Edition:
United States

Paul Hoskins

WPP shareholders reject Sorrell's 6.8 million pounds pay

Jun 13 2012

DUBLIN/LONDON Investors in the world's biggest advertising agency WPP rejected Chief Executive Martin Sorrell's 6.8 million pound pay award, after he sought to defend a big rise unlike some other British bosses who have taken cuts.

WPP shareholders reject Sorrell's 6.8 million pounds pay

Jun 13 2012

DUBLIN/LONDON Investors in the world's biggest advertising agency WPP rejected Chief Executive Martin Sorrell's 6.8 million pound pay award, after he sought to defend a big rise unlike some other British bosses who have taken cuts.

PLUS exchange backs ICAP bid over Gulf offer

Jun 01 2012

LONDON PLUS Markets Group , the London stock exchange for smaller companies, moved decisively to block a takeover by Gulf Merchant Bank on Friday by confirming its support for the bid agreed with ICAP two weeks ago.

Kingfisher seeks Jubilee cheer after deluge

May 31 2012

LONDON Kingfisher , owner of the B&Q and Castorama home improvement chains, posted a steep fall in profit, hurt by a weaker euro and April's torrential rain which put British and French shoppers off buying spring favourites such as barbecues.

Burberry targets super rich with bigger stores

May 23 2012

LONDON British luxury brand Burberry hopes to insulate itself against global economic headwinds by investing in bigger stores in major cities such as London, Chicago and Hong Kong that are popular both with tourists and the super rich.

Tesco boss forgoes bonus after poor UK results

May 22 2012

LONDON Tesco boss Philip Clarke has passed up an annual bonus of about 372,000 pounds ($588,000) after the retailer's poor performance in its main British market, heading off a potential outcry by investors increasingly critical of executive pay.

Tesco boss forgoes bonus after poor UK results

May 22 2012

LONDON Tesco boss Philip Clarke has passed up an annual bonus of about 372,000 pounds ($588,000) after the retailer's poor performance in its main British market, heading off a potential outcry by investors increasingly critical of executive pay.

IAG losses swell as fuel prices, weak Spain hurt

May 11 2012

LONDON International Airlines Group, formed by the merger of British Airways and Iberia, said first quarter losses more than doubled as higher fuel costs and weakness in Spain undermined strength in premium long-haul travel out of London.

IAG losses swell as fuel prices, weak Spain hurt

May 11 2012

LONDON International Airlines Group , formed by the merger of British Airways and Iberia, said first quarter losses more than doubled as higher fuel costs and weakness in Spain undermined strength in premium long-haul travel out of London.

IAG losses swell as fuel prices, weak Spain hurt

May 11 2012

LONDON International Airlines Group , formed by the merger of British Airways and Iberia, said first quarter losses more than doubled as higher fuel costs and weakness in Spain undermined strength in premium long-haul travel out of London.

World News