Balfour Beatty, the UK's biggest construction company, is in talks with rival Carillion about a potential �3.05bn merger. One source said that talks between the two sides are at a "medium" stage but there are still key terms of the combination to be decided on.
Embattled British car parts supplier Unipart Automotive has gone into administration just weeks after it scrambled to secure a rescue deal.
Shares in Kingfisher, the owner of B&Q, tumbled by 8pc on Thursday after the DIY retailer reported falling sales across Europe.
LONDON (Reuters) - GlaxoSmithKline (GSK.L) faces new allegations of corruption, this time in Syria, where the drugmaker and its distributor have been accused of paying bribes to secure business, according to a whistleblower's email reviewed by Reuters.
... * Bank says lawsuit fails to identify any fraud. * No victims, harm or material misstatements established - Barclays (Adds Schneiderman statement, paragraph 5, additional byline and dateline).