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Latest Business News

Facebook shares see modest debut - Facebook shares end a volatile first day of trading at $38.23, barely above the company's initial pricing, having initially jumped more than 10%. Fri, 18 May 2012 20:49:36 GMT
LSE reveals strong profits rise - The London Stock Exchange bucks the economic turmoil to deliver a better-than-expected rise in annual profit. Fri, 18 May 2012 16:11:57 GMT
JP Morgan boss to testify in US - JP Morgan chairman and chief executive Jamie Dimon will appear before a Senate committee to explain the bank's $2bn trading loss on a failed hedging strategy. Fri, 18 May 2012 13:01:13 GMT
Stagecoach in £100m US expansion - Perth transport group Stagecoach is to buy parts of a US bus firm for about £100m, helping it expand its operations. Fri, 18 May 2012 09:08:43 GMT
Rain dampens sales at pub group - Pubs group Mitchells & Butlers reports a sharp slowdown in sales, saying the recent wet weather has led to fewer customers. Fri, 18 May 2012 07:35:33 GMT
US puts tariffs on Chinese panels - The US says it will impose import tariffs of about 30% on Chinese solar companies, saying China is flooding it with subsidised products. Fri, 18 May 2012 01:18:37 GMT
N Rock rescue 'could cost £2bn' - The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates. Thu, 17 May 2012 23:00:31 GMT

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