The marine division has been hammered by the slump in the oil price over recent years and Rolls’ boss Warren East said the time had come to consider whether it would do better under different owne
Hedge funds are betting on the demise of one of Carillion’s biggest rivals after cashing in on the collapse of the once-mighty construction giant.
Cineworld confirmed it was beginning to tap shareholders to raise money to buy Regal, creating the second-biggest cinema group in the world.
The online currency dropped as much as 19 per cent in a fresh trading rout before recovering slightly. Its price has now more than halved since peaking close to $20,000 in mid-December.
Families owe £70bn on their cards, and in a letter to chairmen, the Bank said risks from bad lending ‘remain elevated’. It added that some boards are not getting enough information to spot warn
The stock fell 4.7 per cent, or 33.4p, to 685p, after revealing a drop in sales in its US textbook division as cautious customers put-off spending.
The turnaround specialist could also break up the business in three to five years if its raid is successful. But the plans were met with opposition from critics who called for ministers to intervene
The lender lost £1.4bn in the last three months of 2017 as its bond dealing arm struggled to cope with tougher rules and a shift to automated systems.
The British fashion house stood firm on plans to focus more on luxury goods, as it revealed group revenue fell by 2 per cent in the final three months of 2017.
Here are target prices and projected movements for Nifty, Bank Nifty, Axis Bank, ONGC and Larsen & Turbo
Biotech ETF IBB has been strong in recent months, but short sellers and put buyers are on the move.
Schlumberger, the world’s largest oilfield services company, is set to begin the earnings season for the industry by releasing its December quarter and full year 2017 financial performance on Januar
The yield on the 10-year bond maturing in 2018 fell to 7.22 per cent, from 7.38 per cent on Tuesday
Price Waterhouse has moved the Securities Appellate Tribunal (SAT) against the Securities and Exchange Board of India (Sebi) order which has barred it from taking up audit of listed companies for a pe
The Trefis price estimate for U.S. Steel was recently revised upward, primarily due to changes to the tax rate forecast.
A lot will depend on the company's ability to get traction both in India and abroad for its new launches
E*Trade Financial fared well in 2017, with over 20% growth in revenue in the first 9 months of the year and a more than 40% surge in its stock price over the year. We attribute this growth primarily t
T-Mobile’s impressive growth in the postpaid phone space has helped the company more than triple its stock price over the last five years. The carrier’s postpaid phone market share, as a percentag
SunPower‘s residential business has faced some headwinds in recent years, amid sluggish shipments, particularly to the U.S. market where regulatory uncertainty surrounding net metering and lower ele
'A larger commodity bill - mainly oil - could deteriorate the trade balance anew,' said Radhika Rao, an economist at DBS Bank in Singapore