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Business News
Exxon abandons exploration well in Porcupine basin off Kerry coast - Irish Times
Irish Times
Exxon abandons exploration well in Porcupine basin off Kerry coast
Irish Times
An Exxon spokesman confirmed “there are no plans at present for further drilling in Irish waters”. Photograph: Reuters. Barry O'Halloran. Topics: Business · Economy · Public finances · Barry O Halloran · Muna Muleya · Tony O Reilly · Atlantic Petroleum · ENI ...
Drilling dismay hits Providence ResourcesTelegraph.co.uk
Failure to strike oil hits ProvidenceFinancial Times
Providence Resources: Evidence of oil at Dunquin bodes well for rest of ...Proactive Investors UK
Reuters UK -ShareCast -RTE.ie
all 20 news articles »
Categories: Business News
Three walk free as iSoft case is filed under 'embarrassing' - The Times (subscription)
The Times (subscription)
Three walk free as iSoft case is filed under 'embarrassing'
The Times (subscription)
After seven years, two trials and a £5 million bill, the City's financial regulator has had to abandon the prosecution of three former directors of iSoft. An embarrassed Financial Conduct Authority said that it had dropped its case against Timothy Whiston, John ...
City watchdog suffers setback as iSoft retrial wrecked by blunderThis is Money
iSoft's former directors trial collapsesBBC News
FCA abandons high-profile prosecutions in iSoft caseFinancial Times
Reuters -The Guardian -Bloomberg
all 17 news articles »
Categories: Business News
Government 'massively underestimating' UK's digital economy - The Independent
The Guardian
Government 'massively underestimating' UK's digital economy
The Independent
Britain's digital economy has been massively underestimated by the Government, according to a new report, which found that it is around 40 per cent larger than previously believed. There are almost 270,000 digital companies in the UK, according to a new ...
Digital company 'hotspot' in AberdeenScotsman
High-tech firms miss out on investment as Government underestimates digital ...This is Money
UK has more digital firms than thought, NIESR reportsBBC News
The Guardian -Financial Times -Telegraph.co.uk
all 23 news articles »
Categories: Business News
China Travel Agency in Glaxo Probe Used by Sanofi, Roche - Bloomberg
CBC.ca
China Travel Agency in Glaxo Probe Used by Sanofi, Roche
Bloomberg
Sanofi (SAN), Novartis AG, Merck (MRK) & Co. and Roche Holding AG worked with the same travel agency under investigation by Chinese authorities as part of a probe of GlaxoSmithKline Plc (GSK) over allegations of bribery and corruption. Sanofi, based in ...
Glaxo Says Executives May Have Broken Chinese LawNew York Times (blog)
GlaxoSmithKline admits some staff in China involved in briberyThe Guardian
AstraZeneca employee detained in ChinaTelegraph.co.uk
Reuters UK -Daily Mail -Financial Times
all 209 news articles »
Categories: Business News
Heathrow airport cuts airline tariff demands - Reuters UK
Telegraph.co.uk
Heathrow airport cuts airline tariff demands
Reuters UK
By Rhys Jones. LONDON | Tue Jul 23, 2013 12:51am BST. LONDON (Reuters) - London's Heathrow airport has moved to appease airlines by offering to reduce a hike in landing fees it is seeking to charge between 2014 and 2019. As part of a proposed new ...
Airlines reject Heathrow offer on airport chargesFinancial Times
London's Royal Borough of Heathrow to Mimic Denver Hub-SwapBloomberg
London's Heathrow airport cuts airline tariff demandsEconomic Times
Businessweek -Telegraph.co.uk -BBC News
all 25 news articles »
Categories: Business News
Baby boom to fuel housing crisis - Inside Housing
Telegraph.co.uk
Baby boom to fuel housing crisis
Inside Housing
A surge in births in England between 2001 and 2011 will mean millions of people struggle to find housing when they reach adulthood in the 2020s, according to a report out yesterday. The National Housing Federation says England is not building enough ...
