell/getty images

The announcement that Tesco is to be investigated by the UK’s serious fraud office has once again shone a light on murky accounting practices in the c(...)

In Dublin, Aer Lingus shares rose 3.4 per cent, marking  a reversal of recent sentiment towards airline stocks in the wake of the Ebola scare. Photograph: Alan Betson

European stocks rose yesterday, ending the longest rout in 11 years, while Italian and Greek bonds gained on prospects for more stimulus. Ten-year It(...)

GE’s third-quarter net income rose to $3.54 billion, or 35 cents per share, from $3.19 billion, or 31 cents per share, a year earlier

General Electric (GE)reported a slightly higher-than-expected quarterly profit on Friday, as cost cuts that helped boost margins across its industrial(...)

 Electronics and lighting company Philips announced that it will add the divisions healthcare and consumer lifestyle together under the name HealthTech and the light division will become independent.Photograph: EPA/REMKO DE WAAL

Royal Philips chief executive officer Frans van Houten plans to break up the 123-year-old Dutch company, separating the lighting unit and focusing on (...)

Electrolux said it expected annual cost savings about $300 million after one-off charges and spending of about $350-$370 million.

Electrolux is buying General Electric’s appliance business for $3.3 billion as the Swedish company looks to bulk up in the US.The Swedish group’s larg(...)

A surge in demand for airplanes helped push orders for durable goods up at a record pace in July, boosting prospects for sustained growth in US manufacturing,

The US economy expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two ye(...)

The General Electric  logo is seen on a microwave oven  in a shop in Torrance, California. GE’s home appliances business, which sells products under the GE Monogram, GE Cafe and Hotpoint brands, could be worth between $2 billion and $2.5 billion. Photograph: Bloomberg

World number two home appliances maker Electrolux said yesterday it was in talks to buy General Electric’s household appliances business.“AB Electrolu(...)

Galway-based Tynagh Energy to receive €66.4m over  12 months. Photograph: Reuters

A multinational-backed power company that makes €25 million a year in profit is set to receive more than €66 million from an extra charge levied on t(...)