Search This Blog

June 09, 2015

FIFA crisis? Not with the world's first $1 billion soccer brand

It's not winning on the pitch but Manchester United has claimed another title: The world's most valuable soccer brand.

June 08, 2015

June 06, 2015

Lloyds hit by record £117m fine over PPI handling

State-backed Lloyds Banking Group has been fined a record £117m by the City watchdog for mis-handling payment protection insurance (PPI) complaints.

June 05, 2015

Royal Mail stake to be sold off, George Osborne announces

The government's remaining 30% stake in the Royal Mail is to be sold and £3bn cut from government spending this year,
George Osborne has said.

June 04, 2015

Big six energy firms face price call from Energy Secretary Amber Rudd

The major energy suppliers in the UK are facing pressure from the new government over their prices. Energy Secretary Amber Rudd has spoken and written to the "big six" suppliers to question them about whether prices are reflecting companies' costs.

June 03, 2015

100,000 Walmart managers get a raise

Walmart, which started raising worker pay in April, will hike the wages of 100,000 managers by as much as 26%.

June 02, 2015

Intel snaps up rival Altera in $16bn deal

The world's biggest chipmaker, Intel, has agreed to buy smaller rival Altera in a $16.7bn (£10.9bn) deal. Intel said it would pay $54 a share for the firm, 10.5% higher than the level Altera's shares closed at on Friday.