Fine china and glasswork maker Waterford Wedgwood has called in a receiver -- the British equivalent of bankruptcy.
Fine china and glasswork maker Waterford Wedgwood PLC has called in a receiver - the British equivalent of bankruptcy.
The falling value of the pound against the euro might be good for British exporters, but for the country's football clubs it's a kick in the teeth.
Trading on the London Stock Exchange was halted for most of Monday because of a computer fault, interrupting a surge in share prices as markets reacted to a U.S. mortgage bailout.
English club Birmingham City have released a statement to explain why co-owner and managing director were interviewed by police in a corruption probe.
Russian billionaire Alisher Usmanov issued a statement to the London Stock Exchange on Thursday confirming his Red and White Holdings company" has no current intention to make an offer" for Premier League Arsenal.
British retailer Marks & Spencer says it experienced flagging sales in the run-up to Christmas and issued a gloomy outlook for 2008, sending its share price plunging by a fifth.
Northern Rock PLC will hold accelerated takeover discussions with a consortium led by Virgin Group, the battered mortgage lender said Monday
Standard Chartered is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalization.
This week's business news from the Middle East: Borse Dubai responds to LSE's merger with Italian stock exchange; Kuwait hospitality group buys UK bakery chain; Doha property company signs deal for exclusive French hotel; first direct flight from Middle East to South America.
Fine china and glasswork maker Waterford Wedgwood has called in a receiver -- the British equivalent of bankruptcy.
Fine china and glasswork maker Waterford Wedgwood PLC has called in a receiver - the British equivalent of bankruptcy.
The falling value of the pound against the euro might be good for British exporters, but for the country's football clubs it's a kick in the teeth.
Trading on the London Stock Exchange was halted for most of Monday because of a computer fault, interrupting a surge in share prices as markets reacted to a U.S. mortgage bailout.
English club Birmingham City have released a statement to explain why co-owner and managing director were interviewed by police in a corruption probe.
Russian billionaire Alisher Usmanov issued a statement to the London Stock Exchange on Thursday confirming his Red and White Holdings company" has no current intention to make an offer" for Premier League Arsenal.
British retailer Marks & Spencer says it experienced flagging sales in the run-up to Christmas and issued a gloomy outlook for 2008, sending its share price plunging by a fifth.
Northern Rock PLC will hold accelerated takeover discussions with a consortium led by Virgin Group, the battered mortgage lender said Monday
Standard Chartered is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalization.
This week's business news from the Middle East: Borse Dubai responds to LSE's merger with Italian stock exchange; Kuwait hospitality group buys UK bakery chain; Doha property company signs deal for exclusive French hotel; first direct flight from Middle East to South America.
Shares in troubled mortgage lender Northern Rock rose on the London Stock Exchange Tuesday, following the British government's vow to guarantee all its savings deposits.
Nasdaq Stock Market has given potential bidders for its 31 percent stake in the London Stock Exchange until Friday to express interest in the stake, according to media reports Monday.
European shares notched up a seventh consecutive day of gains on Monday in their longest rising stretch in almost nine months on a day of holiday-thinned trade.
U.S. stock market Nasdaq said on Monday it plans to explore selling its 31 percent stake in the London Stock Exchange Group PLC.
Nasdaq is abandoning its £797 million ($1.58 billion) stake in the London Stock Exchange, five months after its takeover bid failed. Instead it will focus on buying Nordic exchange operator OMX.
Stocks looked to continue their rally in the early going, building on the gains seen after the Federal Reserve's decision to cut a largely symbolic interest rate late last week, along with gains Monday in overseas markets and better than expected results from Lowe's, a major home improvement retailer.
Stocks were poised to slide Friday as investors returned their focus to a backup in Treasury yields.
Borsa Italiana has backed a 1.6 billion euro ($2.15 billion) takeover by London Stock Exchange, sources close to the situation said on Friday, bringing closer a deal that could boost the LSE's own bid defenses.
U.S. stocks looked set to recover Thursday from a sell-off that dragged the Dow industrials and broader S&P 500 down more than 1 percent each yesterday.
The London Stock Exchange is in talks over a possible merger with Borsa Italiana, in its latest attempt to head off expansion of the combined New York Stock Exchange and Euronext.
Former Thai prime minister Thaksin Shinawatra confirmed on Tuesday that he has approached Manchester City about a possible takeover bid for the English Premier League club.
Blue chips led a broad stock market rally Tuesday, as investors welcomed takeover talk about Alcoa, a rebound in commodity shares and an upgrade of GM.
Stocks were mixed in early trade Monday as a smattering of mixed corporate deal news and a steep drop in oil prices helped the Dow but techs struggled over concerns with chip prices.
3i is one of the world's leading venture capital and private equity firms with offices and business interests in Europe, the U.S., China and South-East Asia.
