Bloomberg Business

England’s Forgotten Fertilizer Mine Is Finally Back Under Way

A decade ago, a UK startup’s plan to build a $4 billion mine more than a mile under the North Sea caught the nation’s imagination. It became a retail shareholder sensation and promised riches for many landowners. But when the company failed to raise the last piece of financing, it all came crashing down.

Rolls-Royce Surges After CEO Vows Higher Returns in Revamp

Rolls-Royce Holdings Plc surged the most in more than two years after new Chief Executive Officer Tufan Erginbilgic embarked on a strategic review, saying the UK engineering firm has underperformed financially for years.

Heathrow Wants Higher Passenger Fee Amid Surge in Air Travel

London’s Heathrow Airport is seeking higher passenger charges to meet rising costs and let it expand services as airlines ramp up operations in the post-pandemic era, Chief Executive Officer John Holland-Kaye said.

Chinese City Goes Viral As Lack of Funds Puts Buses at Risk

A Chinese city with a population of 7.7 million drew public attention Thursday for almost losing its bus services because of a lack of funds, highlighting the financial strain local governments are under after years of spending on Covid controls.

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