LONDON - British-based emerging markets bank Standard Chartered said on Wednesday that it did not expect material charges arising from the Dubai debt crisis -- and forecast record profits this year. With regard to recent developments in the Unit
LONDON - Thomas Cook Group, Europe's second-biggest travel operator, said on Monday that annual netprofits leapt to 15.8 million pounds despite the recession. Net profits jumped 46 percent in the 12 months to the end of September, compared with the
LONDON - The London Stock Exchange announced on Wednesday that six-month net profits nosedived by almost 40 percent, as a result of depressed markets and increasing competition. Net earnings tumbled 39.6 percent to 49.3 million pounds in the six mo
Defence group Qinetiq will fall short of its earlier profit expectations, it announced on Wednesday, blaming delays to large contracts from the UK government and continued uncertainty over US policy in Afghanistan.“Given the risks around closing pen
LONDON - The London Stock Exchange announced on Wednesday that six-month net profits nosedived by almost 40 percent, as a result of depressed markets and increasing competition. Net earnings tumbled 39.6 percent to 49.3 million pounds in the six m
Severn Trent refused to confirm or deny a possible rights issue to shore up its finances, as it awaits the results of Ofwat’s five-year price determination on Thursday. Tony Wray, chief executive, said ahead of a ruling expected to restrain water co
LONDON - Telecoms operator BT Group on Thursday said net profits and sales dipped in the first half of its financial year, and ramped up its aggressive cost-cutting plans. Net profits fell 15 percent to 642 million pounds in the six months to the e
LONDON - British supermarket chain Sainsbury said on Wednesday that net profits leapt almost 50 percent in the first half of its financial year, lifted by lower costs and sales growth. However, the group also warned that the trading environment wou
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