Roland Jackson
latest news & developments
007 carmaker Aston Martin drives into £4.3bn London listing
Aston Martin has priced its initial public offering at £19 per share in the middle of its stated range
Global markets plunge as Greece shuts banks
Markets across the world tumble as Greece orders its banks to shut for a week and imposes capital controls after its citizens emptied ATMs.
Standard Chartered takes a knock in market value
Standard Chartered’s market value has slumped almost a quarter after US regulators alleged it hid $250-billion in transactions with Iran.
BP posts annual loss on oil-spill disaster
BP on Tuesday posted its first annual loss in almost two decades as a result of last year’s devastating Gulf of Mexico oil spill.
Goldman Sachs faces UK probe as net widens
UK launched a probe into US bank Goldman Sachs on Tuesday linked to US fraud charges that the Wall Street giant misled investors.
BA, Iberia sign merger deal to create global giant
BA and Spanish flag carrier Iberia on Thursday announced a merger deal to create one of the world’s biggest airlines.
World stock markets slump on European debt fears
Global equities tumbled on Friday as investors ran for cover on fears that soaring European state debt could damage a fragile economic recovery.
Kraft swallows Cadbury in multibillion-dollar takeover
Cadbury, a monument to the British chocolate bar, fell on Tuesday to US giant Kraft by accepting an offer worth £11,5-billion.
BA wins court battle to stop Christmas strikes
British Airways won a high court battle on Thursday to prevent cabin crew staging a 12-day walkout.
Shell reports 62% profit slump and cloudy outlook
Royal Dutch Shell revealed a 62% net profit slump in the third quarter on Thursday, blaming weak oil prices.
Oil price vaults past $126
The price of New York crude oil soared above $126 per barrel on Friday, lifted by speculative demand amid concerns about tight global energy supplies, analysts said. New York’s…
World stock markets slide on US recession worries
A global equities sell-off gathered speed on Friday as nervous investors were hit by growing United States recession fears, a plunging dollar and record oil prices, dealers said.…
Troubled energy giant BP rocked by profits slump
British energy giant BP, reeling from fatal safety errors and a boardroom scandal, said on Tuesday that third-quarter profits slumped owing to lower output, weak United States…
UK bank Northern Rock faces break-up talk
Troubled British bank Northern Rock faced break-up rumours on Sunday as it sought to reassure panicking customers and investors following an emergency bail-out by the Bank of…
Carroll’s appointment to Anglo ‘encouraging’
The appointment of Cynthia Carroll as chief executive of Anglo American marks a step in the right direction for equality in Britain’s boardrooms as women struggle to break…