Business News

A French firm has struck a deal to buy a majority stake in Edinburgh Airport for around £1.27bn.
Telegram, one of the world's biggest social media networks, "will probably hit one billion active monthly users within the year", according to the app's billionaire founder Pavel Durov.
An employee benefits platform used by Asda and Burger King has secured close to £20m in new funding from investors including a subsidiary of the British Business Bank (BBB).
The Post Office's chief executive has been "exonerated of all misconduct allegations" following an investigation into bullying allegations.
A former investigator for the Post Office has told the Horizon IT inquiry he "always thought" the accounting system was "robust" but acknowledged there were issues in some cases.
A major new film and television studio campus is to be created in Stirling.
On the face of it, the March inflation figures are good news.
Record rainfalls in the United Arab Emirates and the wider Gulf region have flooded major roads and caused "carnage" at Dubai's international airport.
The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of price growth in the economy.
In the circumstances, the numbers could hardly look much better.

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