COMPANIES

Citigroup agrees to pay investors of bonds and stock who say they were misled by the bank's company disclosure

HSBC is facing criminal charges in Argentina that could lead to substantial fines for the troubled bank.

Rio Tinto plans to go ahead with expansion plans despite concerns on falling iron ore prices.

Qatar Investment Authority reported to be looking to invest in the British retailer.

Eurozone rescue package for Cyprus calls for unprecedented €5.8bn levy on savers.

Airbus' deal with Indonesia's Lion Air brings in focus the competition between global aircraft makers.

China is getting tougher on manufacturers that deliver poor after sales service, and VW and Apple are in the spotlight.

BP claims that the court-appointed administrator of settlements is exposing the firm to further losses by allowing fictitious claims.

Sony looks to recover from four straight yearly losses with the sale of its New York City headquarters.

Emails show Bruno Iksil, the so-called "London Whale", grew concerned with management's efforts to stem losses at the chief investment office

Boeing incorporates additional safety features in the battery system to make it reliable.

Shell not permitted to drill until its operations are overhauled to meet harsh Arctic conditions.

Lloyds Banking Group’s job cuts are in line with CEO Antonio Horta-Osorio's strategy to slash headcount by 15,000 by 2014.

Swiss bank reduces bonus pool by 7% on 2011 but still pays out sums equivalent to net loss for 2012.

Trinity Mirror posts decline in 2012 profits and revenue partly due to competition from rival Sun on Sunday.

Home Retail's Argos division benefits from increased sales of consumer electronics, white goods and core electricals.

Retailer in technology and licensing talks with Ocado on plans to launch online offering in 2014.

Agreement should prevent further strikes at Spanish carrier but will cost more than 3,000 jobs.

Treasury minister Greg Clark confirms that Jim McGovern MP's constituent's TBL included in review despite previous bar.

Zara owner Inditex's net profit rises to €2.4bn in fiscal year 2012 as it added 482 more stores in 64 markets.

The International Energy Agency warns that oil demand is weakening on feeble world economic growth

BHP Billiton maintains that it has complied with all applicable laws during its Beijing Olympics sponsorship.

Citigroup's global head of environmental finance Michael Eckhart tells IBTimes UK of shift in biofuels financing in 2013

Cathay Pacific operations suffer from eurozone crisis and increased competition in the sector.

World's largest security firm lifts full-year dividend and issues bullish outlook for 2013.

The FAA allows Boeing to test its redesigned lithium ion batteries after thorough review of the changes.

RWE is looking to offload its oil and gas exploration unit as it plans more investment in renewable energy.

PPI mis-selling spawns new industry as banks become inundated with claims for compensation, says employment group Manpower.

Bank shifts 20 percent of wealth management business in trim of non-core operations.