COMPANIES

The budget airline will begin using drones to carry out maintenance checks in a bid to cut costs and save time.

The companies broadly agreed on merger terms in recent days.

Older investors in UBS mutual funds sued bank for heavy losses from Puerto Rico bonds.

TripAdvisor's first quarter net income jumped as it recorded 250m unique monthly website users.

Despite the stock price fall Experian posted a rise in profits

UK supermarket Sainsbury's sees 5.3% rise in underlying profit to £798m.

Big tobacco has posted declines in revenue and operating profit for the half year to March 31.

HSBC's first quarter profits have tumbled by 20% as the group continues to try and cut down costs.

Banks are investing more on government affairs which have become crucial for their business.

Turkish defence ministry announced first two F-35 purchases in deal that could see Ankara buy 100 jets for $16bn.

The console's sales have failed to compete with Xbox 1 and PS4.

Lord Myners says the group's current board is 'manifestly dysfunctional' and an ethical council is needed

The new all-time-high in April was despite improving stock market returns.

Kremlin spokesman says US companies are being pressured to skip the St. Petersburg International Economic Forum

SEC is widening probe on banking sector's hiring practices to find out if they breach anti-bribery laws.

E-commerce giant Alibaba files initial prospectus with US Securities and Exchange Commission.

Walt Disney's animated blockbuster pushes the media company's profits higher

Lawmakers mull review of punishments to deter bankers from rigging Libor and FX rates

Former Burberry boss takes up position at tech giant with 113,000 restricted share options

Germany's economic affairs and energy minister says Europe cannot quit Russian gas

The Eurotunnel is twenty years old today, and business is finally looking up.

United States looking into the position of a Chinese oil rig that Vietnam says is in its territorial waters

Zero-hour contracts and strikes are taking centre stage but equality in the workplace is still diabolical

The DECC received 173 applications from firms for around 370 blocks

Remuneration committee says no rise for Greene amid heavy criticism over Royal Mail privatisation.

Prime Minister David Cameron's office said jobs and skills base are at stake

International Monetary Fund regional director urges action over a possible housing bubble in Dubai.

Australian fashion brand built on social media bans opinions on Facebook page in row over 'goddess' joke

EU energy chief says the bloc's stance has hardened on the prospect of exemptions for Russia's Gazprom.