COMPANIES

Moody's is also reviewing JPMorgan for a possible downgrade.

PS3 players were deprived of both the multiplayer challenges as well as the irresistible in-game reward packages associated with them over the last few weeks.

Serco's order book stood at almost £18 billion at the end of the year 2011, providing revenue visibility of 92 percent for 2012, 80 percent for 2013 and 70 percent for 2014.

International Airlines Group, the parent company of British Airways and Iberia, has posted a first quarter loss of €249m.

Something's gone horribly wrong at America's biggest bank, JP Morgan. It seemed to emerge from the big financial crash of 2008 pretty much unscathed, but now it's announced massive trading losses of £1.2bn.

JP Morgan CEO Jamie Dimon admits that bad investment strategies in the firm's hedging arm caused a huge trading loss.

Shale gas explorer Cuadrilla has found more natural gas in the UK shale rocks than in Iraq.

Centrica holds a position of the third biggest producer of gas in the Britain continental shelf and plans to increase upstream UK gas and oil production by over 25 percent during the current year.

Logica Plc announced that it is looking to partner with the world's most forward-thinking enterprises through its Global Innovation Venture Partner (GIVP) programme to develop most innovative products and solutions.

Britain's biggest insurer Prudential has reported a solid 9 percent sales growth in the first quarter, underpinned by a booming Asian business and despite a declining UK market.

Sainsbury, the third biggest supermarket in the UK, said profit grew 7.1 percent across the year in its preliminary annual results.

After Andrew Moss stepped down as CEO of UK insurer Aviva, IBTimes UK asks why they didn't grant him a pay rise in light of recent excellent results

Credit Suisse raised IHG's full-year 2013 profit earnings per share by 7 percent and observes scope for 32 percent improvement to 2014 consensus estimates, provided sustained trading momentum.

Latest report reveals that a majority of airlines only implement hedging procedures for 21% – 40% of its total fuel for a year, in a bid to guard against rising oil prices.

Europe's biggest bank surprises with solid earnings, takes $2.6bn debt charge

World's richest man Carlos Slim tries to expand his empire mobile by making a monster bid for troubled Dutch telecom KPN

easyJet Plc, Europe's second-largest low-cost carrier, in its pre-close trading statement said at constant currency basis it expects total revenue per seat for the first half will be better than expected at a little over 10 percent

South African space tourism company, Orbital Horizon has charged Virgin Galactic of misleading the public by stating that it was the first agent in the country to offer outer space flights.

Galaxy S3's amorphous and non-linear design truly hints at some legal restrictions from Apple's patented designs. Did Samsung's legal team makeup the Galaxy S3's design?

Although, the Victory Packs for the allied goal - kill 1 million Phantoms - were successfully availed, several players hit a snag while redeeming personal Commendation Packs. Some won multiple rewards but could only redeem one, which mislead the gamers into assuming the Online Pass was missing.

Mass Effect 3 fans disappointed with the controversial revelation of Tali's face, release beautiful concept art portraying a true Quarian.

Franco-Dutch airline is the third aviation company this week to report losses stemming from rising fuel costs

Shares in HMV rocket, despite the UK retailer posting a decline in profits and sales, after the group pledges a return to profit for 2012 and 2013.

HSBC Holdings Plc generated a return on shareholders' equity of 10.9 percent during 2011 and it expects that by the end of 2012 it will develop a clear route towards meeting its target of 12-15 percent by the end of 2013.

John Lewis, the employee-owned co-operative, has reported significant sales growth for the week ending 28 April.

BNP Paribas reports first quarter profit rise following its stake in Klepierre sale and a a rebound in fixed-income trading revenue.

Disappointed fans with 'Mass Effect 3' ending are protesting against BioWare with 'Operation Tsunami' Campaign later this month, riding on the support from HTL members.

Shareholders at British insurer Aviva and Trinity Mirror are the latest in a line of stockholders that vehemently oppose high executive compensation packages

Last month, S&P's Ratings Services raised its long-term and short-term corporate credit ratings of Rolls-Royce Plc to 'A/A-1' from 'A-/A-2' and said the group's outlook is stable. The rating was upgraded after the strong operating, financial performance and stable cash flow generation by British aerospace group.