British multimedia giant BT posted strong second quarter results as demand for broadband and sports help boost its profits. Earnings before interest and tax were up by 1% to �1.4bn (�1.8bn, $2.2bn) for the company that has recently successfully challenged ...
Shell put arch rival BP in the shade after it rode out oil-price �volatility� and turned to US corporate veteran Chad Holliday to be its new chairman.
U.S. stock futures declined, as data showing faster-than-estimated growth last quarter fueled speculation the economy is be strong enough for the Federal Reserve to raise interest rates sooner than estimated.
National Australia Bank is aiming to chop its Clydesdale and Yorkshire Bank operations off its books and hive it off onto the London stock market after the UK units' raft of costly problems weighed heavily on the parent company's balance sheet.
FRANKFURT Oct 30 (Reuters) - Deutsche Bank is one of several financial firms chosen by the European Central Bank to help carry out its plans to buy asset backed securities, two people familiar with the situation said on Thursday.