Posts Tagged ‘UK’

Terra Firma receives approaches for Odeon cinema chain

Terra Firma, the private equity owner of EMI, is understood to have received a number of approaches for the Odeon cinema chain from private equity groups. View full post on UK Business Stories

SAP ordered to pay Oracle $1.3bn in the biggest-ever award for copyright infringement

SAP, Europe’s biggest software company, has been ordered by a US court to pay Oracle $1.3bn (£820m) in the biggest-ever award for copyright infringement. View full post on UK Business Stories

Ireland will request EU and IMF bailout package

Ireland will request an EU and IMF bailout of up to £80 billion on Monday as it prepares to unveil a four year programme of steep tax rises and deep spending cuts. View full post on UK Business Stories

US poised for more insider trading charges

US authorities are preparing fresh insider trading charges in what could prove one of the biggest investigations in Wall Street’s history, according to US press reports. View full post on UK Business Stories

Profits boost for Arcadia

Sir Philip Green’s fashion empire has revealed higher profits despite difficult conditions on the high street. Related Stories John Lewis reports bumber sales Banks in talks over reducing bonuses Fuel prices push inflation to 3.2% 1,800 more jobs to go at Rok Centrica profits days after hikes View full post on UK Business Stories

GM roars back to stock market in $20bn float

General Motors returns to the stock market today in the biggest flotation in Wall Street history, capping a remarkable comeback for the carmaker. View full post on UK Business Stories

Rolls Royce shares fall again on engine fears

Anxiety over problems with Rolls-Royce’s jet engines saw the company’s shares slip again, shedding 16 to 595p and leaving the company the biggest faller in the FTSE 100. View full post on UK Business Stories

Apple to bring iPhone ads to Europe

The US technology group which has twice delayed iAd’s European launch in recent weeks is set to announce the first brands to use the service in Europe View full post on UK Business Stories

G20 shuns US on trade and currencies

Leaders of the Group of 20 have failed to reconcile their bitter divisions, buying themselves another year to diffuse a conflict over trade imbalances and exchange rates View full post on UK Business Stories

Rogue email ‘costs UBS $10m in GM fees’

A banker at UBS has allegedly cost the Swiss bank an estimated $10m (£6.2m) in fees after he sent an email detailing General Motors’ upcoming flotation to more than 100 people. View full post on UK Business Stories