US chain Destination Maternity has withdrawn a bid for UK maternity and baby-wear firm Mothercare.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.
Time Warner Inc. (TWX) is looking to accelerate growth at HBO by expanding access to broadband customers who don't subscribe to a traditional cable-TV package, according to people with knowledge of the plan.
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.
Yet another blockbuster merger looks to be on the horizon, this time in the construction section with Carillion making advances to Balfour Beatty.
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�.