International Business News - Companies http://ibtimes.co.uk/companies/ All articles are copyrighted by IBTimes.com 400 100 http://ibtimes.co.uk/ http://ibtimes.co.uk/images/top_logo_ibt2_3.gif Chinese regulators have approved Royal Bank of Scotland's (RBS) move to buy an almost twenty per cent stake in Suzhou Trust, sources with direct knowledge of the situation say. http://ibtimes.co.uk/articles/20100627/rbs-suzhou-trust-approval-stake.htm Sun, 27 Jun 2010 10:22:52 EDT Men are much less likely than women to live into their 90s, but those who do have a much lower chance of having Alzheimer's disease or another form of dementia, U.S. researchers said on Wednesday. http://ibtimes.co.uk/data/articleimgs/3736-hands.jpg http://ibtimes.co.uk/articles/20080730/alzheimer-039-disease-men-women-age.htm http://ibtimes.co.uk/articles/20080730/alzheimer-039-disease-men-women-age.htm Wed, 30 Jul 2008 08:12:59 EDT Citigroup posted a smaller-than-expected quarterly loss, despite $11.7 billion (5.9 billion pounds) of write-downs and credit losses tied to deteriorating capital markets and a slumping economy. http://ibtimes.co.uk/data/articleimgs/3935-citibank.jpg http://ibtimes.co.uk/articles/20080718/citigroup-loss.htm http://ibtimes.co.uk/articles/20080718/citigroup-loss.htm Fri, 18 Jul 2008 17:03:37 EDT Invensys Plc said on Friday that it had made a "satisfactory start to the new financial year", with operating performance in the first quarter to 30 June in line with the company's expectations. http://ibtimes.co.uk/articles/20080718/invensys-first-quarter-expectations.htm Fri, 18 Jul 2008 10:56:37 EDT Kier Group Plc said on Friday that it was expecting full year underlying pre-tax profit to be in line with market expectations and ahead of last year's results, but added it would be cutting 350 jobs. http://ibtimes.co.uk/articles/20080718/kier-job-cuts-expectations.htm Fri, 18 Jul 2008 10:50:37 EDT Shareholders in Barclays bank bought only 19 per cent of new shares in the banks recent rights issue, with the remaining shares being taken up by big foreign investors. http://ibtimes.co.uk/data/articleimgs/3931-barclays.jpg http://ibtimes.co.uk/articles/20080718/foreign-investors-barclays-rights-issue-qatar.htm http://ibtimes.co.uk/articles/20080718/foreign-investors-barclays-rights-issue-qatar.htm Fri, 18 Jul 2008 10:48:37 EDT John Lewis said on Friday that weekly sales at its stores increased 5.9 per cent in the week to 12 July, compared with the same time last year. The company said it was in the second week of its clearance sale. http://ibtimes.co.uk/data/articleimgs/3930-john-lewis.jpg http://ibtimes.co.uk/articles/20080718/john-lewis-weekly-sales-waitrose.htm http://ibtimes.co.uk/articles/20080718/john-lewis-weekly-sales-waitrose.htm Fri, 18 Jul 2008 10:47:37 EDT Dairy Crest said on Thursday that its first quarter trading was in line with expectations and that its full year expectations were unchanged. http://ibtimes.co.uk/articles/20080717/dairy-crest-expectations.htm Thu, 17 Jul 2008 10:30:37 EDT Rolls Royce Group said on Thursday that almost $400 million worth of orders for new engines had been placed with the company. http://ibtimes.co.uk/data/articleimgs/3917-rolls-royce.jpg http://ibtimes.co.uk/articles/20080717/rolls-royce-trent-engine-orders.htm http://ibtimes.co.uk/articles/20080717/rolls-royce-trent-engine-orders.htm Thu, 17 Jul 2008 10:30:37 EDT Ashmore Group said on Thursday that its assets under management increased three per cent in the three months to 30 June and added that its full year results were in line with expectations. http://ibtimes.co.uk/articles/20080717/ashmore-assets-quarter.htm Thu, 17 Jul 2008 10:29:37 EDT Retail group Kingfisher Plc said on Thursday it had appointed Kevin O'Byrne as its new Group Finance