HP alleges Autonomy wrongdoing, takes $8.8 billion charge Nov 20th, 2012 - 22:40h (CET +01.00) (Reuters) - Hewlett-Packard stunned Wall Street by alleging a massive accounting scandal at its British software unit Autonomy that will cost the company the majority of $8.8 billion (5.5 billion pounds) in charges. It was the latest in a string of r... [Full Article] Read @ Yahoo More about : alleges, autonomy, wrongdoing, takes, billion, charge, Top Keywords

Ex-UBS trader Adoboli convicted of $2.3 billion fraud Nov 20th, 2012 - 15:00h (CET +01.00) LONDON (Reuters) - Former UBS trader Kweku Adoboli was convicted on Tuesday of the biggest fraud in British history, which resulted in a loss of $2.3 billion (1.4 billion pounds) for the Swiss bank. Ghanaian-born Adoboli, 32, was a senior trader on t... [Full Article] Read @ Yahoo More about : exubs, trader, adoboli, convicted, billion, fraud, Top Keywords

BP agrees to pay $4.5 billion in penalties for U.S. oil spill Nov 15th, 2012 - 18:10h (CET +01.00) HOUSTON/WASHINGTON (Reuters) - BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country's history, the company said on Thursday. The... [Full Article] Read @ Yahoo More about : agrees, billion, penalties, spill, billion, fraud, Top Keywords

Air capacity crunch costs UK 14 billion pounds a year - study Nov 15th, 2012 - 10:10h (CET +01.00) LONDON (Reuters) - A lack of spare runway capacity at Heathrow costs Britain $22 billion (14 billion pounds) a year in lost trade and means the country is losing out to European rivals in the race for lucrative emerging markets routes, a study found.... [Full Article] Read @ Yahoo More about : capacity, crunch, costs, billion, pounds, year, study, Top Keywords

Russia's MegaFon gets nod for $2 billion IPO - sources Nov 10th, 2012 - 21:50h (CET +01.00) MOSCOW (Reuters) - Russia's No.2 mobile phone company, MegaFon , is likely to go ahead with its planned stock market float in London this year after receiving an unofficial green light from the UK regulator, sources familiar with the matter said... [Full Article] Read @ Yahoo More about : russia's, megafon, gets, billion, sources, year, study, Top Keywords

Exclusive: Schulze's Best Buy bid seen in December, below $8 billion range Nov 9th, 2012 - 10:20h (CET +01.00) NEW YORK (Reuters) - An eventual bid for Best Buy Co Inc by founder Richard Schulze could come below his initial proposal of around $8 billion and is now not expected to be made before December, sources familiar with the matter said, in a new twist t... [Full Article] Read @ Yahoo More about : exclusive, schulze's, best, december, below, billion, range, Top Keywords

UK needs 330 billion pounds energy investments by 2030 - LSE Nov 8th, 2012 - 01:20h (CET +01.00) LONDON (Reuters) - Britain will need to invest 330 billion pounds in its energy sector, excluding networks, by 2030 and return its economy to growth to meet carbon emissions reduction targets, the London School of Economics said in a report on Thursd... [Full Article] Read @ Yahoo More about : needs, billion, pounds, energy, investments, 2030, range, Top Keywords

British company pension deficits soar past 230 billion pounds - report Nov 7th, 2012 - 20:10h (CET +01.00) LONDON (Reuters) - The total deficit of British final-salary linked company pension schemes more than doubled to 231 billion pounds in the space of a year, a report said on Wednesday, highlighting the impact of rock-bottom bond yields. The Pension Pr... [Full Article] Read @ Yahoo More about : british, company, pension, deficits, soar, past, billion, pounds, report, Top Keywords

Rosneft signs $80 billion gas deal with Inter RAO - source Nov 1st, 2012 - 10:30h (CET +01.00) MOSCOW (Reuters) - Russian state oil company Rosneft signed an $80 billion (49 billion pounds) deal to supply state power company Inter RAO with natural gas, a source said, replacing Novatek as Inter RAO's main supplier. Novatek shares fell 6.9 ... [Full Article] Read @ Yahoo More about : rosneft, signs, billion, deal, inter, source, billion, pounds, report, Top Keywords

Smokers miss work more often, cost UK billions - study Oct 31st, 2012 - 17:00h (CET +01.00) (Reuters) - Smokers miss an average of two or three more days of work each year than non-smokers, with this absenteeism costing the UK alone 1.4 billion pounds - or $2.25 billion - last year, according to a UK study. The report, which appeared in the... [Full Article] Read @ Yahoo More about : smokers, miss, work, often, cost, billions, study, pounds, report, Top Keywords