UK News


Aon-103114.jpg UK-based risk and insurance brokerage service provider Aon Corp. (AON) Friday said profit for the third quarter increased from the prior year, supported by higher revenues. Both earnings and revenues in the company's seasonally weakest quarter topped Wall Street expectations.

RBS-103114.jpg Royal Bank of Scotland Group Plc Friday reported a profit for the third quarter compared with a loss last year, reflecting a rise in interest income, as well as impairment provision releases. The lender also set aside 400 million pounds, related to potential costs following investigations into the foreign exchange market.

Sony-103114.jpg Japanese consumer electronics maker Sony Corp. (SON.L, SNE) Friday said the second-quarter net loss widened from last year, as the company incurred a hefty impairment charge in the quarter.

Barclays-103014.jpg British lender Barclays Plc Thursday reported higher profit before tax for the third quarter, and nine-month period. The bank has set aside 500 million pounds related to ongoing investigations into Foreign Exchange with certain regulatory authorities, and an additional 170 million pounds for PPI compensation.

BT-Group-103014.jpg Communications services provider BT Group Plc. (BT_A.L, BT) Thursday said second-quarter profit before tax increased from last year, even as revenues showed a marginal drop. Further, the firm confirmed its outlook for the full year.

Shell-103014.jpg European oil giant Royal Dutch Shell Plc. (RDS-B, RDSB.L, RDSA.L, RDS-A) Thursday said third-quarter net profit declined from the prior year, amid lower production. But, adjusted earnings on a current cost of supplies basis, an important metric for energy companies, showed a significant increase, benefiting from improved Downstream and Upstream results.

Next-Plc-102914.jpg UK-based retailer Next Plc. (NXT.L) Wednesday slashed its forecast for the full year, after the third-quarter sales fell short of the company's expectations. The stock is down more than 2 percent in early morning trading. In an interim management statement, the company said its sales for the third...

gender-parity-102814.jpg The Global Gender Gap Report 2014 says marginal progress has been achieved on gender equality over the last 10 years, with more women entering politics and the workforce. While more women and more men have joined the workforce over the last decade, more women than men entered the labor force in 49 countries. And in the case of politics, globally, there are now 26 percent more female parliamentaria

Lloyds-102814.jpg UK-based lender Lloyds Banking Group Plc. (LLOY.L, LYG) Tuesday reported a profit for the third quarter, compared to a loss last year, and revised its full year asset quality ratio projection. Separately, the company announced the elimination of 9000 jobs and 150 branches over a three-year period. Profit...

BGgroup-102814.jpg Energy company BG Group Plc. reported Tuesday that its third-quarter profit increased from last year, reflecting higher one-time gains as well as growth in revenues. Business performance earnings, meanwhile, were hurt by weak upstream results with lower production and prices. Further, the company backed its production forecast for fiscal 2014.

BP-102814.jpg European oil giant BP Plc. (BP.L, BP_UN.TO, BP) Tuesday said third-quarter profit dropped from the prior year, amid a decline in production. The company, however, hiked its dividend while reducing its forecast for full-year organic capital expenditure.

StandardChartered-102814.jpg Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) Tuesday said third-quarter pre-tax profit declined from the prior year, as trading conditions remained subdued. Further, the lender said it expects underlying profits in the second half to fall from the prior year, considering the income momentum and loan impairment seen in the quarter.

BHP-102714.jpg Miner BHP Billiton Plc. (BHP.AX, BLT.L, BBL, BHP) Monday said it remains on track to meet all financial year production guidance for 2015. The company has initiated marketing its Fayetteville asset, but would pursue divestments only if full value can be realized for the owners.