US chain Destination Maternity has withdrawn a bid for UK maternity and baby-wear firm Mothercare. In a statement the company said it was clear that "only a very significant increase" in the offer would be acceptable to shareholders.
Rupert Murdoch's 21st Century Fox Inc. is open to giving Time Warner Inc. shareholders seats on the board of the combined company should its $75 billion takeover bid succeed, people familiar with the situation said.
SHARES in Royal Bank of Scotland have soared 11 per cent after it posted better-than-expected results but chief executive Ross McEwan warned there are still significant challenges ahead.
Lloyds Banking Group has admitted it is likely to be the next bank to get hit by the Libor-fixing hammer. The bank said yesterday it was close to settling with �a number of government agencies� over the scandal, with discussions at a �late stage�.
QUESTIONS are being raised about whether pensioners will get the right type of help and support they need from next April when new rules allow them to take all their cash out of their pension.