Result Page 347 for Latest Companies News & Archive

Legal & General Posts Solid Earnings and Boosts Dividend

Insurance group lifts shareholder payout by 20 percent and says 'bolt-on' acquisitions will enhance growth.

Payday Loan Industry to Face Advertising Restrictions

The new Financial Conduct Authority (FCA) boasts tough powers over consumer credit industry.

HSBC Finance Sells $4.2bn Consumer Loan Portfolio

Sale nets $3.2bn in cash for loss-making subsidiary of HSBC as asset sales under CEO Stuart Gulliver continue

Daniel Byles MP: Shale Gas Could Create 30,000 Jobs and Secure UK Energy

Unconventional gas, which has repeatedly been called an energy industry game-changer by the International Energy Agency for the past five years, has the potential to create 30,000 jobs in the UK, an MP who supports the controversial technology says.

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Glencore and Xstrata Profits Fall as Merger Completion Delayed Until April

Glencore announces third extension of $33bn tie-up as both parties await approval from authorities in China.

Mis-Selling Derivatives Exclusive: Barclays' Lawyers Accused of Breaching Code of Conduct

Barclays' 'fact finding' law firms Eversheds and TLT Solicitors are breaching the Code of Conduct, say lawyers

Japan extracts gas from methane hydrates

Japex plans to Buy 10% Stake in Petronas' Canada Project

Japan's LNG dependence has soared after the 2011 disaster.

Bank of Ireland Posts €2.2bn Pre-Tax Loss in 2012

Bank of Ireland posts wider pre-tax losses in 2012 due to charges on asset sales and employee redundancy costs.

UK Banks Hoard 'Funding for Lending' Cash as Key BoE Programme Stalls

UK net lending falls £1.5bn in the first six months of the key monetary policy tool, putting new investor focus on the Bank of England's Thursday interest rate move.

HSBC Profit Falls as Money Laundering Fines, PPI Costs Hit Bottom Line

Europe's biggest bank says full year profits fell 6 percent to $20.6bn after it set aside $1.4bn in UK PPI costs and paid $1.9bn in money laundering fines.

News Corp Exits New Zealand's Sky Network Television

Rupert Murdoch's media company is divesting its minority holdings in firms ahead of its split to into two separate divisions.

Ryanair Plans 9% Cut in Stansted Flights on Increased Landing Fees

Company looks to cut 170 flights across 43 routes a week.

Jaguar Land Rover Considering Production in India

Jaguar XF and Land Rover Freelander may be manufactured in India.

US Judge Orders $450m Cut in Samsung's Damages to Apple

Apple suffers another setback in its legal battle with Samsung with a reduction in $1bn damages awarded in 2012.

Biofuels Market To Transform in 2013: Q&A with Beta Renewables CEO

Guido Ghisolfi says the industry has learned from the past mistakes and has proven economic sustainability with new technology

Bankers' Bonuses Cap: European Rules Don't Make Banks or Markets Any Safer

What you think you know about the "bonus culture" is probably wrong. And so is the EU's attempt to control it.

Combination photo shows the logos of Glencore and Xstrata

Glencore Shares Down on Delayed Xstrata Takeover

£50bn deal delayed as Glencore awaits Chinese approval.

BSkyB Set to Offer Mobile Phone Services

BSkyB Expands UK Broadband and Fixed-Line Offering with £200 Mn Telefónica Deal

BSkyB set to become second-largest provider of broadband in UK.

Lloyds Shares Plunge After £750m Loss Linked to PPI Claims

State-controlled lender earmarks £3.75bn to repay customers mis-sold payment protection insurance.

Virgin Atlantic’s Little Red Domestic Service to Take on BA

Little Red to connect Scotland and Manchester to London with 26 daily flights.

RBS: Britain Shouldn't Rush to the Exit

British taxpayers would be much better off taking a multi-year view of their 82 percent stake now that the banking game has changed so much.

TNK-BP Profits Tumble on Tax and Export Charges

The main unit at TNK-BP which is being taken over by Russia’s Rosneft posted a 13% drop in profits

Mis-Selling Derivatives Scandal: RBS Says Potential Payouts Will Be Less Than FSA Pilot Findings

Stephen Hester CEO says RBS has likely mis-sold less interest rate hedging products to SMEs than FSA Pilot Findings

High Street in Crisis - but Two New Pound Shops Open Every Week

Research into Britain's high streets shows 1,779 stores closed nationwide in 2012.

RBS Posts £5.2bn Pre-Tax Loss as Operating Profit Rises

State-owned lender sees operating improvements and fewer charges for bad loans but sets aside £1bn for PPI and derivatives mis-selling.

Airbus Parent EADS's Profit up 19% on Record Aircraft Deliveries

EADS's full-year profit and revenues show double-digit growth with strong contribution from the Airbus division.

HSBC: UK Exports Boosted by Asia and Emerging Markets

While eurozone struggles HSBC Global Connections report says UK exports will be supported by Asia, MENA and Latin America.

British Gas 2012 Profit Rises as Colder Weather Boosts Energy Consumption

Company records higher profit despite a weak economy and skyrocketing energy costs.

ITV Posts Solid Earnings, Plans Special Dividend Amid Takeover Speculation

UK's biggest commercial broadcaster will pay £156m to shareholders in move that may keep private equity buyers at bay.

UK to Slash Red Tape by Amending Half of All Company Regulations

Dozens of regulations on running company to either be scrapped or simplified.

DreamWorks Reports Loss after Rise of Guardians Flop

DreamWorks to shed 350 jobs as part of strategy to improve performance.

JPMorgan Chase to Slash up to 19,000 Jobs

Group planning to reduce thousands in headcount across consumer and community banking and mortgage banking sections.

Yahoo’s Remote Working Ban Could Hurt Development

Marissa Mayer says making employees work in an office will increase productivity but it may do the exact opposite.

Libor Fixing Scandal: Rabobank Could Get Over $440M Fine

Dutch bank expected to reach deal with UK and US regulators over Libor rigging claims.

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