Branston Pickle Is Gobbled Up By Japan

Iconic British brand Branston Pickle brand is being sold to a Japanese firm in a deal worth £92.5m. The proposed sale to Mizkan also includes other Branston products such as ketchup, relish, salad cream and mayonnaise. Premier Foods, which also owns...

00.25 | 0 komentar | Read More

Gulf Of Mexico Spill Costs BP More Than $38bn

The Gulf of Mexico oil disaster has cost BP more than $38bn (£23.7bn) to date, the company has said, as it promised to raise its dividend. The energy firm said its third quarter results included a charge of $59m (£36.8m) related to the Deepwater...

00.25 | 0 komentar | Read More

Apple Sheds Two Top Execs In Shake-Up

Apple has overhauled its management team and announced that two top executives are to leave the company. John Browett, the head of retail, is out after just six months in the job and Scott Forstall, the long-serving head of its iPhone software development...

00.25 | 0 komentar | Read More

Strike-Hit Mining Firm Plans $800m Rights Issue

South African miner Lonmin has said it plans to raise $800m (£498.6m) in a rights issue after violent strikes hit output. The world's third-largest platinum miner said production slumped by over 45% in the last three months after a long period of unrest,...

00.25 | 0 komentar | Read More

Ocado Customers Compensated After Failure

Online grocer Ocado has apologised to customers and promised compensation after a systems outage forced it to cancel thousands of deliveries. The company blamed an "operational failure" at a warehouse but could not say exactly how many people were affected....

00.25 | 0 komentar | Read More

Eurozone Crisis: Spain's GDP Shrinks By 0.3%

Spain's economy has continued to shrink, according to official figures, as the government's harsh austerity measures take their toll. The country's GDP contracted by 0.3% between July and September, slightly better than the 0.4% drop of the previous...

00.25 | 0 komentar | Read More

UBS 'Rogue Trader': We Were Pushed to Limit

Alleged rogue trader Kweku Adoboli who is accused of gambling away £1.4bn has given jurors his account of how the losses unfolded. The 32-year-old denies committing Britain's biggest ever fraud while working for Swiss bank UBS during the global financial...

00.25 | 0 komentar | Read More

Nuclear Power: Hitachi Buys Newbuild Project

Britain's nuclear expansion plans have been boosted after Japan's Hitachi signed a £700m deal that will enable the UK to start building the next generation of power plants. The engineering giant is buying Horizon Nuclear Power, which has the rights...

00.25 | 0 komentar | Read More

New York Storm: Wall Street Looks To Reopen

New York stock markets look set to reopen on Wednesday, after Hurricane Sandy ripped through the East Coast. Flooding in the financial district closed Wall Street for two days - the first time the New York Stock Exchange (NYSE) has been shut for...

00.25 | 0 komentar | Read More

UBS Cuts Thousands Of UK Jobs Amid Restructuring

UBS has confirmed it is cutting 10,000 jobs as it looks to drastically shrink its ailing investment bank which has a large presence in London. Switzerland's biggest bank announced the plans as part of its third-quarter results which revealed a loss...

00.25 | 0 komentar | Read More