H&M reports jump in pre-tax profits H&M reports jump in pre-tax profitsSwedish retailer says higher cotton prices have been ‘more or less neutralised' while its new collections are selling well despite tough conditions
Joint bid likely to value Igloo at $3bn Joint bid likely to value Igloo at $3bnBlackstone and BC Partners were the last remaining bidders in the race for the frozen foods maker and owner of the Birds Eye brand in Europe
Phase-in prospect for insurance capital rules Phase-in prospect for insurance capital rulesShares in insurance companies rallied at prospect that life insurers may be allowed to adopt capital requirements for existing policies over as long as seven years
Four banks win case against SFO Four banks win case against SFOThe court ruling will block the Serious Fraud Office from seizing documents for a criminal trial in Italy over derivatives sold to Milan
BAE wins £500m Norway deal BAE wins £500m Norway dealDefence group is to supply Oslo with an upgraded version of its CV90 armoured vehicle in a rare contract success for ailing land division
Commerzbank looks to overturn ruling Commerzbank looks to overturn rulingThe German lender launches second appeal and says that no binding contractual commitment was made to the former Dresdner Kleinwort bankers
Gulf of Mexico oil leases fetch $1.7bn Gulf of Mexico oil leases fetch $1.7bnShell, Statoil and BP account for nearly $1bn of the total paid for drilling rights in a sign of the region's attractiveness for development
UBS fights legal claim by Kuwaiti royal UBS fights legal claim by Kuwaiti royalSuit by Sheikh Meshal Jarah al-Sabah claims the Swiss bank failed to pay him $21.4m for helping secure a $10.7bn corporate deal
Tycoon seeks backers over TNK-BP stake Tycoon seeks backers over TNK-BP stakeRussian billionaire Mikhail Fridman, former chief executive of the joint venture, plans to acquire half of the UK oil group's holding
Danone shares tumble after profit warning Danone shares tumble after profit warningFrench food group reports a ‘swift deterioration' in consumption in Spain and other southern European countries that will hit profits in 2012