Shareholders will vote on the separation on the week commencing 16 December
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Tuesday 17 September 2013
Traders have named the pharmaceuticals group Shire as a takeover target more times than they have taken paracetamol, but yesterday the City was overdosing on rumours that Shire was lining up a takeover of a US drug group.
Thursday 29 August 2013
Embattled coal miner Bumi has revamped its management team in what chief executive Nick von Schirnding claims will be a "relaunch".
Tuesday 23 July 2013
Shell bids to strike lucky in Brazil
Friday 19 July 2013
The long-running saga of separating the battle-bruised miner Bumi from Indonesia’s powerful Bakrie family could finally be coming to an end after the parties announced a potentially decisive $501m (£330m) deal yesterday.
Friday 12 July 2013
SuperDry enjoys a super set of results
Thursday 27 June 2013
TM Lewin, the maker of shirts worn by hordes of City workers, is close to appointing advisers to sell the business for up to £100m.
Thursday 27 June 2013
Bumi, the scandal-scarred coal miner, has struck an agreement to restore its reputation and ultimately lift the suspension in trading of its shares.
Thursday 18 April 2013
Last month Richard Buxton suddenly quit as head of UK investment at Schroders, the venerable City fund-management house which commentators can seldom resist describing as "blue-blooded".
Tuesday 19 February 2013
Shares in beleaguered Indonesian coalminer Bumi jumped by nearly 5% yesterday after major investor Rosan Roeslani sold his pivotal 10% stake in the group ahead of a crucial vote on Thursday.
Tuesday 12 February 2013
The bitter feud between Bumi’s co-founders hasn’t affected the coal miner’s performance, as the firm today announced it had met 2012 production targets and cut quarterly costs.
Monday 28 January 2013
Goldman Sachs' chief executive, Lloyd Blankfein, has admitted that media pressure forced the Wall Street bank to drop its plan to save its British employees millions of pounds in bonuses through tax avoidance. "We were very, very influenced by the press, and that's certainly not embarrassing. We have to take account of it," said Mr Blankfein at the World Economic Forum in Davos.
Wednesday 16 January 2013
Baghdad is preparing to sue Genel Energy, the oil company run by the former BP chief executive Tony Hayward, for "illegally" exporting some of the oil it produced in the semi-autonomous region of Kurdistan.
Thursday 18 October 2012
A leading Standard Chartered banker involved in making a $1bn (£620m) loan to the Indonesian chairman of the London-listed miner Bumi has quit after the bank struggled to get other lenders on board.
Wednesday 17 October 2012
The Bumi drama highlights how many in the City want to shine more light on foreign firms gaining from a London listing
Sunday 30 September 2012
The City regulator will this week announce a clampdown on listing rules aimed at preventing the kind of scandals which have surrounded foreign mining companies such as Kazakhstan's ENRC and Indonesia's Bumi.
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