DIAMOND BOSS The chief executive of Lucara Diamond Corp, William Lamb, is retiring and will be replaced by co-founder and director Eira Thomas.
MINING DEATH Following an accident during the night shift on February 23, Caledonia Mining has announced the death of a worker at its Blanket Mine in Zimbabwe.
SALES RECORD Engineering firm Senior has announced a 12 per cent boost in revenue to more than £1billion, an all-time high. But profits fell 13 per cent to £52.2million.
OIL LOSS Texas-based oil firm Kosmos Energy made an £87million loss during the final quarter of 2017. But chief executive Andrew Inglis said the firm is stronger than ever.
TAKEOVER BOOM Private equity firms are snapping up businesses at the fastest rate since the financial crisis, with £128billion of deals in 2017 – nearly double the level a year earlier.
FRANKFURT FLOAT Struggling German lender Deutsche Bank is forging ahead with a £1.8billion float of its asset management arm DWS next month on the Frankfurt exchange.
BANK BILL The big banks were last year forced to set aside an extra £3billion to compensate victims of payment protection insurance mis-selling, a study by think-tank New City agenda has revealed.
FINANCE FIRST Online finance firm Revolut broke even for the first time in December thanks to growing customer numbers, bosses said.
TECH BOOST Reforms which help customers share their bank details with tech firms could boost the UK economy by £1billion, according to a study by the Centre for Economics and Business Research and Trustpilot.
ACCOUNTS PROBE South Africa’s accounting watchdog is launching an in-depth inquiry into Deloitte’s work for scandal-hit retailer Steinhoff.
EXPANSION DRIVE Shared office provider Mixer has won an extra £28.6million of funding, which the Israel-based firm will use to help expand in Europe and the US.
AIRPORT VOTE The Government has been urged to kick off expansion of Heathrow Airport by scheduling a Parliamentary vote before the summer. The airport said the expansion is vital in establishing key trading routes after Brexit.