Finance news

Subscribe to industry newsletters

Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.

Share us

Advertise with us
Advertise & RatesMy Account
Company press officeList company
Recruitment packagesSubmit job ad
Download ratecard


YouTube resists WIN's music streaming ultimatum

LONDON, UK: The independent music trade organisation said YouTube had refused to withdraw threats over the company's plans to launch a music streaming service, despite 24 hours of negotiations.

26 May 2014 09:06


Murdoch targets creation of pan-European pay TV company

LONDON, UK: Media mogul Rupert Murdoch launched an ambitious bid to create a pan-European television company to tackle fierce competition, rapid sector consolidation, and aggressive bidding wars for live football rights.

13 May 2014 09:56


Vodafone expands European empire with Ono takeover

LONDON, UK: Vodafone has agreed to buy Spanish cable firm Ono as the British mobile phone company stepped up its expansion in Europe using the proceeds from the sale of its US joint venture stake.

18 Mar 2014 07:10


Candy Crush empire worth up to US$7.6bn?

LONDON, UK: King Digital Entertainment, the British developer behind the wildly-addictive mobile game Candy Crush, said that it could be valued at up to US$7.6bn in its eagerly-awaited upcoming flotation.

13 Mar 2014 07:48


Vodafone India buys spectrum licences for £1.9bn

LONDON, UK: Vodafone's Indian division has bought spectrum licences for £1.9bn tapping deeper into emerging markets amid tough trade in Europe.

17 Feb 2014 09:45


Dry weather in Brazil drives up coffee price

LONDON, UK: The price of coffee rose to the highest levels for months on Tuesday, 4 February 2014, because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter.

5 Feb 2014 09:01


Further IT glitch hits UK bank customers

LONDON, UK: Britain's Lloyds banking group apologised on Sunday, 26 January, after many of its debit card customers were left unable to access their money following a server glitch.

27 Jan 2014 07:42


Tesco reports falling sales over key Christmas period

LONDON, UK: Tesco said that group sales dripped by 3.2% during the all-important Christmas trading period, dealing a fresh blow to Britain's biggest retailer.

10 Jan 2014 06:26


Technology companies call on US to reform surveillance laws

LONDON, UK: At least eight leading US-based technology companies have called on Washington to overhaul its surveillance laws following revelations of online eavesdropping by fugitive US intelligence whistle-blower Edward Snowden.

10 Dec 2013 06:56


RBS admits to decades of under-investment

LONDON, UK: The head of Royal Bank of Scotland admitted on Tuesday (3 December) that it had failed to invest in its information technology systems for decades, after a glitch left customers of the state-rescued bank unable to access cash for three hours.

4 Dec 2013 07:46


Vodafone's after tax earnings of £17.95bn

LONDON - British mobile phone giant Vodafone said Tuesday that it surged back into first-half profit on a huge taxation credit, and pledged to invest after the sale of its US division.

13 Nov 2013 08:58


Vodafone now owns Kabel Deutschland

LONDON, UK: British mobile phone company Vodafone said Monday, 14 October, that the group has now completed its €7.7bn purchase of Kabel Deutschland.

15 Oct 2013 06:40


Eight arrested over e-theft from Barclays in London

LONDON, UK: British police said they have arrested eight men after a gang stole £1.3m from Barclays bank by taking control of a branch computer system.

23 Sep 2013 08:07


UK arrests 12 over 'cyber plot' to steal from Santander bank

LONDON, UK: British police said they have arrested 12 men over a "sophisticated" plot to remotely take control of a computer at a branch of Santander bank and steal millions of pounds.

16 Sep 2013 05:13


Spur's earnings up 22.4% to 156.64c

Spur Corporation has reported a 22.4% rise in diluted headline earnings per share to 156.64c, up from 127.95c a year ago, for the year to June‚

13 Sep 2013 08:38


Jaguar Land Rover to create 1,700 jobs in UK

LONDON, UK: Indian-owned luxury carmaker Jaguar Land Rover said on Tuesday (9 September) that it will create 1,700 jobs at a plant in central England in a £1.5bn investment.

10 Sep 2013 12:57


Retail banking: Mortgages, loans and credit cards top consumer online queries

LONDON, UK: Analysis of the latest quarterly online search data for the retail banking sector from leading independent digital marketing agency, Greenlight, reveals queries pertaining to mortgages dominated consumer searches in July.

6 Sep 2013 07:10


Vodafone and Verizon in US$130bn mega-deal

LONDON, UK: Verizon on Monday, 2 September said that it had agreed to buy Vodafone's 45% in Verizon Wireless from the British company for US$130bn.

4 Sep 2013 06:48


Consumer searches for insurance at their highest

LONDON, UK: Consumer online searches for insurance have been at their highest yet this year, reveals the latest report from leading independent digital marketing agency, Greenlight.

29 Aug 2013 08:36


AstraZeneca buys US cancer drugs firm

LONDON, UK: AstraZeneca said on Tuesday (27 August) that it has agreed to buy US-based cancer drugs company Amplimmune, as the Anglo-Swedish pharmaceutical group seeks to bolster its flagging pipeline of new products.

28 Aug 2013 09:01


EasyJet deal rankles founder

LONDON, UK: EasyJet is likely to go ahead and buy 135 Airbus single-aisle A320 passenger planes even though EasyJet's founder and biggest shareholder, Stelios Haji-Ioannou, said on Monday (1 July) that he would vote against this plan.

2 Jul 2013 09:21


Penguin, Random House unite

LONDON, UK: British publisher Pearson and Germany's Bertelsmann have completed a deal to create a publishing firm, Penguin Random House, the parent groups announced on Monday (1 July).

2 Jul 2013 09:06


Google boss says company is doing 'right thing' on tax

LONDON, UK: Google boss Eric Schmidt insisted on Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for countries not companies to decide tax policies.

23 May 2013 10:14


Google branded as 'evil' by lawmaker

LONDON - A senior British lawmaker on Thursday (16 May) described Google as "evil" and accused the US internet company of unethically avoiding paying vast amounts of tax in Britain.

17 May 2013 08:11


Britain to stop aid to SA in 2015

LONDON, UK: Britain announced on Tuesday (30 April) that it will cut off direct aid to South Africa in 2015, citing its status as Africa's biggest economy as the reason for the decision.

2 May 2013 09:17


Colds and flu boost Reckitt Benckiser

LONDON, UK: British household goods and drugs firm Reckitt Benckiser on Monday (22 April) posted higher first-quarter sales, boosted by a prolonged colds and flu seasons in North America and Europe.

23 Apr 2013 07:49


Google 'justifies' not paying taxes

LONDON, UK: A top Google executive on Monday (22 April) insisted that the company's "key" role in developing Britain's electronic commerce should be taken into account in the row it faces over its controversial tax arrangements.

23 Apr 2013 06:32


Britain's manufacturing output up

LONDON, UK: British manufacturing output rebounded in February, data showed on Tuesday, dampening speculation that the economy slid back into recession in the first quarter, analysts said.

10 Apr 2013 09:43


People with secret bank accounts exposed

LONDON, UK: Millions of emails and leaked records from offshore tax havens have exposed the identities of thousands of holders of offshore accounts, including the family of the president of Azerbaijan and French President Francois Hollande's one-time campaign treasurer, The Guardian and Le Monde newspapers reported on Thursday (4 April).

5 Apr 2013 07:35


Prudential's man says profits up 55%

LONDON, UK: British insurance giant Prudential said on Wednesday (13 March) that net profits surged 55% last year, as it was lifted by solid growth in key market Asia.

15 Mar 2013 07:46

Show more