The outlook for corporate profits is getting worse, and it's not just about the battered energy sector.
Living standards have been thrust to the centre of the general election campaign as official figures showed Britain is undergoing the slowest recovery since the 1920s and GDP per head still remains lower than levels before the recession.
Elliott Advisors has accused Alliance Trust of using scare tactics to repel its proposed shake-up of the investment company and has stepped up its attack on chief executive Katherine Garrett-Cox.
The following top 32 firms will face off in 8 groups of four, with the top 2 from each group going through to the next round.
You may be wasting your time.
Reshaping the firm.
When a customer spends £2,500 on a bag so tiny that it just about fits their keys, cards and lipstick, a certain kind of shopping experience is usually expected: plush cream carpets, deferential one-on-one service and a tissue-wrapped purchase handed over in a glossy store bag.
JPMorgan executives have been deposed and thousands of pages of internal documents subpoenaed as part of a U.S. investigation into the bank’s asset-management unit, according to people familiar with the situation.
HSBC is falling short on its agreement with the U.S. to clean up operations after clients laundered drug money and did business with terrorist regimes, according to two people familiar with a report from the bank’s monitor.
Bank of America Merrill Lynch has hired Marcus Hiseman from Morgan Stanley as head of corporate debt capital markets for Europe, Middle East and Africa (EMEA), according to an internal memo seen by Reuters on Monday.
Sir Martin Sorrell, the chief executive and founder of advertising giant WPP, has launched a passionate defence of his controversial £63m bonus deal in the wake of last week’s explosive start to the annual general meeting season.
The world’s biggest oil producers will huddle in Doha on Sunday in a rare off-scheduled meeting where discussion about what they can do to staunch the continued global surplus of crude oil that’s weighed on prices for nearly two years.
Banks, miners, energy groups and building materials specialists are among companies in shareholders’ sights as discontent mounts over exorbitant pay deals for boardroom bosses.