H&M reports jump in pre-tax profits

H&M reports jump in pre-tax profits

Swedish 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 $3bn

Blackstone 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 rules

Shares 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 SFO

The 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 deal

Defence 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 ruling

The 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 $1.7bn

Shell, 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 royal

Suit 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 stake

Russian 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 warning

French food group reports a ‘swift deterioration' in consumption in Spain and other southern European countries that will hit profits in 2012
VZMD EuropeanShareholders WFI investo.international investome_logo betterfinance eurofinuse