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Business News Headlines

News Source: BBC News

Glencore-Xstrata in $90bn merger
February 7th, 2012 -
Anglo-Swiss mining group Xstrata unveils a $90bn merger with commodity trader Glencore, a move opposed by some major shareholders.
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Euro 'could survive Greece exit'
February 7th, 2012 -
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".
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Empty shop numbers 'set to rise'
February 7th, 2012 -
The number of empty shops on the UK's high streets is set to increase this year, a survey says, as economic conditions get tougher.
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Clydesdale Bank owner could sell
February 7th, 2012 -
The Australian owner of the Clydesdale Bank and Yorkshire Bank is looking for options to sell or radically reform the businesses.
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Stores offer warranty concessions
February 7th, 2012 -
Dixons, Comet and Argos have pledged to improve the way extended warranties for electrical goods are sold, the Office for Fair Trading says.
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Profits surge at GlaxoSmithKline
February 7th, 2012 -
UK drugmaker GlaxoSmithKline announces profits of £1.9bn for the three months to the end of December, up from a £193m loss during the same period in 2010.
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India growth 'to fall below 7%'
February 7th, 2012 -
India's economic growth is likely to dip below 7% for the 2011-12 financial year, new government statistics show.
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BP ups dividend as profits rise
February 7th, 2012 -
BP announces sharply higher profits and increases its dividend to shareholders for the first time since the 2010 Deepwater Horizon oil disaster.
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Toyota increases profits forecast
February 7th, 2012 -
Carmaker Toyota raises its profits forecast, saying its recovery is on track after the Japanese tsunami, Thai floods and the strong yen.
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UBS profits down on weak business
February 7th, 2012 -
Profits at Swiss bank UBS slump by three-quarters and the outlook remains tough as the eurozone crisis saps business.
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