Because of the failure to maintain good manufacturing standards, the UK regulatory authorities have withdrawn Wockhardt's certification of good standing.
United Kingdom
Citizens worth more if sold- banker
The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.
Europe's Clean Energy investment falls by 14%
Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.
Royal Mail share values jump 40% since IPO
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors. The Abu Dhabi and Kuwaiti sovereign wealth funds have respectively reported a profit of USD30 million each from their investments made in the recently sold UK Royal Mail.
TD Bank studying options to bid for Royal Bank of Scotland
The bid for Royal Bank of Scotland amounts to GBP8 billion and is being reviewed to be done by TD Bank.
Latest News
Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.
According to a Reuters report, world leaders should not ignore issues surrounding global economic security.
The EU-US negotiations, already overshadowed by the revelations of former NSA contractor Edward Snowden, now faced even more delays due to the partial deadlock in the US government, said a Reuters report.
Liberty Global announced that the company is contented with its 28.5% holdings in Dutch cable company, Ziggo, said a report from Reuters.
Cambridge Innovation Capital (CIC) launched a GBP50 million fund to place investments in help the development of ideas of companies and startups, said a TechCruch report.
Retail buyouts and mergers lead by foreign exchange market broker FXCM Inc had been seen proliferating in the midst of closures of some of the biggest hedge funds in the US and European Union.
Martyn Phillips had left his position as the head of Kingfisher's B&Q chain in the UK as part of moves to restructure the company.
Bluefield Solar Income Fund Limited recently purchased a 6.87 megawatt peak plant for GBP9.35 million from Parabel AG.
Shares of Royal Mail Group Ltd experienced a 38% increase after its debut on the London Stock Exchange.
