ByStuart Preston, head of restructuring in Scotland, Grant Thornton
As we come to the end of a torrid year, business leaders in the north-east’s oil and gas industry breathed a collective sigh of relief on news that coronavirus vaccines look imminent. Oil prices rose around 8% globally following news that three Covid-19 vaccines both showed high efficacy and will be available next year.
S&P Global Inc. has agreed to buy IHS Markit Ltd. for about $39 billion in stock, a deal that accelerates the wave of consolidation among the finance industry’s biggest data providers.
Cornwall’s mining revival received a boost on Monday after the firm behind plans to tap into huge reserves of lithium in the county raised £1 million in funding.