- BP logs first annual loss since 1992 on oil spill disaster
Crisis-hit BP reported its first annual loss in almost two decades on Tuesday, as a result of the Gulf of Mexico oil spill disaster, and ou...
01 Feb, 2011, 10.52 PM IST
- BP logs first annual loss since 1992 on oil spill disaster
Crisis-hit BP reported its first annual loss in almost two decades on Tuesday, as a result of the Gulf of Mexico oil spill disaster, and ou...
01 Feb, 2011, 08.31 PM IST
- Standard Chartered to raise $ 5.2 bn in rights issue
British bank Standard Chartered PLC surprised the market on Wednesday by asking its shareholders for nearly 3.3 billion pounds ($5.2 billio...
13 Oct, 2010, 04.48 PM IST
- British bank Lloyds soars back into profit
Britain's Lloyds Banking Group bounced back into profit in the first half of the year.
04 Aug, 2010, 07.39 PM IST
- Barclays Q1 profit up 29 percent
British bank Barclays PLC reported Friday that profit rose 29 percent in the first quarter due to fewer bad loans, but its share price slum...
30 Apr, 2010, 04.47 PM IST
- Britain breaks up RBS, Lloyds in big bang for banking
Britain is to force state-rescued banks RBS and Lloyds Banking Group to sell assets in a massive shake-up of the banking sector but will su...
03 Nov, 2009, 06.46 PM IST
- Cadbury revenue up, raising bar for Kraft takeover
British chocolate and gum maker Cadbury PLC on Wednesday upgraded its outlook as it reported a 7 percent rise in third-quarter revenue _ pr...
21 Oct, 2009, 01.20 PM IST
- State-rescued bank RBS mired in bad debts
State-rescued Royal Bank of Scotland reported a five-fold jump in bad debts on Friday, warning they would stay "high for a while" and wrapp...
07 Aug, 2009, 04.50 PM IST
- British Airways suffers record full-year loss
British Airways on Friday reported its biggest full-year loss since the former national airline was privatized in 1987, mainly due to soari...
22 May, 2009, 01.52 PM IST
- Prudential posts loss for 2008, CEO steps down
Prudential PLC on Thursday announced that its chief executive was stepping down as the company fell to a loss of 396 mn pounds ($566 mn) fo...
19 Mar, 2009, 03.16 PM IST
- Rolls-Royce post $ 1.9 bn loss in 2008
Aircraft engine manufacturer Rolls-Royce PLC on Thursday reported a full-year loss of 1.34 bn pounds ($1.9 bn), as unfavorable currency flu...
12 Feb, 2009, 03.56 PM IST
- Vodafone's 1H profit falls 35 per cent
Vodafone Group PLC, the world's biggest mobile phone company by sales, said Tuesday its net profit fell 35 per cent during the first half o...
11 Nov, 2008, 04.48 PM IST
- Britain set to announce rescue package for ailing banks
Britain was set to announce a rescue package for its ailing banking industry before markets open on Wednesday, the day after shares in lead...
08 Oct, 2008, 07.33 AM IST
- Diageo expected to hit full-year profit target
Diageo PLC, the world's largest producer and distributor of alcoholic drinks, is expected to deliver near on-target profit growth when it p...
27 Aug, 2008, 08.09 PM IST
- Gloom descends on British property sector after boom years
Britain's once-booming housing market is slumping and faces the prospect of an even sharper downturn owing to the global credit crunch, acc...
13 Jul, 2008, 08.42 AM IST
- HBOS PLC full-year profit up 3.8 per cent
HBOS PLC, Britain's biggest mortgage lender, reported Wednesday that profit rose 3.8 per cent in 2007 compared to the previous year, despit...
27 Feb, 2008, 03.07 PM IST
- M&S profit soars 40% despite lower sales
Marks & Spencer Group, the UK’s largest clothing retailer, said first-half profit rose 40% on women’s fashions, new food stores and a pensi...
07 Nov, 2007, 02.18 AM IST