BUSINESS

Opec's surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price.

ONS figures show both industrial and manufacturing output suffered a sharp slowdown in October.

Fine relates to the price of phenytoin sodium capsules going up dramatically in 2012.

Shares in Italian banks soar on reports of bailout but Italian Treasury denies any plans are being made.

John Longworth, co-chair of Leave Means Leave, spoke to IBTimes UK about the 'clarity' debate.

Dr Tristan Fletcher, research director, Thought Machine, will be talking at IBT's forthcoming AI and capital markets event.

The bank has no plans to shift its headquarters from London.

Household spending rises 3.2% year-on-year in November, the biggest rise in 22 months.

Trump said SoftBank would have not taken this decision had he not won the US presidential elections.

It used as much energy as San Francisco last year – but is turning to wind and solar power.

IBM names bunch of startups and announced the 1st Hyperledger Fabric v1.0 Connect-a-Thon on 17 December.

Standard Chartered is looking into ways to fund a $262m package to bail out President Mugabe.

CMC Markets and IG Group drag FTSE 250 lower as market factors in prospect of restrictions on spread-betting companies.

Conservative premier also remained defiant on her 'no running commentary stance' as she faces a rebellion.

Thomas Cook to pay £55.8m to assume full control of the joint retail venture with Co-op

Complete ecosystem consists of global professional services and 3D printing companies, and will become a reality in 2017.

The central bank analysed challenges to the 'development and adoption' of blockchain.

Other partners are Coins.ph​ in the Philippines, Flutterwave which connects with M-Pesa, and Tempo Money Transfer.

Michel Barnier wants to complete talks with the UK by October 2018 and ratify the deal in March 2019.

Shares in spread-betting firms plunge by about 30% after regulator unveils proposal to regulate CFDs market.

Economy in the 19-country bloc expands 0.3% in the third quarter and grows 1.7% on an annual basis.

A blizzard hit the North Dakota camp where thousands of protesters have gathered to block the construction of an oil pipeline.

UK prime minister under pressure after ruling out giving a 'running commentary' on EU talks.

Neither Opec nor US shale producers could land a winning blow in the fight for oil market dominance.

Retail sales rose 1.3% year-on-year in November, a slowdown from a rise of 2.4% in October.

Chris Grayling said to be keen on bringing both track infrastructure and train operations under one company.

Recapitalisation of Italy's third largest bank is in jeopardy after PM Matteo Renzi's pledge to resign.

The promise was made in a meeting attended by senior executives of companies such as Santander and Barclays.

Brent caps $55 per barrel mark for first time in 16 months on Opec's decision to reduce its 2017 output.