News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Sage hikes dividend as cloud business takes off

Investors cheered software firm Sage after the company announced plans to hiked its dividend and said it was on track to meet growth targets.

Hibu shareholders hit out at Yellow Pages 'conspiracy'

Shareholders in collapsed Yellow Pages publisher Hibu have accused the directors of a "conspiracy" to let the main company go bust while preserving the value of its subsidiaries for lenders.

Rathbones chief executive Andy Pomfret to retire

Andy Pomfret has announced plans to step down as chief executive of the £20 billion-plus fund manager Rathbone Brothers next year, handing over to his recently recruited deputy, Philip Howell.

PricewaterhouseCoopers loses £18 million Unilever contract to rival KPMG

Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its  £18 million a year audit to rival KPMG.

The Yellow Pages publisher's shares were suspended

Hibu shareholders condemn directors for pulling out of a grilling at meeting

Angry shareholders in the Yellow Pages publisher hibu have accused the directors of “deplorable” behaviour and cowardice for pulling out of a special general meeting, where they were set to face a grilling.

Bumi investors move closer to Bakrie split-up

Shareholders will vote on the separation on the week commencing 16 December

HP and boss Whitman to defend class action rule over Autonomy

Hewlett Packard and chief executive officer Meg Whitman will have to defend a class-action lawsuit over fraud allegations involving its British subsidiary, Autonomy, a US court has ruled.

As many as one in 10 patients who visit GP surgeries could be visiting not because they are medically unwell, but because they are lonely

Loneliness is the reason one in 10 visit their GP claims charity

The Campaign to End Loneliness surveyed more than 1,000 family doctors

Npower's owner slashes jobs while British Gas owner warns on profits

The German owner of British power giant Npower is slashing one in 10 jobs across Europe by 2016 as part of a fresh wave of "efficiency measures", although it refused to be drawn on how many UK employees could be pushed out of work.

The Business Matrix: Saturday 9 November 2013

Shares in Merlin prove to be magic

Divi pledge puffs Imperial Tobacco

Imperial Tobacco shares rose 3 per cent yesterday despite the maker of JPS, Davidoff and Lambert & Butler cigarettes saying it expected only modest growth in earnings next year.

ENRC affair spurs aid for minority investors

Investors with minority holdings in London-listed companies have been empowered by a new set of rules from the City regulator.

James Moore: Commission drops the ball on auditor rotation

Outlook One aspect where lots of companies could do with improving their housekeeping is in the rotation of auditors.

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