Director. O'Byrne will take his place as an executive director on the board on 1 October 2008. http://ibtimes.co.uk/data/articleimgs/3916-b-q.jpg http://ibtimes.co.uk/articles/20080717/kingfisher-finance-director-kevin-039-byrne.htm http://ibtimes.co.uk/articles/20080717/kingfisher-finance-director-kevin-039-byrne.htm Thu, 17 Jul 2008 10:27:37 EDT On Thursday Mothercare Plc said its total group sales increased 20.7 per cent in the 15 weeks to 11 July. The baby goods retailer said that it's like for like sales in the period were up one per cent. http://ibtimes.co.uk/data/articleimgs/3915-mothercare.jpg http://ibtimes.co.uk/articles/20080717/mothercare-sales-first-quarter.htm http://ibtimes.co.uk/articles/20080717/mothercare-sales-first-quarter.htm Thu, 17 Jul 2008 10:26:37 EDT Shareholders at midcap bank Bradford & Bingley voted in favour of the troubled banks plan for a £400 million rights issue. http://ibtimes.co.uk/data/articleimgs/3914-bradford-bingley.jpg http://ibtimes.co.uk/articles/20080717/bradford-bingley-shareholders-rights-issue.htm http://ibtimes.co.uk/articles/20080717/bradford-bingley-shareholders-rights-issue.htm Thu, 17 Jul 2008 10:00:37 EDT Thorntons Plc said on Wednesday that its total sales were up 16.8 per cent to £28.6 million in its fourth quarter for the 10 weeks to 28 June. Full year sales were up 11.9 per cent to £208.1 million. http://ibtimes.co.uk/articles/20080716/thorntons-sales.htm Wed, 16 Jul 2008 11:22:37 EDT Building materials firm Wolseley said on Wednesday that its trading profit fell 28 per cent in the 11 months to 30 June. Revenue at the company was up only one per cent in the period. http://ibtimes.co.uk/data/articleimgs/3899-bolts.jpg http://ibtimes.co.uk/articles/20080716/wolseley-profit-trading.htm http://ibtimes.co.uk/articles/20080716/wolseley-profit-trading.htm Wed, 16 Jul 2008 11:20:37 EDT Land Securities said on Wednesday that it made investment property sales of £67.2 million in its first quarter, down 0.2 per cent from its March 2008 valuations. http://ibtimes.co.uk/data/articleimgs/3898-francis-salway.jpg http://ibtimes.co.uk/articles/20080716/land-securities-sales-property-portfolio.htm http://ibtimes.co.uk/articles/20080716/land-securities-sales-property-portfolio.htm Wed, 16 Jul 2008 11:18:37 EDT The Co-operative Group said on Wednesday that had agreed to buy fellow grocery store chain Somerfield for £1.565 billion on a cash-free and debt-free basis. http://ibtimes.co.uk/data/articleimgs/3897-somerfield.jpg http://ibtimes.co.uk/articles/20080716/operative-group-somerfield-takeover.htm http://ibtimes.co.uk/articles/20080716/operative-group-somerfield-takeover.htm Wed, 16 Jul 2008 09:49:37 EDT British Airways expects to cut capacity by three to five percent in its winter season due to the rising cost of fuel, its chief executive told reporters on Tuesday. http://ibtimes.co.uk/data/articleimgs/3886-martin-broughton.jpg http://ibtimes.co.uk/articles/20080715/british-airways-cut-capacity-winter.htm http://ibtimes.co.uk/articles/20080715/british-airways-cut-capacity-winter.htm Tue, 15 Jul 2008 16:18:37 EDT Alliance & Leicester is unlikely to attract a counterbid to its agreed 1.3 billion pound takeover from Santander as the need for extra capital and the tough UK housing market deter rival suitors, analysts said. http://ibtimes.co.uk/data/articleimgs/3884-alliance-leicester.jpg http://ibtimes.co.uk/articles/20080715/alliance-leicester-santander-counterbid.htm http://ibtimes.co.uk/articles/20080715/alliance-leicester-santander-counterbid.htm Tue, 15 Jul 2008 12:27:37 EDT Premier Foods said on Tuesday that its group sales rose seven per cent in the half year to 28 June. http://ibtimes.co.uk/articles/20080715/premier-foods-first-half-sales.htm Tue, 15 Jul 2008 10:28:37 EDT