COMPANIES

Former chief of FSA Sir Howard Davies to become chairman of RBS.

Russian economy expected to enter recession in 2015.

UK government has raised another £500m from its gradual sale of Lloyds Banking Group shares.

HSBC shares fall on 17% decline in pre-tax profits due to settlements and fines.

Bovis Homes has seen its profits hit £133m for 2014, increasing from £78.8m in 2013.

Corporate managers polled by Reuters say Japan's 2% inflation goal is unrealistic and unnecessary.

HSBC confirms chief executive has Swiss account, set up in name of Panamanian company.

Ito will be replaced by Takahiro Hachigo, who is currently serving as company's managing officer.

HSBC spokeswoman says the account was set up in 1998 in the name of a Panamanian firm for reasons of confidentiality.

British pharmaceutical company Shire has also been looking to acquire Salix.

Affected vehicles are Mercedes-Benz CLS 400, CLS 550, CLS63, E350, E400, E400 hybrid, E550 and E63.

The massive writedown will potentially erase much of the UK lender's annual profit for 2014.

US Department of Homeland Security issues alert on Superfish in some Lenovo laptops.

RBI wants Indian lenders to push interest rate cuts through the financial system.

Thousands of merchants using Stripe's payment platform could accept bitcoin with a single line of code.

Delhi police recovered three dairies, indicating that those arrested had stolen information from other ministries as well.

Shanghvi's share holdings are worth about $23.42bn as of 19 February, higher than Ambani's $21.2bn worth of shareholdings.

The company is offering to produce its light utility AS550 Fennec and medium lift EC725 for India's armed forces.

Analysts at RBC Capital Markets and Barclays expect Apple to announce a massive capital return programme in April.

Sales fell by 2.6% in the latest quarter.

Official documents from the country's oil and natural gas ministry were stolen and sold to companies, media reports say.

BP has failed in its attempt to reduce its maximum civil fine.

Bloomberg reports company already has 200-strong team for secret car project and is ramping up hiring.

Helping clients evade tax can't be the legal foundation of any Swiss case against the British bank.

Dell announces roll-out of bitcoin acceptance to the UK and Canada through Coinbase partnership.

If airborne laser networks span oceans, it may "become profitable" to station a ship at the midpoint between exchanges.

Raids at HSBC offices ordered by Swiss prosecutors were winding down on Wednesday 18 February.

The EU competition authority is expected to announce the investigation next week.

Benchmark index expected to rise further on increasing exports and stability in crude oil markets.