- Lundbeck fined ?94m for 'pay for delay' deals to rivals @ Financial Times - 1 hour 37 minutes ago
European regulators have fined Lundbeck, the Danish pharmaceutical company, ?94m for paying rivals to delay cut-price competition for one of its antidepressant medicines. The action - which Lundbeck said ...
- IBM looks beyond the IT department for fresh growth @ Financial Times - 1 hour 37 minutes ago
After decades spent perfecting the art of selling to specialist IT buyers in the corporate and government worlds, IBM has decided to try something new. High on its calling card these days: the marketing, ...
- UK chipmaker Imagination tries to allay fears after profits fall @ Financial Times - 1 hour 51 minutes ago
Imagination Technologies, the designer of microchips used in Apple's iPhone, said that it had not lost a single licensing deal to a competitor as it tried to allay analysts' concerns about falling profits. ...
- BT chief Livingston to be trade minister @ Financial Times - 2 hours 0 minutes ago
BT boss Ian Livingston is to replace Lord Green as trade minister after five years as chief executive of the British telecoms group. Gavin Patterson, who has headed the telecom group's retail business, ...
- Nokia jumps on Chinese bid talk @ Financial Times - 2 hours 1 minute ago
Merger speculation in the telecommunications sector intensified with talk of bid interest from China for Finnish mobile equipment and network group Nokia. Huawei Technologies, which specialises in networking ...
- Sprint falls and Dish rises on deal news @ Financial Times - 2 hours 16 minutes ago
Sprint Nextel shares fell in early trading on Wednesday after news broke that Dish Networkdid not revise its offer for the wireless provider, leaving SoftBank to proceed with its $21.6bn proposal. Sprint ...
- Big Steel has become a very big problem for China @ Financial Times - 2 hours 16 minutes ago
Even by China's standards, Wuhan Iron & Steel is enormous. As we drive along the four-lane highway beside the 22 square-kilometre site - with its eight blast furnaces, hot and cold rolling mills, port ...
- EU probes SAS's ?400m credit facility @ Financial Times - 2 hours 17 minutes ago
Scandinavian airline SAS is being investigated by Brussels' competition watchdog to determine whether the ?400m revolving credit facility (RCF) that it was granted by Sweden and Denmark is in breach of ...
- Costly lesson for energy groups in Australia LNG projects @ Financial Times - 2 hours 19 minutes ago
The most surprising thing about the liquefied natural gas projects under construction on the central coast of Queensland is not their size, complexity or cost. The UK's BG Group and Australian groups Origin ...
- Pottery brand Denby cracks the Chinese market @ Financial Times - 2 hours 20 minutes ago
UK-based ceramics manufacturer Denby has made China one of its fastest-growing markets for tableware sales, in an audacious expansion into the manufacturing powerhouse. As recently as 2010, barely 2 per ...
- Recruitment Diary: sport helps women to lead @ Financial Times - 2 hours 21 minutes ago
?Tracksuits outSport helps to develop leadership skills in female executives and their ability to motivate teams, according to an Ernst & Young global survey of 821 senior managers and executives (40 per ...
- Hermès challenges LVMH's 'illicit' stakebuilding @ Financial Times - 2 hours 23 minutes ago
Hermès International, the Paris-based luxury goods group, has stepped up the pressure on LVMH, its unwelcome shareholder, by filing a legal compliant aimed at nullifying the derivative contracts that allowed ...
- Ofcom to probe clash between BT and BSkyB over channel sharing @ Financial Times - 2 hours 38 minutes ago
Ofcom, the broadcasting regulator, has opened an investigation into BSkyB's refusal to let BT carry two of its key sports channels, in a sign of growing tensions between the two companies. The move comes ...
- Sweden raises $3bn in Nordea stake sale @ Financial Times - 2 hours 44 minutes ago
Sweden launched the biggest privatisation in western Europe since 2009 as it sold SKr19.5bn ($3bn) worth of shares in Nordea, the Nordic region's biggest bank. The government in Stockholm now owns 7 per ...
- Consumer giants shun food labelling system to help health choices @ Financial Times - 2 hours 50 minutes ago
Attempts to introduce a new standardised system of food labelling in the UK have been undermined after several consumer giants said they would not participate. Only an estimated 60 per cent of foods will ...
- Springer Science: turning a page @ Financial Times - 2 hours 56 minutes ago
The people at Springer Science + Business Media must have done something terrible in an earlier life to have to endure their third leveraged buyout in a decade. The first, in 2003, coincided with the German ...
- Local brands in pursuit of global recognition @ Financial Times - 2 hours 57 minutes ago
Unless you have been living in a world where you reject the notion of product identities, you are a sucker for brands. You may not be aware of it, but branding is why you bought the Financial Times today. ...
