1.6bn

Credit Suisse has forecast a pre-tax loss of up to SFr1.5bn ($1.6bn) in the fourth quarter of its financial year, citing a “substantial” industry-wide slowdown.The Swiss bank, which…

The UK government has awarded a £1.6bn contract to build three support ships for the Royal Navy to a consortium that includes a state-owned Spanish shipyard, snubbing a rival bid from…

THG and SoftBank have terminated a longstanding agreement for the Japanese company to buy a $1.6bn stake in the British ecommerce group’s technology division, cutting off what was…

Private equity groups Astorg and Epiris have approached FTSE 250-listed financial publisher Euromoney Institutional Investor with a £1.6bn buyout proposal. The “possible cash offer”…