First-time buyer house prices will increase by 42% by 2020The Independent
House prices and rent in England to surge by 2020, warns reportThe Guardian
Nearly four million under-35s will be forced to live with their parents as 40 per ...Daily Mail
Telegraph.co.uk -MyFinances.co.uk -Morning Star Online
all 21 news articles »
Categories: Business News
VIDEO: GlaxoSmithKline admit fault in China
GlaxoSmithKline employees detained by Chinese police on suspicion of bribing doctors
Categories: Business News
Britain fleshes out contested mortgage guarantee scheme - Reuters UK
The Guardian
Britain fleshes out contested mortgage guarantee scheme
Reuters UK
LONDON | Mon Jul 22, 2013 10:50pm BST. LONDON (Reuters) - Chancellor George Osborne will meet lenders and house builders on Tuesday to flesh out how a state-backed scheme to guarantee mortgages for risky borrowers will work when it comes into ...
George Osborne seeks to follow up Help to Buy successFinancial Times
UK Housing-Market Program Not Open for Second HomesWall Street Journal
Credit history will bar many from £12bn scheme for homebuyersThe Guardian
Bloomberg
all 7 news articles »
Categories: Business News
High-frequency trader fined in transatlantic clampdown - Financial Times
euronews
High-frequency trader fined in transatlantic clampdown
Financial Times
US and UK authorities have used beefed-up powers to punish a small high-frequency trading firm for attempting to rig commodity markets, in a sign that authorities are looking to team up to crack down on market abuse. On Monday the US Commodity Futures ...
New Jersey Firm Is Fined $2.8 Million for a High-Speed Trading FeintNew York Times
UK and US regulators fine trader Michael Coscia $3m for 'manipulation of oil ...The Independent
US 'spoofing' trader faces $4.5 million in penaltiesAFP
The Times (subscription) -BBC News -Telegraph.co.uk
all 43 news articles »
Categories: Business News
UPDATE: ReNeuron puts funding fears to bed - Proactive Investors UK
The Times (subscription)
UPDATE: ReNeuron puts funding fears to bed
Proactive Investors UK
ReNeuron (LON:RENE) has resolved its cash concerns for the foreseeable future after raising £33mln through a placing and a grant from the Welsh government. A number of new heavyweight investors have come on board, including Invesco, Abingworth and ...
Welsh move puts stem cell team on path to growthThe Times (subscription)
ReNeuron raises £33m as losses widenScotsman
Stem cell company ReNeuron relocates to WalesTelegraph.co.uk
BBC News -ShareCast -WalesOnline
all 18 news articles »
Categories: Business News
Investors Should Check Up on Audits - Wall Street Journal
Telegraph.co.uk
Investors Should Check Up on Audits
Wall Street Journal
Over to you. The U.K. competition watchdog has weighed into the debate around audit quality, proposing a requirement that FTSE 350 companies put audit services out to bid every five years. But the regulator also wants to “promote shareholder engagement ...
Audit giants attack 'box-ticking exercise'Scotsman
Competition Commission urges shakeup of accountancy marketThe Guardian
Audit remedies fail to please Big Four's criticsFinancial Times
CFO World UK -Reuters -Accountancy Age
all 34 news articles »
Categories: Business News
Glaxo's China woes keep pressure on FTSE - Reuters UK
Economic Times
Glaxo's China woes keep pressure on FTSE
Reuters UK
By Simon Jessop. LONDON | Mon Jul 22, 2013 6:46pm BST. LONDON (Reuters) - The FTSE 100 ended slightly lower on Monday, weighed by GlaxoSmithKline's problems in China, but remained close to a retest of seven-week highs. Glaxo, the FTSE 100's ...
Randgold rises as investors seek bargainsFinancial Times
Most UK Stocks Fall After Four Weeks of AdvancesBloomberg
FTSE 100 fades as Chinese scandal hits Glaxo sharesProactive Investors UK
Citywire.co.uk -Reuters -iNVEZZ
all 16 news articles »
Categories: Business News
Bumi shares drop in first day of trading after suspension - Telegraph.co.uk
Telegraph.co.uk
Bumi shares drop in first day of trading after suspension
Telegraph.co.uk
The FTSE stock fell 8.6pc, or 22.3p, to 237p in its first full trading day since April, when it was suspended over the company missing a deadline to publish its financial results. That delay came as Bumi was ordered by its auditors to verify that contracts at a ...
