Petroplus Holdings AG (Switzerland) was, not so long ago, Europe's largest independent refiner. In January 2012, the company defaulted on its senior notes and filed for bankruptcy. In the UK, its centre of operations was the Coryton Refinery in Essex which it had bought from BP in 2007 and which was able to handle tankers up to 250,000 deadweight tons (dwt). The refinery had a capacity of 11 million tonnes per year and had been running at about 88 per cent capacity shortly before its demis...
Samsung vows to increase investor returns at rare analyst briefing on 6 November.
The manufacturer hopes to raise between €1bn and €2bn from the plan.
Insolvency Service and Financial Conduct Authority warn inexperienced investors against buying carbon credits.
Confusion swirls over where Switzerland's cash pile is going to amid a crackdown on banking secrecy
IPO expected in the second quarter of 2014.
Labour MP Alan Milburn argues Britain's top jobs are dominated by a "social elite".
Lloyds joins RBS and Deutsche Bank, which are reviewing their FX trading processes.
Persimmon sold sold more than 3,000 homes under Help to Buy equity loan scheme, while government guarantee is yet to make impact.
One of Britain's largest energy companies has entered into a four and a half year supply agreement.
Greek unions walk out in protest against the visit of international creditors.
The group wants the proposed cap on administration fees for auto-enrolment schemes to be lowered.
HSBC's Asia-Pacific Regional Head of Commercial Banking talks about the impact from yuan liberalisation.
Low level of mortgage payments in relation to income is helping to boost housing demand, says Halifax.
Big Six energy firm warns that National Grid has underestimated risk of power shortages.
Both central banks to announce monetary policy decisions on 7 November.
Friends Life says one in six UK employees called in sick due to stress in the past year.
Tech giant's massive demands for office space generates billions in property deals.
Job losses will be imposed at Portsmouth in 2014 and across Filton, Glasgow and Rosyth by 2016.
Japanese and Australian equities buck the trend.
Deutsche Bank Co-CEO Juergen Fitschen was earlier named as suspect in lawsuit.
Apple disclosed data requests it received from various governments.
The job losses are part of Project K, a four-year cost-cutting program that Kellogg launched on Monday.
British estate agent giant posted a 17.9% rise in group turnover quarter-on-quarter.
Collection of 1,500 artworks confiscated by the Nazis was found in Munich apartment.
Despite better economic outlook, consumers are still reluctant, unwilling or unable to increase spend.
US giant expands into Ukraine as the country signs its second major shale gas deal this year.
Reed.co.uk boasts of more than 165,000 live job opportunities on website.
Bosses say legislation ensuring workers' rights is 'deeply frustrating'.
Unite says the move will be deeply distressing for the workforce and the local community.