An express train crowded with holiday travellers derailed in Pakistan early today, killing at least 50 people and injuring many more, officials said.

British engineering group Balfour Beatty today said its chief executive was stepping down as it posted a 33% rise in underlying interim pre-tax profits to £68m (€83m).

Premier Oil PLC today today announced that operating profits grew by 17%, and net profits by 80% in the past year.