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Latest City news, markets, finance, economy, stocks and shares from the London Evening Standard
Updated: 10 min 51 sec ago

Hollywood roles help LEGO’s star performance

Wed, 09/08/2010 - 23:09
Toy manufacturer LEGO, famed for its colourful building blocks and elaborate designs, reports a 34% leap in sales to 5.86 billion Danish krona in the first half of the year

Categories: Business

Acquisitions see half-year sales soar at Alliance Pharma

Wed, 09/08/2010 - 22:06
Specialist medicine maker Alliance Pharma says it is enjoying an “outstanding year” as acquisitions help its half-year sales soar 77% to £23.4 million
Categories: Business

Troubled Thorntons set to name new chief executive

Wed, 09/08/2010 - 21:38
Thorntons boss Mike Davies is heading for the door, but a successor is lined up and is likely to be announced shortly
Categories: Business

Foster's turns down $2.5bn bid for wine business

Wed, 09/08/2010 - 20:58
Australian brewer Foster’s rejects a A$2.7 billion offer from an unnamed private equity firm for its wine business, sparking hopes that it could now attract a full-scale takeover bid

Categories: Business

Richemont luxuriates in a 37% revenues leap

Wed, 09/08/2010 - 20:56
Richemont, the group behind posh watches Cartier and Piaget, Montblanc pens and Chloe handbags, showed as its five-month sales beat expectations with a 37% jump in revenues
Categories: Business

Dana: £240m buy puts firm above Korean bid

Wed, 09/08/2010 - 20:53
North Sea oil group Dana Petroleum bought £240million of assets which it says makes it more valuable than last week's £1.87 billion hostile takeover bid from Korea National Oil Corp
Categories: Business

Cape profit jumps 17.5% as it restarts dividend payments

Wed, 09/08/2010 - 20:51
Energy sector support services group Cape posted a 17.5% rise in first-half profits and said it was restarting dividend payments and would look to return to London's main market in 2011

Categories: Business

Barratt says housing market remains tough

Wed, 09/08/2010 - 20:45
Housebuilder Barratt said wider economic fears and the lack of mortgage finance meant the market for new housing was still challenging as it reported a jump in profits
Categories: Business

House prices have stabilised, says Halifax

Wed, 09/08/2010 - 20:41
House prices edged ahead by 0.2% during August as activity in the property market remained subdued, figures show
Categories: Business

BP blames American company for Gulf oil spill

Wed, 09/08/2010 - 20:36
Report by BP says the initial cause of the world’s worst oil spill in the Gulf of Mexico was a “bad cement job” by a US company

Categories: Business

Third of people 'fear rise in interest rates'

Wed, 09/08/2010 - 03:55
Nearly a third of Britons are worried about the impact an interest rate rise would have on their finances
Categories: Business

De la Rue fraud probe launched over 'deliberately falsified' banknote tests

Wed, 09/08/2010 - 03:08
Banknote printing firm De La Rue said it had called in the Serious Fraud Office and braced investors for a £35 million profits blow after 'totally unacceptable' behaviour by some employees
Categories: Business

George Osborne tells Europe: Hands off UK budget rebate

Wed, 09/08/2010 - 00:36
Chancellor George Osborne warns Brussels not to meddle with Britain’s EU budget rebate as he hammers out a new deal to protect the City
Categories: Business

Margaret Cole on board to fire up the City regulator

Tue, 09/07/2010 - 23:59
The FSA moves to beef up its board by appointing Margaret Cole, the heavyweight head of enforcement and financial crime at the City regulator, to its executive team

Categories: Business

Greene King gets a foods sales lift under its belt

Tue, 09/07/2010 - 23:58
Beer sales are stumbling across the country, but Greene King is on the up thanks to its quality food offering
Categories: Business

Consumer goods moving fast at DS Smith

Tue, 09/07/2010 - 22:03
Packaging and office products company DS Smith today said trading in the first quarter was encouraging, helped by progress in the fast moving consumer goods sector
Categories: Business

Genus profits rise on Latin America growth

Tue, 09/07/2010 - 22:02
British animal genetics firm Genus posts a 3% rise in full-year adjusted pretax profit as higher prices drove growth in Latin America

Categories: Business

Oracle hires ex-Hewlett-Packard CEO Mark Hurd

Tue, 09/07/2010 - 21:59
Silicon Valley technology giant Oracle has hired Mark Hurd, the former chief executive of Hewlett-Packard who resigned amid a scandal, as president
Categories: Business

Sports Direct scores with England World Cup shirts

Tue, 09/07/2010 - 21:18
England's World Cup was a flop, but Sports Direct, the biggest seller of the team’s shirts, prospered
Categories: Business
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