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Lloyds fined £218 million

Lloyds Banking Group has been fined £218 million by UK and US regulators for serious misconduct over Libor rates

First commercial flow achieved at Barryroe

Providence Resources has announced that its Barryroe well has delivered the first commercial flow rate of oil offshore Ireland.

Ôé¼25 million contract for Ballast Nedam

Netherlands-based construction and infrastructure specialist Ballast Nedam has won a €25 million contract for expansion works at a refinery in Suriname.

DuPont opens ballistics facility in Hyderabad, India

DuPont has opened its latest ballistics testing facility at the DuPont Knowledge Center in Hyderabad, India. 

Medellín Metro: An Icon of the Aburrá Valley

Metro Medellín is a mass transit company that operates in Medellín and in the geographical area that is Medellín, which is the Aburrá Valley.

Rank Group to acquire Gala Casinos

Rank Group has announced it is to acquire Gala Casinos from Gala Coral Group for £205 million.

African mobile users to benefit from French-Chinese partnership

France Telecom is to collaborate with Chinese search giant Baidu on producing a browser for low-end smartphones sold in Africa. 

GDF to announce International Power takeover

French power giant GDF Suez is expected to announce it has taken over its UK rival International Power (IP) as early as tomorrow.

Philips unveil a bright energy-efficient idea

Philips has unveiled what it claims to be the world’s most energy-efficient LED lamp

Opel awarded a significant cash injection from General Motors

US carmaker General Motors (GM) has announced that it plans to invest over $5 billion in its European subsidiary Opel

GSK goes hostile with HGS bid

Pharmaceutical giant GlaxoSmithKline has announced it will go hostile with its $2.6 billion bid for Human Genome Sciences by taking the offer directly to shareholders.

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