Broadcaster ITV acquires production firm So Television
British broadcaster ITV Plc (LON:ITV) said it had purchased production company So Television for a maximum price of GBP17m (USD27m/EUR21.5m), as part of plans to boost its capability in the…
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Domino’s UK arm to acquire Domino’s Pizza Switzerland
Domino's Pizza Group Plc (LON:DOM), which holds the master franchise for US pizza delivery company Domino's Pizza (NYSE:DPZ) in the UK, Ireland and Germany, said today it had agreed to…
Shell’s $400 million Niger Delta security funds better invested on local communities — report
Oil giant Shell has spent almost $400m in three years guarding its installations in the Niger Delta, including maintaining its own 1,200-strong internal ‘police’ force, running a network of plainclothes…
Wet weather keeps shoppers away from Britain’s high streets
There was a decrease in the number of shoppers visiting high streets, shopping centres and out of town retail parks across the UK in the three months to July, according…
UK house prices rise three times the rate of wage inflation
House prices in the UK have continued to stretch further away from the reach of millions of workers, a new study confirmed today. Research from the National Housing Federation shows…
Standard Chartered shares plummet after money laundering allegations
Banking group Standard Chartered plc (LSE:STAN) has seen its share price fall around 24% today after US regulators accused the institution of hiding 60,000 secret transactions for financial institutions in…
HSBC sells ship brokerage and consultancy arm to management
British banking and financial services group HSBC Holdings plc (LON:HSBA) said its fully-owned unit HSBC Bank plc would shed ship broking and consultancy services provider HSBC Shipping Services Limited to…
Euro crisis threatens the existence of the EU — Italian PM
Italian prime minister Mario Monti has warned that the sovereign debt crisis in Europe is not only threatening the existence of the eurozone, but also the European Union itself. Monti…
British banking giant HSBC continues asset disposals
British banking group HSBC Holdings Plc (LON:HSBA) said today it is selling its entire Hungarian unit, HSBC Credit Zrt, to local venture capital firm Central-Fund Kockazati Tokealap without disclosing the…
Online travel agents and hotel group broke competition law, OFT claims
Two online travel firms and a hotel group have been accused of infringing competition law by limiting hotel room discounts. The UK's Office of Fair Trading (OFT) issued a Statement…
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