COMPANIES

Bundesbank launches DB probe over mis-valued credit derivatives that allowed the lender to hide over €9bn worth of losses

BP's wind power division operates 16 wind farms in nine US states and generates 2,600 megawatts of energy.

RBOS Shareholder Action Group opens proceedings against former executives and the bank.

Review of business practices says transforming Barclays could unearth more legacy issues.

Ofgem sets largest-ever fine after accusing SSE of misleading households at every stage of its sales process.

Tax will cost Britain billions and distort competition despite not joining other EU countries imposing levy.

More than 700 cases of fraudulent activity determined since start of economic crisis, says Ernst & Young.

AstraZeneca maintains that the decision will not affect the company's 2013 revenue guidance.

Vodafone stock price soars on renewed speculation that Verizon and AT&T are sealing a takeover deal

China's competition watchdog is reviewing the deal as part of the country's national industrial policy.

Citigroup and shareholders forced to revisit settlement amount and allocation.

Novartis' Glivec contains known substance and lacks genuine inventions, rules court.

The US District Judge dismisses antitrust claims while allowing some commodity manipulation claims to proceed.

The take-over brings Amazon closer to the reading community and helps to further strengthen its market presence.

IBTimes UK speaks to MPs, experts and lobby groups about one of the biggest scandals to hit UK businesses

World's oldest bank posts huge loss on bad debt provisions and derivatives trades targeted by fraud probe.

As the banks reopen, IBTimes UK outlines the strict capital controls in place

The west of Shetland area has more than 1bn barrels of oil which is equivalent of reserves under development.

Dr Monica Giulietti says unseasonal cold weather places will lead to dramatic gas price rise but not rationing

The deal is in line with Allianz's strategy to expand in low-penetration markets.

UK watchdog fine and censure for Tidjane Thiam for breaching rules on failed acquisition.

Bank's Financial Policy Committee says Britain's biggest lenders need stronger capital buffers by the end of the year

Specialist insurance group announces £2.8bn profit despite one of the costliest claims on record.

A controversial advert showing women bound and gagged in the trunk of a Ford Figo with disgraced former Italian Prime Minister Berlusconi at the wheel has caused international outrage.

Britain's search and rescue helicopter services, whose pilots include Prince William, will be sold to United States-based Bristow Group in a £1.6 billion deal that ends 70 years of military involvement in saving lives at sea and on land.

FAA may consider a temporary cut to extended operations approval for Boeing's Dreamliners, according to reports.

Qantas expects to revive its international operations with Emirates alliance.

UK has made the most payments in the Chinese currency for the last 9 months, according to Swift

EU watchdogs expands probe into the industry body on possible collusion with banks on credit derivatives market data