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Morgan Sindall says construction recession not over
British construction group Morgan Sindall said growing demand for office buildings was helping to offset the impact of government spending cuts on its business, although the constr... -
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Astra pays $198m to settle US Seroquel claims
AstraZeneca has agreed to pay $198m to settle some 17,500 US personal injury claims related to its schizophrenia and bipolar disorder drug Seroquel, the company has announced. The ... -
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UK taxpayer moves into black on bank stakes
British taxpayers are sitting on a 3.5 billion pound ($5.6 billion) paper profit on its stakes in Royal Bank of Scotland and Lloyds after both swung back to profit, driving their s... -
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Hungary to struggle without IMF
Hungary hopes to emulate the few countries that have spurned IMF aid and emerge from crisis on their own, but it is much more likely to follow the example of other crisis-hit EU st... -
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FTSE steady as results mixed; rate decision awaited
Britain’s top share index was little changed early on Thursday as strong results from insurers were offset by disappointing numbers from Barclays and Unilever By 0811 GMT, the ... -
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Versace to get 2010 China sales boost
Italian fashion house Versace expects to post higher sales in 2010 on the back of its restructuring and China’s growing appetite for luxury goods, its chief executive said. In ... -
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Next says consumer slowdown will be modest
Consumer spending in Britain is likely to remain constrained for the foreseeable future, but any slowdown in demand is likely to be modest, the chief executive of fashion retailer ... -
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Romania meets IMF, EU conditions for bailout deal
Romania has met IMF and EU conditions for continuing its €20bn bailout programme, offering some reassurance to investors concerned about the country’s deep and prolonged recess... -
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Outsourcer Mouchel sees tough trading on govt cuts
British outsourcer Mouchel Plc says it expects its full year results to be at the lower end of expectations as government spending cuts create a difficult trading environment. Mouc... -
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Gold miner Kinross to buy Red Back for $7bn
Gold miner Kinross Gold Corp said it will buy the 91 percent of Red Back Mining Inc that it does not already own for around $7bn to create one of the world’s largest gold miners....
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