COMPANIES

British fashion entrepreneur, Harold Tillman has sold majority of his stakes in luxury brand, Jaeger to a private equity firm Better Capital for just £19.5 million.

A Financial Times report confirms three top Angolan government officials have stock in Cobalt's local partners in their west African oil venture.

While the Mass Effect 3 franchise is hurtling from one controversy to another, ominous signs loom large with the Old Republic franchise's dwindling fanbase and BioWare's own inexplicable woes.

A little over two years ago, Tata Corus closed down their Teeside Cast Products plant in Redcar with the loss of 1,600 jobs by late February 2010. With the parent company in India expressing a willingness to sell the steel mill, Geoff Waterfield, Chairman of the Multi-unions at Redcar, expressed the hope in mid-2010 that a buyer would be found and that steel would again be produced at the site by Christmas that year, but this proved to be far too ambitious.

Global transportation and logistics business hit hard by increasing costs and a large antitrust fine.

Burberry Group says it remains focused on implementing its proven core strategies to attain long-term growth while continuing in the demanding macro environment. The group is scheduled to release its trading update for the six months ended March 31, 2012 on Tuesday.

The title update/patch for the face import bug with the hit Sci-Fi RPG (Role Playing Game) action adventure game - Mass Effect 3 (ME3) - is stirring up quite a bit of ruckus for many Xbox 360 as well as some hapless PS3 players. The latest game update renders the game unplayable with intermittent crashes after loading.

March's warm weather might have helped Marks and Spencer as shoppers were encouraged to buy into spring clothing collections. While the older and wealthier customers are becoming more confident about their finances.

The Latest comments and Spring Forecast from Ernst and Young for the British economy, state that although Britain may have averted a double-dip recession, growth will be minimal in 2012.

Online Retailers Jump Aboard 'Mass Effect 3' Bandwagon, Offer 50 Percent Discount and Game Coupons

Google has been fined $ 25,000 (£15,788.80) for impending the US investigation into the data collection.

Swedish clothing retailer says poor comparative sales and good weather boosted March sales and warn of negative effect on April figures.

AMEC has said its trading year-to-date is in line with expectations with good order book of £3.7 billion at the end of December 2011 and forward visibility.

Apple Inc. has denied accusations that it conspired to fix prices for e-books in company of major book publishers.

Mass Effect Finale took so much importance with the franchise aficionados and gamers worldwide, that it directly held its overwhelming impact on the sales figures within the first few days of its release.

Megaupload, the online file-locker service that offered individuals and businesses storage space for digital files, was shutdown earlier this year. The federal government raided the facility and seized most of the company's assets, while charging the founders with a spate of criminal offenses, including facilitating of illegal sharing of copyright-protected movies, music and TV shows.

The British Airways' (BA) takeover of bmi could result in 1,200 job losses which the airlines term as deeply regrettable but inevitable.

Federation of Small Businesses says smaller retail outlets under threat from Tesco expansion of local convenience stores.

Boeing is all set to diverge into a completely different market sector and launch a super secure Android smartphone.

US banking group claims first quarter results are solid and better than analyst forecasts.

APR Energy is scheduled to release its preliminary earnings for the fourteen month period ended December 31, 2011 on Monday as it delayed reporting a month due to complexities which resulted a share price fall of more than 25 percent. However, the group reported a summary of preliminary results on March 20, 2012.

AMEC Plc is expected to recommend a final dividend of 20.3 pence per share as it anticipates double-digit underlying revenue growth for the FY 2012, but JP Morgan Cazenove cuts its recommendation on the firm to "Neutral" from "Overweight" in a review of the European oil services sector and raises price target to 1,344p from 1,252p.

John Lewis stores saw a 27.5 percent boost in Easter sales compared with the previous year.

Goldman and Credit Suisse bottom in league of world's top 10 investment banks.

Punch Taverns reported a fall of 20 percent in its profit before tax for the six months ending in March at £33 million compared to £41 million a year ago. But expects expects to reap benefits during the second half of the current year from the Queen's Diamond Jubilee, the UEFA European football championship and the Olympic Games.

International hypermarket chain sales hit €22.5bn (£18.5bn) as Latin America helps balance European decline.

Mass Effect 3 has nose-dived from one controversy to another within the span of a month, ever since it's over-hyped release in March. The cryptic ending to the game finale brought much distaste to the fan community, while both BioWare and EA have drawn flak for making false promises with a complete closure for the game.

Roche, the world's biggest manufacturer of cancer medicines, has upped its offer to Illumina shareholders.

Rolls-Royce has secured an another contract from the U.S. Navy to supply power and propulsion systems for further two latest vessels in the U.S. Navy's Littoral Combat Ship (LCS) programme.