Bosses at Royal Bank of Scotland's US business will receive a payout worth $9m (�5.5m) between them when the taxpayer-owned bank begins to sell off the unit this week.
The pound rose this week to a two-year (GUKG2) high versus the euro as Scotland voted to keep the U.K.'s 307-year-old union intact, dousing concern a separatist win would delay Bank of England plans to raise interest rates.
SEOUL (Reuters) - Hyundai Motor (005380.KS) and two listed affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four board members of the companies told Reuters.
This week, British manufacturer of sports and racing cars Lotus Cars has announced up to 325 job losses, representing about one quarter of its global workforce.
A rush to buy high-powered vacuum cleaners to beat an EU ban helped push UK retail sales higher in August. The Office for National Statistics (ONS) said it measured a surge in sales last month as new rules meant that from September 1, companies were ...