LONDON (ShareCast) - The UK government opted against selling its entire stake in Royal Mail (LSE: RMG.L - news) when shares were trading near a post-privatisation high, in order to avoid breaking a lockup agreement and upsetting City investors.
NEW YORK (Reuters) - British banking company Standard Chartered Plc (STAN.L) will pay a $300 million (180.52 million pounds) penalty and suspend or exit some important businesses after failing to weed out risky transactions that could be linked to money ...
Scotland-based hydrocarbons explorer Cairn Energy Plc has said it in talks with Indian authorities to amicably settle a tax dispute dating back to when it listed its India unit in 2006.
PERSIMMON has hiked first-half earnings by 57 per cent before exceptional items and revenue by a third as the housebuilder played down suggestions the market is starting to slow.
THE chief executive of Wood Group has said the Scottish oil services giant sees opportunities to make further acquisitions in the UK where the company is enjoying what it called robust business.