Dow shareholders approve sale to Murdoch
Media mogul Rupert Murdoch has completed the long, drawn-out acquisition of financial publishing giant Dow Jones after shareholders overwhelmingly approved the sale.
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Banks acted to prevent major slump
The Bank of Englands chief markets expert has said he and his international counterparts are attempting to protect Britain from a "vicious circle" in which the credit crisis causes a major economic slump.
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FSA accused of unfairly favouring shareholders
The Financial Services Authority has been accused of "unfairly" favouring shareholders over policyholders by Clare Spottiswoode, who was appointed by Norwich Union to negotiate how much policyholders should gain from the insurers £5.4bn "inherited estate".
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Housing slowdown hits Travis Perkins
Travis Perkins, the UK builders merchant, has warned of a slowdown in growth after reporting a 12pc rise in turnover for the 11 months to November.
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Shire in boardroom is reshuffled
The aggressive growth strategy pursued by drug developer Shire is set to continue under a management shake-up announced yesterday.
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Bad news on drug rocks Renovo
Renovo shares plunged more than 25pc as the drug developer unveiled end-of-year results including bad news on the trial of its leading drug development programme, Juvista.
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Tui Travel sees strong winter holiday demand
TUI Travel, the tour operator formed from the merger of Germanys TUI and First Choice Holidays, said it was seeing strong demand for winter holidays to Cuba, Mexico and Egypt as it produced its first full-year profits figures for the combined group.
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