COMPANIES

Despite increase in revenue, Mulberry reports a 36% fall in pre-tax profit due to higher operating costs that cut profit margin.

New Mass Effect 3 DLC to feature biggest BioWare crew for any Mass Effect DLC as franchise gets set for grand finale.

Starbucks has agreed to annually pay around £10m in corporation tax for the next two years after striking a deal with the HMRC.

Payment to settle claims that bank violated US curbs on Iran.

HSBC said to be in talks with US law-enforcement agencies over money-laundering claims.

Citigroup reveals it is slashing 11,000 positions, in a bid to reduce expenses and 'improve efficiency'

Ad watchdog Ofcom bans US retailer's digital ads featuring scantily-clad women.

UK regulator unveils proposed changes to regulation and supervision of benchmark interbank lending rate.

Arcadia Group billionaire reportedly selling 25% of Topshop in bid to expand in US and China.

Tesco shares leap after launch of 'strategic review' of loss-making Fresh & Easy retail chain.

Earlier this year, Facebook launched its latest feature, promoted posts, which enables users to promote their status updates in return for a fee. Initially, this feature was solely meant for 'personal use' - ie: for users with less than 5,000 friends or subscribers.

Company is seeking treble damages

US regulator charges China affiliates at KPMG, Deloitte, BDO, PwC and Ernst & Young with securities violations

Oil giant BP announces new upstream strategy, including focusing more on oil than gas, amid record settlements with authorities and asset sales.

Swiss bank close to becoming second major bank to reach deal with UK and US regulators after Barclays.

Delta Air is said to be bidding for 49% stake as it looks to expand presence in lucrative airport.

UBS Bank is back in the headlines. Just a few days after a former trader at its London office, Kweku Adoboli was jailed for losing the bank £1.4 billion pounds in risky deals.

A Mexican court has ordered Yahoo! to pay $2.7bn in damages for breach of contract related to yellow pages listing service.

Hitachi and Mitsubishi Heavy agree to form a joint venture that will integrate their thermal power generation businesses.

Ukraine tricked into deal with an agent believed to be acting for Spain’s Gas Natural Fenosa.

Shareholders say they are looking ‘inside and out’ for a CEO that understands the company, amid preparations for changes at the top

The battle of Britain's big name electrical goods retailers appears to be well and truly won. By Dixons Retail.

Rio Tinto announces cost-cutting initiatives to cope with decline in global demand and lower commodity prices.

US Environmental Protection Agency reveals temporary ban following Deepwater Horizon spill.

The European Commission’s proposed across the board scientific budget cuts will hamper economic recovery by stagnating business and high skilled industries

Thomas Cook claims it's winter bookings cross committed capacity in all markets at better prices.

Shares of Russia's second largest mobile carrier drops below offer price in early trade in London.

BMW's luxury car brand is set to expand on appetite from China and other emerging markets, as wealthy consumer base grows.

Australian airline Qantas has said that it is cutting ties with the country's official tourism agency due to conflict of interests.