Shares in controversial online snooper Phorm crashed more than 40% on news that it has been dumped by BT, the broadband giant that would have transformed the fortunes of the targeted advertising group
Deutsche Bank was today alleged to have hired private detectives to spy on its employees, including a member of the supervisory board
Embattled Anglo American boss Cynthia Carroll won a rare vote of support today as one of her mining giant’s biggest shareholders said that she was pursuing the right strategy
The private-banking industry saw its profits drop by a third last year as it scraped through the credit-crunch crisis which decimated other parts of the finance industry, according to a leading consultancy
Cattles, the stricken subprime and doorstep lender, lurched further into crisis today as it admitted that it will default on an interest payment for a £400 million bond. The payment was due yesterday
General Motors’ bankruptcy sale was given the go-ahead by a US judge last night allowing the government to take over its most profitable parts
Almost one in 10 Marston’s shareholders voted against the pubs group’s £176 million cash call today
St Modwen, the developer that owns the Elephant & Castle shopping centre, today warned it has seen no pick-up in the London retail market as its losses more than quadrupled
BHP Billiton sold its Yabulu nickel refinery in Australia as it retreated further from high-cost nickel operations
Debt-riven mining giant Rio Tinto today followed up last week’s £940 million rights issue fundraiser with the £743 million sale of a packaging division in the United States
Private-equity firm Electra today confirmed that it has virtually written off the value of one of the country’s biggest office supply groups as it tries to stave off collapse
Unsold new apartment blocks in London could be snapped up by a new residential investment company coming to the stock market this summer
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