Energy giant EDF has been told to pay just one days' profit as punishment for a customer service fiasco. Industry regulator Ofgem fined the firm a token �1, with the rest of the penalty going to charity.
It isn't the forecast but the weather that tells you when to open the umbrella. Janet Yellen opened the Kansas City Federal Reserve annual symposium in Jackson Hole, Wyo.
... * LSE to raise $1.6 bln in 3 for 11 rights issue. * Shares offered at 1,295 pence, 30.1 percent discount. * LSE Q1 operating profit up 36 percent.
The British company behind the Aga has reported a rise in UK sales for their �10,000 cast-iron cooker due in part to the booming house market.
Mario Draghi, the European Central Bank president, has signalled he is becoming increasingly concerned about high unemployment and low inflation in the eurozone by backing calls for countries to be allowed to apply strict rules on government deficits more ...