Diageo, which owns Guinness, has been under pressure lately to more closely align its shipments to distributors with their sales to customers

Drinks giant Diageo is under scrutiny in the US, where the Securities and Exchange Commission (SEC) has asked for information to see whether it shippe(...)

RBS is seeking to have the US court case over its handling of mortgage securities dismissed, arguing the suit filed in 2011 came too late.

US regulators have told Royal Bank of Scotland it could pay as much as $13 billion if it loses a lawsuit over its handling of mortgage securities. The(...)

Ryanair had another electric day, closing up 0.6 per cent at a new record high of €12.34. The airline has been enjoying a strong week on the back of positive sentiment around its future earnings

European stocks extended a sell-off as the region’s leaders differed on how Greek talks were progressing. The Stoxx Europe 600 Index lost 0.2 per c(...)

Société Générale, France’s third-largest bank, paid an average £5,000 bonus and £66,000 salary.

Goldman Sachs . employees enjoyed the biggest bonuses among London backroom staff this year, with an average payout of £38,000 , more than seven times(...)

ENOC said buying Dragon Oil would help it become a fully-integrated global oil and gas company

Emirates National Oil Co (ENOC) , which already owns 54 percent of Dragon Oil, is proposing to buy the shares in the company it does not already own a(...)

Fujitsu plummeted the most on record in Tokyo trading after forecasting a profit drop.

Fujitsu plummeted the most on record in Tokyo trading after forecasting a profit drop on costs to shift away from the hardware business and as a weake(...)

HSBC Holdings said it was told by French magistrates that it would be subject to a formal criminal investigation in relation to the conduct of its Swiss private bank in 2006 and 2007

HSBC Holdings has been placed under criminal investigation by French authorities and made to post €1 billion bail over allegations that its Swiss priv(...)

The funding attracted €1.1 billion of total demand

AIB has completed the issue of a €500 million fixed-rate senior unsecured debt issue with a maturity of five years and a coupon of 1.375 per cent.The (...)

BBVA bank in Madrid. BBVA’s quarterly net income of €689 million compares with an €849 million loss in the same period a year ago when the bank took a charge for reducing its investment in China, the lender said in a filing to regulators on Wednesday.

Banco Bilbao Vizcaya Argentaria, Spain’s second-biggest bank, swung to a fourth-quarter profit, beating estimates on higher returns in its home mar(...)

 Spanish prime minister Mariano Rajoy gives a speech at the Spain Global Tourism Forum held in Madrid. Photograph: EPA/BALLESTEROS

Spain’s economy expanded at its fastest pace in seven years in the fourth quarter, defying the threat of deflation as lower prices helped boost domest(...)