Blackberry to explore sale of firm
10:16pm 12 August 2013
Blackberry announces that it has formed a committee to explore options for the business, including a possible sale of the company.
Steinway receives new buyout offer
09:52pm 12 August 2013
Steinway Music Instruments receives a new takeover offer valuing the company at $477m, beating a previous offer from Kohlberg & Co.
The Pru should set new targets
09:36pm 12 August 2013
Success of targets in shaping group’s approach and investor attitudes is plain: the share price has almost doubled since the objectives were set out
US banks subpoenaed over metals probe
09:03pm 12 August 2013
Queues have helped drive up cost premiums to record levels, angering consumers from Coca-Cola to General Motors
Freddie Mac spends $2bn on market share
08:48pm 12 August 2013
US Treasury demands changes in how company sells loans to investors. However, move faces opposition from some large fund managers
Diageo paid former boss £14.8m
08:22pm 12 August 2013
The former chief executive of Diageo, Paul Walsh, earned £14.8m in his final year at the drinks giant, according to the firm's annual report.
Norway blocks Apple map flights
08:13pm 12 August 2013
Apple is refused permission to take aerial photos over the city of Oslo to create 3D imagery for its map app.
Stansted staff plan holiday strikes
08:10pm 12 August 2013
Workers who scan baggage at Stansted Airport are to strike over the bank holiday weekend later this month in a row over pay.
Pru Asia revamp would make split easier
08:07pm 12 August 2013
UK-based insurer acknowledges that changes will make it easier to separate Asian business which is profiting from demand from growing middle class
Mexico opens oil sector to investment
07:31pm 12 August 2013
After 75 years, Mexico is opening up its nationalised oil sector to private investment in a bid to boost growth and fund new projects.
VIDEO: Bid to raise water bills criticised
07:29pm 12 August 2013
Thames Water has asked its regulator, Ofwat, for permission to raise prices, leading to criticism from the Consumer Council for Water.
Bernanke bailout gets no thanks from Hank
07:27pm 12 August 2013
Fed chief ordered to testify in a lawsuit accusing him of behaving like a flunky in a banana republic by helping to steal AIG from investors
Campbell Soup in talks to sell some European brands to CVC
07:15pm 12 August 2013
(Reuters) - Campbell Soup Co said it was in final talks to sell some of its brands in Europe to private equity firm CVC Capital Partners as it focuses on its core North American soup and meal...
SAC Capital's Parameter Capital trading group closes - sources
06:53pm 12 August 2013
NEW YORK (Reuters) - An affiliated fund of Steven A. Cohen's SAC Capital Advisors shut down last week as the $14 billion (£9.05 billion) hedge fund begins to shrink in the wake of a criminal...
Pukka Pies founder dies aged 83
06:51pm 12 August 2013
Trevor Storer the founder of Pukka Pies has died peacefully at home aged 83, a spokesman said.
Grains jump as US trims crop forecasts
06:41pm 12 August 2013
The forecast crop would be a record, up 28 per cent from the 2012 US drought year, but was well short of analyst expectations of almost 14bn bushels
G4S jumps on activist investor stake
06:38pm 12 August 2013
Cevian Capital, Europe’s largest activist hedge fund manager, revealed it had taken a 5.11 per cent stake in G4S, valued at about £176m
G4S jumps on activist investor stake
06:38pm 12 August 2013
Cevian Capital, Europe’s largest activist hedge fund manager, revealed it had taken a 5.11 per cent stake in G4S, valued at about £176m
Silver leads China-based metals rally
06:24pm 12 August 2013
Surge higher comes amid a widespread repositioning in metals markets, on the back of stronger than anticipated Chinese data for July
AUDIO: Business confidence at two-year high
06:03pm 12 August 2013
BDO partner Peter Hemington explains why businesses are more confident than any time since the spring of 2011.
BlackBerry rises but US indices stay flat
05:57pm 12 August 2013
The S&P 500 has moved sideways in the past month in light trading, 0.9% higher than its July 12 level but 1% off its August highs
Firms 'must recruit more UK workers'
05:30pm 12 August 2013
Labour urges firms to "do their bit" to ensure they recruit more workers from the UK, but the coalition says the party lacks credibility on the issue.
VIDEO: Silicon Alley's first billionaire
05:25pm 12 August 2013
Jon Oringer, 39, founded 10 companies before he hit on the idea for Shutterstock, the successful stock-photo website that has made him Silicon Alley's first billionaire.
BT passes 1 million subscriber mark for sports channels
05:13pm 12 August 2013
LONDON (Reuters) - More than 1 million households have signed up to take the new sports service from Britain's telecom operator BT in what it said was an endorsement of the strategy to use pay-TV to...
CVC nears deal for Campbell Soup arm
05:08pm 12 August 2013
Buyout group makes firm offer to buy the European business based in Puurs, Belgium, as the US food group seeks to expand in faster-growing markets
Sterling strength is unlikely to last
05:03pm 12 August 2013
If Mark Carney succeeds in forcing a divergence between monetary policy in the UK and the US, the consequences for sterling could be profound
EuroCCP cuts settlement fees for UK stocks
05:00pm 12 August 2013
Clearing house in small step to more efficient equity trading in Europe, allowing investors to net transactions across all venues for which it clears
British shares pause, lag continental peers
04:49pm 12 August 2013
LONDON (Reuters) - Britain's top shares index closed fractionally lower on Monday as profit takers sold airlines and technical traders cashed in on signs of fading conviction among buyers....
Yen falls after GDP misses forecasts
04:29pm 12 August 2013
The yen weakens after growth data show that Japan’s government has more to do, while the dollar begins the week a little stronger
Ryanair pilots group wants safety inquiry
04:23pm 12 August 2013
DUBLIN (Reuters) - Pilots at Europe's biggest low-cost airline Ryanair feel inhibited from reporting safety concerns and want regulators to establish the impact on safety of its employment practices...