HSBC, Europe's biggest bank, said Tuesday that pretax profits were up 4 percent to $7.1 billion in the first quarter from a year earlier, even as it beat back increasing regulatory costs.
Investors in BG Group, the UK-based oil and gas producer, have rebelled against a multimillion pound pay deal for Helge Lund, its new chief executive, after an annual meeting where the chairman admitted misjudging public reaction.
Hewlett-Packard has alleged that Mike Lynch ordered the sacking of Autonomy's finance chief in the United States after he raised questions about accounting practices that the Silicon Valley giant claims were part of a �3.2bn fraud.
Oil scaled fresh heights for the year on Tuesday, topping $68 a barrel, with Saudi Arabia raising official selling prices in response to stronger demand.
Tesco's overhaul in the past year has included the replacement of its finance director. Photograph: AFP/Getty. Sarah Butler · @whatbutlersaw.