Royal Bank of Scotland has defended plans to pay £588m in staff bonuses despite suffering an £8.24bn loss in 2013 as it slumped into the red for the sixth successive year.
February 28, 2014
February 27, 2014
Tesco: Who says it's hard to make home delivery profits?
Tesco has piled the pressure on its rivals to state whether they make any money from their online operations after the UK's biggest supermarket said its groceries home delivery business made a massive £127m profit last year.
February 26, 2014
JP Morgan to cut 8,000 jobs in mortgage and retail
JP Morgan announced it will cut 8,000 jobs in its mortgage and retail banking sections as those businesses continue to shrink.
February 25, 2014
Google's Schmidt to give the world a $1 million tech upgrade
Google executive chairman Eric Schmidt plans to dole out $1 million to companies around the world to help them upgrade their communication technology.
February 24, 2014
Apple, Samsung Again Fail to Settle U.S. Patent Case
Apple Inc. (AAPL) and Samsung Electronics Co. (005930) told a judge they again failed to settle their dispute over smartphone technology, with their next trial in federal court in California set to begin March 31.
February 23, 2014
Shell in $2.6bn Australia asset sale
Oil giant Royal Dutch Shell has agreed to sell its Australian downstream business to oil trading firm Vitol for $2.6bn (£1.6bn).
February 22, 2014
Richard Branson insists he will be aboard first Virgin Galactic space flight
Richard Branson has reiterated his plan to fly with his children on the inaugural flight of his long-planned commercial space operation, Virgin Galactic, despite the relatively untested nature of the technology and a departure date which has slipped repeatedly.
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