COMPANIES

Shares in British banks were up on the FTSE 100 in morning trading after Lloyds Banking Group gave an update on its business review.

Shares in Lloyds Banking Group were up on the FTSE 100 in morning trading after the group announced details of its business review.

Newscorp have long been known to be ready to sell the struggling site and the sale price was just 6% of the $580m (£360m) it paid for the then biggest name in social media in 2004 - and was well short of the $100m (£62m) it was reportedly looking for.

Shares in Betfair were down on the FTSE 250 in morning trading after the group reported a rise in revenue and pre-tax profit in the full year ended 30 April.

Shares in British banks were up on the FTSE 100 in morning trading as Greece looked set to pass a series of austerity measures aimed at preventing a default.

Shares in Stagecoach were down on the FTSE 250 in morning trading after the group reported a rise in pre-tax profit in the full year ended 30 April.

Tokyo Electric Power, better known as Tepco, has been at the centre of Japan's nuclear problems since the deadly earthquake and tsunami in March, as it failed to control a meltdown at its Fukushima nuclear plant.

Shares in Carpetright were down on the FTSE 250 in morning trading after the group reported a fall in pre-tax profit and dividends in the full year ended 30 April.

Shares in British banks were broadly up on the FTSE 100 in morning trading after France promised action aimed at putting off a Greek default.

Shares in Standard Chartered were up on the FTSE 100 in morning trading after the group reported a "strong" first half of the year.

Shares in HMV were down on the FTSE in morning trading after the group announced the sale of its business in Canada.

Shares in British banks were broadly up on the FTSE 100 in morning trading despite the ongoing debt crisis in Greece.

Shares in Ocado were down on the FTSE 250 in morning trading after the food delivery company reported a return to profit in the half year ended 15 May.

The hotel-chain Travelodge today released a letter to its customers revealing that a recent hack on its networks may have granted hackers access to their credit card details.

A lawsuit filed this week has revealed that a fortnight before the initial hack on Sony's PlayStation Network, the company fired several employees of the unit responsible for its network security.

Aviva yesterday confirmed that it had agreed to sell RAC Limited to the Carlyle Group for one billion pounds.

Shares in British banks were up on the FTSE 100 in morning trading as concerns about the eurozone and Chinese economies were eased.

Nearly a month after Sony's PlayStation Network service restarted, the service is still down in Japan, with a recent news update giving no clear date when the PSN service will resume.

The hacking collective LulzSec has openly denied its involvement in any of the alleged "Ryan Cleary revenge attacks" recently reported in the media.

LulzSec last night broke its silence, claiming responsibility for successful hacks on U.S. Arizona law enforcement, the attack is the latest cyber raid carried out in the name of the group's ongoing Operation Anti-Security campaign.

Shares in Berkeley were up on the FTSE 250 in morning trading after the housebuilder reported a rise in pre-tax profit in the full year ended 30 April.

Since the arrest and court appearance of alleged LulzSec hacker Ryan Cleary, despite its claims that he is not a member, LulzSec's Operation Anti-Security hacking rampage has slowed down, with the collective taking on a more aggressive, ominous tone, promising to unveil the results of its first assault this Friday.

Upon hearing that British police have charged Ryan Cleary for involvement in numerous cyber attacks and hacks, hacker collective LulzSec has released a fresh barrage of tweets maintaining that the 19-year-old is in no way connected to it.

A former key player in the creation and launch all three versions of Sony's PlayStation 3 consoles has predicted that in just ten-years iPhone and iPad maker Apple will own the world's games industry.

In an interview with IndustryGamers Microsoft's interactive entertainment business COO and CFO Dennis Durkin reiterated his belief that Sony's PSN hacking plight has led to a united games industry ready to work together in its efforts to combat the world's growing cyber threat.

Shares in Micro Focus International were down on the FTSE 250 in morning trading after the technology company reported a rise in pre-tax profit in the full year ended 30 April.

Shares in British banks were broadly down on the FTSE 100 in morning as gloom about the global economy descended on the market.

Shares in Dixons Retail were down on the FTSE 250 in morning trading after the group reported a drop in pre-tax profit in the full year ended 30 April.

The Metropolitan Police last night confirmed that the alleged LulzSec hacker Ryan Cleary has been charged with offences contrary to Computer Misuse Act.