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HSBC

HSBC points to improved profits and $7bn capital raising

HSBC has reported pre-tax profit of $17.2bn for 2017, compared with $7.1bn the year before but below the $19.7bn expected by analysts.

David Burrows
Deutsche

Deutsche Bank shares rise amid reports of further redundancies

Deutsche Bank is reported to be making around 500 employees redundant from its investment banking operation.

James Hester
Photo of share price ticker board

PM update: Reckitt Benckiser shares slump, European shares drift, new Arsenal-Emirates deal inked

Mid-afternoon there was a number of chunky FTSE 100 share price falls

Adrian Holliday
KFC

KFC UK closes most of its restaurants on supply issues

KFC has closed around 750 out of its 900 strong UK outlets owing to supply issues that meant it ran out of chicken.

James Hester
citibank

Citigroup boss gets 48% salary boost to $23m

The boss of banking firm Citigroup has been given a 48% rise taking his salary to $23m for helping to turn round the company’s fortunes.

Richard Reed
McColl’s

McColl´s shares fall over supply glitch

Shares in UK-listed retailer McColl’s fell sharply on Monday after the company revealed how the collapse of a major supplier was impacting sales.

James Hester
Gibson

Rock legend guitar-maker Gibson could face bankruptcy

Electric guitar maker Gibson – beloved of rock musicians the world over – is facing bankruptcy, according to reports.

Richard Reed
snap

Snap CEO Spiegel sells $50m-worth of shares

Evan Spiegel, CEO of messaging app Snap, sold $50m-worth of his own shares last week just days after the company reported better-than-expected results.

Richard Reed
reckittB

Reckitt Benckiser shares slide after flat revenues in 2017

Consumer goods producer Reckitt Benckiser was the worst performer on the FTSE 100 on Monday after the company reported flat like-for-like revenue growth in 2017

Neil Dennis
growth

Global dividends hit record levels in 2017 with more to come

Corporate dividend payments reached a new high in 2017 thanks to the robust global economic recovery and rising business confidence

Neil Dennis
amplats

Anglo American Platinum resumes dividend as debt eases

Global mining group Anglo American announced its Johannesburg-listed platinum division would reintroduce a cash dividend following its full-year earnings as it reduced net debt and increased return on capital

Neil Dennis
Photo of durex packets

AM update: Durex-maker sales fail to lift, Nikkei surges, gold up

The part-finish of the Asian holiday break released some strong performances earlier

Adrian Holliday
Richard Howson, former Chief Executive, answering questions at a joint hearing of the Commons Business, Energy and Industrial Strategy Committee and the Work and Pensions Committee at Portcullis House in London

Carillion’s investors saw writing on wall

Kiltearn Partners, an investment firm that owned 10% of the now-defunct Carillion, sent evidence to MPs saying it considered suing Carillion following its profits warning last summer.

Claire Hunte
Side mirror of car with view of other cars behind

US update: Stocks stutter on Mueller indictment, trade shield for steel mulled by White House, dollar firms

The markets closed higher Friday but pared gains after news that Special Counsel, Robert Mueller, handed down indictments to 13 Russians and three companies he said conspired to meddle in US elections.

Claire Hunte
Toys R Us

Toys R Us could be facing end of the line

A £15m VAT bill could force troubled retailer Toys R Us into administration by the end of the month, throwing 3,000 people out of work, unless a rescue deal is found.

Richard Reed




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