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Industrial

Shell posts mixed third-quarter earnings

Oct 30 2014 12:45

Shell has posted mixed third-quarter earnings, as it weathered sliding oil prices but was buoyed by improved capital efficiency and strong project delivery.

Financial Services

Barclays bank sets £500m aside for probes

Oct 30 2014 12:14

British bank Barclays has set aside £500m linked to global probes into allegations of price-rigging in foreign exchange markets, cutting quarterly net profits.

Travel & Leisure

All Nippon Airways first-half profit soars

Oct 30 2014 11:49

Japan's All Nippon Airways says its net profit for the six months to September has soared about 78% to $328m thanks to a Tokyo airport expansion.

Retail

Britain's Fraud Office confirms Tesco probe

Oct 30 2014 13:50

Britain's Serious Fraud Office has confirmed that the director has opened a criminal investigation into accounting practices at Tesco.

Travel & Leisure

Lufthansa cuts 2015 forecast

Oct 30 2014 12:34

Lufthansa, Europe's biggest airline, has reduced its profit forecast for 2015 in face of the global economic slowdown.

Financial Services

African Bank collecting R2.5bn debt a month - curator

Oct 30 2014 09:52

Failed lender African Bank Investments is collecting around R2.5bn of debt a month and has applied for a new banking licence as a step towards re-listing.

Industrial

Rosneft posts profit crash under sanctions

Oct 29 2014 19:21

Russian energy giant Rosneft has announced its third-quarter profits crashed as it operates under Western sanctions over the Ukraine crisis and the ruble plunges.

Travel & Leisure

Sello Mmakau to take up post as Acsa CIO

Oct 29 2014 19:11

Sello Mmakau has been appointed chief information officer of the Airports Company SA.

Travel & Leisure

Ebola fears ripple across continent

Oct 29 2014 17:15

East Africa's Serengeti and Maasai Mara safari parks are as far if not further from the Ebola outbreak than much of Europe but there is still a slump in bookings.

Industrial

Statoil posts surprise loss

Oct 29 2014 17:00

Norwegian oil giant Statoil has recorded an unexpected third-quarter loss owing to weak oil prices and a charge for depreciated assets.

Industrial

Total focuses on costs, oil output

Oct 29 2014 16:45

Total, which is recovering from the death of its boss in a plane crash, has posted a profit fall in the third quarter because of declining oil and gas production.

Inside Fin24.com

 
Retail

UK watchdog to probe Tesco errors

Oct 29 2014 16:30

Britain's Serious Fraud Office is to launch a formal criminal probe into accounting errors at troubled supermarket Tesco, according to Sky News.

Travel & Leisure

Ebola travel ban problems grow

Oct 29 2014 16:03

US airlines have briefed government officials in private meetings about the challenges to implementing a travel ban because of the Ebola outbreak, sources say.

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