A company run by a member of Qatar’s ruling family is to invest $1.5bn (£735m) in Zimbabwe, to build an oil refinery and a hotel. Financial Times
The company’s general manager, Jawhar Zaidi, said yesterday it would develop a five-star hotel in the Zimbabwe capital and a 120,000 bpd refinery.
NewRiver’s share price slumped 4.59% on Friday to 270.50p and Bovis Home Group fell 4.58% to 1,147.00p.
Lambert Smith Hampton has appointed Jonathan Thompson as its new regional head of retail to focus on the north of England and Scotland.
House of Fraser’s creditors have given the green light to its company voluntary arrangement (CVA) proposals, which will involve closing 31 of its 59 stores.
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