Amazon fined by London court for transporting dangerous goods
Fri 23 September 2016 15:53
(ShareCast News) - Amazon UK has been fined £65,000 after it was found to have attempted to ship dangerous goods through the air.
Facebook overestimates video viewing figures to advertisers' anger
Fri 23 September 2016 15:02
(ShareCast News) - Advertisers are unhappy with Facebook as the social network significantly overstated the average viewing time for its video advertisements, according to the Wall Street Journal.
French court slashes damages rogue trader owes to €1m from €4.9bn
Fri 23 September 2016 14:52
(ShareCast News) - A French appeals court has slashed damages owed to Société Générale from rogue trader Jérôme Kerviel to €1m from €4.9bn on Friday.
Glaxo files US regulatory submission for sirukumab
Fri 23 September 2016 13:59
(ShareCast News) - GlaxoSmithKline has filed a regulatory submission to the US Food and Drug Administration for the use of sirukumab for the treatment of rheumatoid arthritis.
Wells Fargo chief Stumpf quits Fed panel as pressure rises
Fri 23 September 2016 12:31
(ShareCast News) - Wells Fargo chief executive officer John Stumpf resigned from a Federal Reserve advisory council on Thursday as pressure buildt on the company following the revelations about its fake accounts scandal.
Brookfield Infrastructure consortium to take 90% stake in South American utility
Fri 23 September 2016 12:12
(ShareCast News) - Brookfield Infrastructure and institutional clients of Brookfield Asset Management have agreed to buy a 90% controlling stake in South American natural gas utility Nova Transportadora do Sudeste SA (NTS) from Petróleo Brasileiro SA, or
HSBC plans US capital release to raise shareholder returns
Fri 23 September 2016 11:58
(ShareCast News) - HSBC is seeking to release $20bn-worth of capital tied up in the United States without upsetting regulators, according to a report by Reuters.
McKay Securities secures new Maidenhead tenant
Fri 23 September 2016 11:07
(ShareCast News) - South East England-focused real estate investment trust McKay Securities announced that it has let the first floor of Building 5, on the Switchback Office Park in Maidenhead, on Friday.
Co-op's first half profits plunge but turnaround plan "firmly on track"
Fri 23 September 2016 10:54
(ShareCast News) - The Co-operative Group's first half profits plunged 53% as the company invested in its three-year turnaround plan.
Commerzbank job cuts could reportedly reach 5,000
Fri 23 September 2016 10:37
(ShareCast News) - As many as 5,000 jobs could be lost at Commerzbank, as Germany's second biggest lender prepares to revamp its operations, according to German daily newspaper Boersen-Zeitung.