Archive for September, 2012

Wholesale reform of Libor is needed in order to restore the credibility of the international benchmark, FSA managing director Martin Wheatley said today. Releasing his report on the future

UK oil and gas giant BP Plc (LON:BP) said on Friday it had signed a deal to

US medical technology company Medtronic Inc (NYSE:MDT) has struck a deal to acquire Chinese orthopaedic products maker China Kanghui Holdings (NYSE:KH) for a net USD755m (EUR583.8m), the companies

The new economy has seen the rise and fall of many businesses that often started with a good and innovative idea but that failed because of

The UK economy is expected to rebound in the third quarter, after official figures showed today that GDP contracted by less than previously thought in the second quarter. In

British telecommunications major Vodafone Group Plc (LON:VOD) on Thursday said it would incur costs of some GBP500m (USD810m/EUR628m) related to the integration of Cable & Wireless Worldwide plc

Bahrain-based investor Gulf Finance House (GFH) on Thursday said its fully-owned unit GFH Capital Ltd had inked an exclusive deal to head and arrange the takeover of Leeds

UK shoppers enjoy using their mobile devices for a variety of purposes and shopping is increasingly becoming one of their favourites, according to a new study.. The study from

UK-based group ICAP plc's (LON:IAP) shipping arm, ICAP Shipping, said on Thursday that it had purchased Indian dry, tanker and sale and purchase broking specialist CTI Shipbrokers (India)