Manchester United trebled their profits to £30.8 million ($60.4 million) in the year to June 2006 despite failing to qualify for the lucrative Champions League group stages.
Stocks had trouble finding momentum early Tuesday as investors waited to take cues from the Federal Reserve policy statement due in the afternoon.
A rebound in overseas stocks could help U.S. markets get back on track Tuesday after their first losing day in more than a week.
Wall Street got off to a slow start after an unusually heavy morning of multi-billion dollar merger announcements failed to spark a rally.
The telecom industry hasn't been kind to resellers - companies that lease phone lines and other assets from the big telephone companies and then repackage that service to customers. Earlier this year, Disney said it would shutter Mobile ESPN, a reseller of Sprint's wireless phone service.
[HIT] Getting Sirius. Everyone from the competition to the media to Wall Street ridiculed Sirius Satellite Radio for spending $500 million to land Howard Stern--but the King of All Fart Jokes seems...
British engine maker Rolls-Royce posted a 22-percent rise in underlying profit before tax on Thursday helped by cost reductions and growth in its after-market service business.
After mounting one of the largest initial public offerings in history, Russian state-owned firm Rosneft's first day of trading on the London Stock Exchange should have been a thriller.
SAN FRANCISCO (Business 2.0 Magazine) - The U.S. tech-IPO market may be the latest victim of overzealous regulation.
Small companies going public are facing more and more obstacles in the United States, prompting venture capitalists to look to London.
What's driving the stock exchange merger binge?
Q I'm looking to retire in a couple of years. How long would $600,000 last me if I withdrew $31,000 annually? --Paul Caron, location withheld
Wigan midfielder Jimmy Bullard has agreed to join English Premiership rivals Fulham at the end of the season in a £2.5 million ($4.5 million) deal.
AS ANY LONDONER WITH A LICK OF sense will tell you, house prices in the British capital--up 200% over the past decade--are overdue for a correction. And thanks to the miracle of modern derivatives ...
Despite a see-saw performance during the final trading week of 2004, the Dow Jones industrial average and the tech-heavy Nasdaq-100 are both likely to log gains for the year that end Friday.
A better-than-expected weekly report on employment activity Thursday could provide some lift to stocks Thursday as investors also await an update on regional manufacturing activity.
A positive report on the health of the consumer Tuesday may be the impetus investors need to get the year-end rally back on track after stocks stumbled in the previous session on global concerns and prolonged weakness in the dollar.
U.S. stocks on Monday looked set to carry on the momentum from last week's rally on Wall Street, although markets overseas were roiled by the earthquake that devastated parts of Asia over the weekend.
West Bromwich Albion plan to sell a quarter of their first-team squad to cut costs, chairman Jeremy Peace said on Monday.
Businesses still have a long way to go to convince workers and customers of their commitment to corporate social responsibility, according to recent research.
Manchester United have paid agents fees of £13.4m ($24.20m) on top of transfers totalling £158m during the last three years.
American sport tycoon Malcolm Glazer has increased his stake in English Premier League side Manchester United.
Royal Dutch/Shell Group, who have been embroiled in a dispute about overstated oil and gas reserves, said Wednesday that its chairman Sir Philip Watts had resigned.
Debt-ridden Leeds United failed to reach a new agreement with creditors but continued to negotiate with a consortium interested in taking over the club.
A cannabis-based medicine for multiple sclerosis sufferers could be available on prescription in Britain by the summer, according to its manufacturer.
Leeds United say they are in discussions with potential new owners as they seek to avoid going into financial administration.
You've heard it enough: Financial markets are global. So one day you read about a cool-sounding Finnish mobile-Internet software company that's just gone public on the Helsinki exchange, and you de...
For ready reference during this tour of foreign markets, we offer a glossary:
Another shock wave from London's Big Bang: The London Stock Exchange has decided to close its trading floor, probably by early next year, and to consider new uses for the space. British traders hav...
European companies being denationalized by conservative British and French governments also offer investors a way to benefit from the dollar's slide. Says Thierry de la Villehuchet, an analyst in N...
The capitalist road still looks like yellow brick to governments around the world. In December, Britain, which has already returned $10 billion of assets to the private sector since 1981, sold off ...
The spectacular showing by international mutual funds over the past two years has taught many Americans that the world of investments doesn't begin and end on Wall Street. As the graph below shows,...
AMERICAN-STYLE investing is catching fire in Europe. ''Everywhere you look there's an avarice for shares,'' says Roger Hornett, director of European research at the London brokerage house of James ...
Mutual funds had an exhilarating ride in the great bull market of 1985. Total assets of U.S.-based funds reached an estimated $495 billion, up from $371 billion in 1984. Equity fund assets rose 27....
The global trading race is on. The New York Stock Exchange and the London Stock Exchange started talks to hook up joint trading between their floors, perhaps 24 hours a day. The Big Board is consid...
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