Oil giant, BP is selling off assets in what's being seen as a prudent move to make sure it can take care of likely debts it will incur over the worst spill in American history.
Increased merger ratio, changes in top management structure offered in what is seen as a softening of company's stand.
BP reportedly in advanced discussions with Plains Exploration & Production to sell some of its Gulf of Mexico oilfields.
Kweku Adoboli, former UBS trader, allegedly indulged in illegal trading in various S&P 500, DAX, and EuroStoxx index futures.
Bully Banks meets Treasury officials to discuss recommendations and aid on UK banks' mis-selling derivatives scandal.
An undercover investigation into the world's largest electronics company, Samsung, by the human rights organisation, China Labour Watch, has revealed that abuse of workers is rife.
The FSA did not implement stringent compensation rulings or product bans on UK banks on mis-selling of derivatives because of UK banks' solvency concerns.
US regulator sues UBS over the sale of mortgage-backed securities to two credit unions before the credit crisis emerged.
Glencore stocks take a dive as the commodities giant delays shareholder voting on faltering Xstrata takeover bid
JLR announces manufacturing unit in China, with many predicting further push into Bric nations.
Qantas moving its European flights hub to Dubai as well as strengthening its Asian network.
Never mind the focus on Greece, Chris Clarke explains why UK should leave the European Union.
Barclays discharged Ritankar Pal and Dong Kun Lee in July due to their role in the Libor scandal, say Reuters citing regulatory filings.
Financial Services Authority's Martin Wheatley wants to clamp down on banks sales incentives.
Tesco trying to cash in on rising demand for digital content.
Amritsar and Katra will host the burger giant’s first ever vegetarian-only outlets as it looks to expand Indian market.
With the raft of regulatory changes demanding restructuring compliance departments and reporting, it is too much for companies to take?
Dutch bank ING faces deadline to sell-off its Japanese business under agreement from receiving its emergency funding in 2008.
Financial Services Authority demands nine of UK's largest banks and building societies' disclose contingency plans for IT failure.
Strike over pay dispute likely to cause widespread disruption in flights.
Transport Minister confirms Sir Richard Branson's legal challenge has delayed award of new West Coast contract to FirstGroup.
Glencore is set to stick to its M&A proposal terms for Xstrata and will not sweeten the deal, say media reports.
Shareholder consortium in talks to launch £3.3bn lawsuit against RBS and former senior executives over rights issue.
Indian Supreme Court orders Sahara to pay back 174bn rupees (£1.9bn) it raised illegally from small investors.
Airline cancels 207 flights across Europe as well as cities in the US, Tel Aviv and Chennai in India.
Samsung has won a patent dispute with Apple in Japan as the judge ruled that the former's smartphones and tablets have not infringed on any of the latter's patents.
JJB up for sale after years of struggling against tumbling profits and growing losses in a challenging environment.
IBTimes looks at whether Barclays appointing head of consumer banking as CEO is right move for the bank.
From Ponzi schemes to high-speed trading, hedge fund manager Chris Clarke details why your money is at risk
Outgoing chairman Marcus Agius says Jenkins 'excellent track record and intimate knowledge' were the clinching factors.