Starbucks has finally bowed to political pressure, making its first corporation tax payment to the Treasury since 2008, even though it still doesn't make any profits. The announcement comes after leaders of the G8 major economies last week... Read More


Struggling Scandinavian carrier SAS said on Tuesday it had signed a provisional order for 12 Airbus  aircraft, including eight A350-900s and four A330-300s, with a list price of $3.3 billion (2.5 billion euros). Deliveries of the A330s ar... Read More


LONDON (Reuters) - WS Atkins Plc said it expected to post further underlying growth in the year ahead after a strong performance in its home market helped the group to post annual pre-tax profit slightly ahead of expectations. The enginee... Read More


(Reuters) - Health and safety device maker Halma Plc reported an 8 percent rise in full-year profit as growth in the United States and Asia offset a dip in Europe and the United Kingdom. Halma, which makes products ranging from water qual... Read More


European buy-out firm Cinven, has agreed a €1.5bn (£1.3bn) deal to buy German ceramics maker CeramTec from America’s Rockwood Holdings. The private equity company beat rivals, including BC Partners and Bain Capital , to buy th... Read More


South Korean shipbuilder Samsung Heavy Industries said on Wednesday it had won a $1.3 billion order to build two offshore drilling platforms for the Norwegian oil firm Statoil. Under the deal, Samsung will deliver two jack-up rig units used as... Read More


LONDON, June 11 (Reuters) - British industrial output rose in April for a third consecutive month, official data showed on Tuesday, underlining the slow but steady nature of the country's recovery so far this year. Industrial output, which... Read More


Petrofac, the oil services group, spent £1m last year on a private jet for its top executives. Petrofac's annual report showed that the company spent $1.52m (£1m) "chartering the services of an aeroplane used for the trans... Read More


The substation automation market has been forecast to increase at a compound annual growth rate (CAGR) of 5.2% over the next five years, increasing from a valuation of $95.30 billion in 2013, to hit a market value of $122.94 billion by 2018. T... Read More