- Darty insists it is on road to recovery as losses narrow @ Financial Times - 3 hours ago
Darty insisted that it is on the road to recovery, after the electrical retail chain narrowed its annual pre-tax losses by two-thirds and pressed ahead with its turnround plan. The struggling retailer, ...
- PRA to expose £26bn bank funding gap @ Financial Times - 3 hours ago
The top City regulator is poised to unveil the previously secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds and Barclays set to account ...
- Cocktail of woe for Chinese equities @ Financial Times - 3 hours ago
Chinese equities have fallen to their lowest for six months amid a cocktail of concerns over growth, housing and a potential credit crunch. Can the authorities act to to improve the environment for investors? ...
- Charges alleging ?560m Finmeccanica bribery go to trial @ Financial Times - 4 hours ago
The trial opened on Wednesday of the former chief executive of Finmeccanica, Italy's state controlled defence and industrial conglomerate, and the former head of its AgustaWestland subsidiary, who are ...
- Investors opt for safety ahead of Fed meeting @ Financial Times - 4 hours ago
Wednesday 14.50 BST: Equities are are a little lower and high-grade government bonds have climbed fractionally as investors make their positions as secure as possible ahead of Wednesday's meeting of the ...
- FedEx plans more capacity cuts @ Financial Times - 5 hours ago
FedEx, the express parcel and logistics operator, said it would make further capacity cuts and would see only modest profitability gains in the coming year as it continued to suffer from a sluggish global ...
- Royal Mail seeks injunction against postal workers' delivery boycott @ Financial Times - 5 hours ago
Royal Mail is seeking a high court injunction against the Communication Workers Union after postal workers voted by a large majority to boycott deliveries of rivals' mail and oppose privatisation. In a ...
- Tata Motors attempts to jump start Nano sales with revamp @ Financial Times - 6 hours ago
Tata Motors rolled out a revamped version of its Nano car on Wednesday, one of eight model upgrades, as the brand looks to stem a chronic slide in sales and market share. The group, India's biggest carmaker ...
- Nathan Tinkler offloads Whitehaven Coal stake @ Financial Times - 7 hours ago
Nathan Tinkler has disposed of his holding in Australian miner Whitehaven Coal to a group of creditors, as the former billionaire looks to pay off debts and launch new ventures from a base in Singapore. ...
- 'New News Corp' makes muted stock market debut @ Financial Times - 7 hours ago
The publishing company created by the split of Rupert Murdoch's News Corp made a muted stock market debut on Wednesday. The class B voting shares of the "new News Corp', trading on the Australian ...
- Neville Richardson resigns from non-executive role at M&S Bank @ Financial Times - 8 hours ago
Neville Richardson, an architect of the fateful merger of the Co-operative Bank and Britannia building society that led to the mutual requiring a bailout, has resigned from a subsidiary of HSBC amid criticism ...
- Hennes & Mauritz second-quarter profits miss analyst predictions @ Financial Times - 9 hours ago
Hennes & Mauritz's earnings failed to meet analyst expectations as the Swedish fashion retailer blamed the strong krona and big IT investments. The world's second-largest clothes retailer reported second-quarter ...
- Miners help limit FTSE 100 losses @ Financial Times - 10 hours ago
London's mining stocks helped the FTSE 100 hold steady on Wednesday, with bargain hunting in the heavily-weighted sector standing out in quiet, pre-Fed trade. London's main equities index slipped just ...
- SEC considers changes on wrongdoing @ Financial Times - 14 hours ago
The Securities and Exchange Commission is considering requiring some defendants to admit wrongdoing when they have engaged in "egregious misconduct", abandoning a decades long policy. In a memo ...
- Liberty Global plans to put assets on the table in bid for Kabel @ Financial Times - 16 hours ago
Liberty Global is structuring a bid for Germany's largest cable group that offers assets instead of cash in the hope of overcoming regulatory opposition to its proposed ?7.5bn putative bid for Kabel Deutschland. ...
- Dish Network bows out of Sprint bid @ Financial Times - 17 hours ago
Dish Network said it would not submit a revised offer for Sprint Nextel on Tuesday - a move that clears the way for SoftBank to proceed with its $21.6bn offer for 78 per cent of Sprint. Dish had a Tuesday ...
- Royalty rise tests Brazilian mining relations @ Financial Times - 18 hours ago
Brazil's president Dilma Rousseff on Tuesday launched a mining bill that proposes to potentially double royalties in a move that will test strained relations with investors. But the long-awaited proposal, ...
- New Duke chief signals change from Rogers' era @ Financial Times - 19 hours ago
Lynn Good, the new chief executive of Duke Energy, has signalled a change of management style from her predecessor, Jim Rogers, who attracted attention for his outspoken positions on energy policy and ...
