Business News

Reviving Venezuela's oil industry may be harder than Trump thinks

Oil sits at the heart of Donald Trump's Venezuelan gamble. Within a day of the US operation which ousted President Nicolas Maduro, Trump made his top priority clear: reviving the country's oil industry.

Glencore and Rio Tinto in talks that could create world's largest mining firm

Glencore is in talks with rival Rio Tinto that could lead to merger and the creation of the world's largest mining firm.

Online retailer Very Group plots launch of £2bn auction

The owner of The Very Group, one of Britain's biggest online shopping platforms, is to launch a £2bn auction of the company just months after taking control.

Winners and losers of Christmas as Tesco reveals busiest ever days

The UK's largest supermarket chain had its busiest days ever over Christmas, reporting "strong" growth thanks to sales of fresh food as customers sought to eat more healthily.

Cost of new logo for nationalised trains revealed

More than £30,000 of taxpayer money has been spent on creating a new logo for nationalised rail services, Sky News can reveal.