Bumi shares see turbulent return to tradingFinancial Times
Market report: Bumi dips as trading ban ends and punters scramble for the exitEvening Standard
Bumi returns to trading after three-month suspensionShareCast
Businessweek -iNVEZZ -CITY A.M.
all 13 news articles »
Categories: Business News
VIDEO: Jessops: A snapshot of the High Street
The changing face of the High Street store Jessops reveals an interesting snapshot of how today's High Street is shaping up.
Categories: Business News
Nicole Farhi saved from administration - The Guardian
The Guardian
Nicole Farhi saved from administration
The Guardian
The upmarket British fashion label Nicole Farhi has been saved from administration after being bought by Maxine Hargreaves-Adams, the daughter of Matalan founder John Hargreaves. The sale includes all six stores, nine concessions in the UK and Ireland, ...
Nicole Farhi sold to Maxine Hargreaves-AdamsReuters
Family business roundup: Hancock secures investment, Hermes results, Matalan ...Campden FB
Nicole Farhi sold to retail boss Maxine Hargreaves-AdamsBBC News
The Independent -Scotsman -The Times (subscription)
all 16 news articles »
Categories: Business News
Markit: UK households upbeat about finances - MyFinances.co.uk
WalesOnline
Markit: UK households upbeat about finances
MyFinances.co.uk
The latest Markit Household Finance Index shows the slowest deterioration in UK household finances for two years with savings under less pressure and the outlook improved. Markit reports improvement in household finances as pay grows · Markit reports ...
Gloom lifts as consumers feel more confident about financesTelegraph.co.uk
Britons less worried about finances but divisions widen, surveys showReuters UK
Families still feeling the financial pressure but like the weather the outlook is ...This is Money
Fresh Business Thinking -RTT News
all 6 news articles »
Categories: Business News
Daniel Loeb makes £520m profit from sale of Yahoo! shares as he quits board - Telegraph.co.uk
Telegraph.co.uk
Daniel Loeb makes £520m profit from sale of Yahoo! shares as he quits board
Telegraph.co.uk
Mr Loeb is departing along with fellow directors Michael Wolf and Harry Wilson and selling two thirds of Third Point's 60m share holding in Yahoo! back to the company. The hedge fund began building up the holding - representing about 5pc of the company's ...
Third Point sells down Yahoo holdingFinancial Times
Loeb's Two Achievements at YahooWall Street Journal
Billionaire Dan Loeb Sells Most Of His Yahoo Stock, Makes $1 BillionForbes
Bloomberg -MarketWatch -Reuters
all 61 news articles »
Categories: Business News
Gloom lifts as consumers feel more confident about finances - Telegraph.co.uk
Telegraph.co.uk
Gloom lifts as consumers feel more confident about finances
Telegraph.co.uk
Households are the least downbeat about their finances in at least four-and-a-half years amid signs that house prices are back on the increase and workplace conditions are improving, a report has found. Just over one quarter of people said their budgets ...
Families still feeling the financial pressure but like the weather the outlook is ...This is Money
all 2 news articles »
Categories: Business News
UBS second-quarter profit beats forecasts despite US mortgage suit settlement - Reuters
Bloomberg
UBS second-quarter profit beats forecasts despite US mortgage suit settlement
Reuters
By Katharina Bart. ZURICH | Mon Jul 22, 2013 8:30am EDT. ZURICH (Reuters) - UBS's second-quarter profit beat forecasts even though it agreed to settle a lawsuit with the U.S. housing regulator over the mis-selling of mortgage-backed bonds, boosting ...
UBS settles Sfr700m mortgage mis-selling claimsTelegraph.co.uk
UBS agrees to pay millions to settle US mis-selling caseEvening Standard
UBS settles mortgage case for $745 millionCNNMoney
Financial Times -Bloomberg -Reuters UK
all 30 news articles »
Categories: Business News
'Made in Britain' push for John Lewis? - Aol Money
This is Money
'Made in Britain' push for John Lewis?
Aol Money
John Lewis boss Andy Street claims he wants to hike the number of British-made products - including a big push with textiles - sold by the retailer by 15% to £550m. Street has set a threshold of 2015 to meet this target. What's behind the Made in UK interest?
John Lewis plots 15% growth for UK-made goodsProfessional Jeweller
John Lewis to 'repatriate' textile manufacturing in made in Britain pushTelegraph.co.uk
John Lewis plans UK factory switchshropshirestar.com
London Loves Business -Drapers -International Supermarket News
all 11 news articles »
Categories: Business News