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- Former Banco Espírito Santo head detained
Ricardo Salgado, former executive chairman, questioned as part of investigation into alleged tax evasion and money laundering and released on €3m bail
Posted on 25 July 2014 | 8:42 am
- RBS shares jump on profit update
State-owned lender sees ‘bumpy road ahead’ as it deals with legacy issues in spite of rise in first-half pre-tax profits under new chief Ross McEwan
Posted on 25 July 2014 | 8:04 am
- KKR steps up in-house investments
Buyout group’s quarterly earnings per share of $0.62 per was slightly below consensus analyst estimates of $0.65
Posted on 24 July 2014 | 11:19 pm
- Nasdaq earnings boosted by acquisitions
Exchange operator’s shares rise as revenues in the second quarter rise 16% to $523m in spite of low trading volumes
Posted on 24 July 2014 | 10:37 pm
- Lloyds to pay up to £300m Libor fines
UK bank will be the seventh financial institution to be fined as a result of investigations into the scandal over benchmark manipulation
Posted on 24 July 2014 | 7:52 pm
- 'Youngsters' pocket money squeezed'
The economic recovery in the UK has not been felt by youngsters who have seen their pocket money fall in the last year, a survey suggests.
Posted on 25 July 2014 | 11:14 am
- UK economy back at pre-crisis level
The UK economy grew 0.8% in the second quarter and has now recovered the ground lost since the downturn began in 2008, according to official figures.
Posted on 25 July 2014 | 11:09 am
- BSkyB pays £5bn to create Sky Europe
BSkyB wants to take over Rupert Murdoch's pay TV companies in Germany and Italy in a move that would create a company with 20 million European viewers.
Posted on 25 July 2014 | 10:53 am
- RBS reports surprise rise in profit
Royal Bank of Scotland says it expects pre-tax profits of £2.65bn for the first half of the year but warns of 'bumps in the road ahead'.
Posted on 25 July 2014 | 10:32 am
- McDonald's halts nuggets sales in HK
Fast-food chain McDonald's suspends sale of chicken nuggets in Hong Kong over the out of date meat scandal at a Chinese supplier.
Posted on 25 July 2014 | 2:36 am
- UK Economy Emerges From Six-Year Downturn
The UK's economic output is now greater than its pre-crisis peak in 2008 but not everyone is feeling the effects of the recovery.
Posted on 25 July 2014 | 11:19 am
- RBS Confirms 92% Profits Boost A Week Early
The state-backed lender puts aside more cash to pay for mis-selling, but still banks £2.7bn of pre-tax profit in its first half.
Posted on 25 July 2014 | 11:15 am
- BSkyB Unveils Plan For European Pay-TV Giant
A £5.3bn deal to buy Sky Italia and a majority of Sky Deutschland will create a pay-TV leader in five European markets.
Posted on 25 July 2014 | 10:49 am
- Amazon Bleeds Value After Posting $126m Loss
The internet retail giant rakes in more than $19bn in a quarter and still does not make a profit - and it's all Amazon's choice.
Posted on 25 July 2014 | 6:42 am
- UK Economic Depression To Be Declared 'Over'
The Office for National Statistics is expected to confirm the economy has surpassed its size at the start of the 2008 recession.
Posted on 25 July 2014 | 6:18 am
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