News The logo of Samsung Electronics is displayed on a glass door at their headquarters in Seoul on November 6, 2013. Samsung Electronics promised better shareholder returns, dismissed fears over smartphone market saturation and signalled a more aggressive acquisitions policy Wednesday at a rare analysts' briefing to boost its flagging stock price.

Samsung has announced plans to open 60 of its own branded stores in Britain and six other European countries, in a bid to challenge Apple's successful retail store approach.

Chinese seek pounds 2bn bank stake

Authorities may force HSBC to reduce a 61 per cent holding in its Hang Seng subsidiary

HSBC profits soar by 23% to pounds 4.5bn

Profits at HSBC, the banking giant, soared by 23 per cent to pounds 4.5bn in 1996, causing outrage among staff at its Midland Bank subsidiary, who claimed there were plans to freeze the pay of more than one-third of the high street bank's employees.

A likely story; "The world's favourite airline" - countless British Airways ads

Like the Carlsberg claim - "probably the best lager in the world" - BA's assertion is an easy one to make: there is no scientific standard for judging mass-produced lager or air travel. But for British long-haul leisure travellers surveyed by Austravel, "the world's favourite" barely rates a mention.

`Superman' shakes up Hutchison Whampoa

Li Ka-shing, the most important player in Hong Kong's stock market, yesterday took investors by surprise with a major restructuring of his four listed companies in the colony. He said the move would make his Hutchison Whampoa group "one of the leading companies in the world for diversified infrastructure business".

Alone in a lift on NY Eve

No one likes to be alone on New Year's eve, or on New Year's day, and especially if they are stuck in an elevator.

Samsung opens Korean door to British students

A unusual postgraduate scheme is about to begin. By Roger Trapp

A cheap and easy drive

hardware review; A user's guide to joining the world of the CD-Rom

Five staff at HSBC net pounds 4.6m bonanza

Five employees with HSBC Holdings, the financial services and stockbroking group that owns Midland Bank, shared a total of pounds 4.62m in salaries and bonuses last year, it was revealed yesterday.

Samsung helps win Fokker reprieve

Samsung helps win Fokker reprieve

500 more jobs at Samsung

South Korean electronics giant Samsung has confirmed it will move its European headquarters and international training centre from Frankfurt to Hounslow, west London. The decision, announced yesterday during the Queen's opening of Samsung's new pounds 450m plant at Cleveland, will create up to 500 jobs by the year 2000.

Exchange under fire over bonus

DAVID HELLIER The Stock Exchange is under fire from member firms over its refusal to disclose the basis on which Michael Lawrence, the chief executive, has been paid a bonus, thought to be around pounds 100,000.

HSBC sticks to the inside track

FROM STEPHEN VINES in Hong Kong

Midland staff threaten to strike on pay

MIDLAND Bank faces strike action over pay next month. The Banking Insurance and Finance Union is urging the bank's 20,000 clerical staff to vote for a series of one-day strikes, writes John Willcock.

HSBC directors paid pounds 1m more

THE 20 directors of HSBC Holdings, owners of Midland Bank, last year increased their pay, including bonuses and pension contributions, by pounds 1m to pounds 4.8m.

HSBC directors in at Midland

HONGKONG & Shanghai Bank has further consolidated its hold on Midland Bank's UK operations by replacing the head of branch banking and the director of human resources with its own executives, writes John Willcock.
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