The Serious Fraud Office (SFO) has opened a criminal investigation into alleged rigging of the foreign exchange market. The director of the SFO announced the organisation is looking into allegations of fraudulent conduct with in the �3 trillion a day market.
Royal Mail has warned that price changes and competition from rivals have hit its parcels business. Parcels revenue was down 1% in the three months to 29 June compared with the same period last year, Royal Mail said.
LONDON (Reuters) - ARM Holdings, the British company whose processor designs power Apple's and Samsung's smartphones, posted a 9 percent rise in second-quarter profit, helped by strong demand to license its technology.
Zinc climbed to the highest price since 2011 after falling inventory and an improving demand outlook spurred speculation that consumption will exceed supply.
But perhaps it was inevitable, considering that Ferrari-driving Philip Clarke's three-and-a-half years as chief executive had been a very bumpy ride.