Warren East is blunt about the challenge he faces in reviving Rolls-Royce, Britain's premier engineering company, which is reeling from five profit warnings in 20 months.
Europe's banks are barely increasing lending because they are still weighed down by bad loans, the European Banking Authority (EBA) said, warning that the burden is greatest on the smallest lenders.
US shops and consumers are gearing up for this holiday shopping season, as online retailer Amazon continues to reshape what's a key six weeks for the retail industry.
Dermot Desmond will challenge Ladbrokes's and Coral's agreement to pay their partner Playtech €106 million, in a bid to have the pair's €3.3 billion merger put to a second shareholders' meeting.
Jaguar and Land Rover, the luxury car making arm of Tata Motors, on Tuesday announced that it is going to double the size of its Engine Manufacturing Centre (EMC) in the United Kingdom as part of a �450-million expansion programme.