Result Page 88 for Latest Companies News & Archive

Royal Mail spared tariff controls in Ofcom review

Royal Mail spared price controls by Postal regulator.

Indonesian tobacco farms put thousands of children at risk of nicotine poisoning

Harvesting tobacco leaves can result in children getting green tobacco sickness showing symptoms of severe nausea and vomiting.

Royal Dutch Shell to cut 2,200 more jobs

Oil Crisis: Royal Dutch Shell to sell 51% stake in its Malaysian refining business for $66.3m

Oil giant unveils plans to raise job cuts target by 20% in 2016 to 12,500 amid ongoing weakness in oil prices.

Portuguese-backed consortium launches last-ditch rescue bid for BHS

Former Mothercare director Greg Tufnell reportedly holding talks with BHS administrators.

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Malaysia 1MDB scandal: Swiss regulator approves BSI takeover by EFG but imposes conditions

Swiss regulator wants BSI to be dissolved in 12 months and slaps bank with fine.

Nokia may slash 15,000 jobs globally following Alcatel-Lucent acquisition

There are fears of more lays off after the Finnish telecom giant's merger acquisition of rival Alcatel-Lucent

Deutsche Bank credit rating cut by Moody's

The senior unsecured debt rating of the bank was lowered from Baa1 to Baa2, just 2 levels above junk grade.

Google France Paris HQ raided in £1.2bn unpaid tax probe

Over 100 investigators raid Google's Paris office over €1.6bn in back taxes investigation.

Spotify revenue surges but losses deepen as streaming service ramps up investments

Streaming service posts 80% increase in revenue but losses grow 7% as company looks to fend off competition.

Kingfisher's sales grow in line with expectations despite B&Q closures

B&Q owner posts 3.6% increase in like-for-like sales, driven by strong performance in the UK and Poland.

Alstom wants to put double-decker trains on the HS2 rail line

This line will connect London, Birmingham and Leeds and could be operational in 2026.

Barclays, HSBC, and 10 other investment banks put together have cut their front office staff by 21% since 2011, Coalition reveals

Barclays, HSBC, BNP Paribas and others cut front office staff by 21% since 2011

A study revealed that fixed income, currencies and commodities trading division was the most affected.

Facebook apologises for blocking plus-size model photo ad because it was 'undesirable'

Images of overweight people make viewers 'feel bad about themselves,' said an initial Facebook statement.

BHS' directors and advisers to be questioned by MPs as hearing into retailer's collapse begins

Arcadia chairman Lord Grabiner will appear today before the committees investigating BHS' collapse.

Sir Richard Branson's Virgin Active gym chain to invest £150m to increase its presence in South East Asia

Twenty new gyms to come up in Thailand and between 8 and 10 in Singapore.

EU referendum: Ryanair launches "Fly Home to Vote Remain" bargain sale with prices starting at £15.34

Ryanair fares to fall 7% after airline's profit and forecast miss estimates

Budget airline expects fares to decline 7% amid ongoing lower oil prices as it warns of looming 'fare war'.

Bayer lodges $62bn cash bid to acquire Monsanto

Merger could create world's largest agricultural supplier.

Boeing and VietJet sign $11.3bn deal for 100 airplanes

The deal marks a huge win for Boeing as VietJet has until date only purchased and operated Airbus airplanes.

French insurer Axa to divest its €1.78bn tobacco investments

The announcement coincides with the annual World Health Assembly in Geneva.

BT to begin searching for a successor to chairman Sir Mike Rake at the end of 2016

BT to begin searching for successor to chairman Sir Mike Rake

The 68-year-old chairman will maintain his position until at least September 2017.

Boeing 777X: Factory equivalent to about 21 football fields unveiled in Everett

Boeing 777X: Factory equivalent to 21 football fields and costing $1bn unveiled

The factory will be used to manufacture wings for Boeing 777X, the world's biggest passenger airliner.

Hitachi, Bechtel and JGC team up to build new £10bn nuclear power station in Wales

Hitachi, Bechtel and JGC aiming to build £10bn nuclear power station in Wales

Horizon Nuclear Power will oversee the construction of the new nuclear power station.

Coca-Cola halts production of sugar-based beverages in Venezuela

Coke suspends production due to sugar shortage.

Social Chain: Meet the twentysomethings making a profit by taking over Twitter in the UK

Manchester-based Social Chain employs just 30 people but could make £6m out of Twitter trends and interaction.

London black cabs maker raises $400m to fund development of its hybrid TX5 model

London black cabs manufacturer raises $400m to fund development of its hybrid TX5 model

The zero emissions taxis will hit the roads in 2017.

Tesco Bank CEO said spends more than £18,000 on London taxis in just 8 months in 2015

Tesco Bank CEO spends more than £18,000 on London taxis in just 8 months

These bills amount to more than the annual salary of Tesco supermarket cashiers.

Volkswagen gives staff 4.8% pay rise just months after announcing 'massive cutbacks'

Embattled car maker lifts staff salaries despite facing hefty fines related to emissions scandal.

Eurostar revenue drops as passengers remain cautious after terrorist attacks in Brussels

Eurostar passengers decline 3% in the quarter to March but surge in demand ahead of Euro 2016 football.

LSE and Deutsche Boerse merger raises competition worries says French finance minister

French Finance Minister Michel Sapin says French government is "concerned by proposed deal".

HSBC to shut 24 retail branches in India after review shows customers preferred digital services

HSBC to shut 24 retail branches in India as preference for digital services grows

The move affects 300 workers who are expected to be redeployed by the bank.

Ladbrokes and Gala Coral may need to sell up to 400 betting shops for merger deal to go ahead

Bookmakers may be forced to sell 10% of venues after watchdog rules deal could damage high-street competition.

A basket of flowers hangs near Gap Inc's flagship retail store at the Powell Street cable car turn in San Francisco

Gap to shut 75 stores amid falling worldwide sales

The move comes after the US clothing retailer reported a 5% fall in same-store sales earlier.

'President' Donald Trump apocalypse 'survival kit' is a sellout

The $25 duffle bag includes emergency rations in the event that Trump secures the White House.

In defence of Beyonce's 'sweatshops'

We should not boycott the factory, but expand the options available to poor developing world workers.

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