THE CO-OP Bank’s ex-chairman Paul Flowers was yesterday charged with possession of class A and C drugs.
Flowers was chair of the bank until last summer, when a £1.5bn capital hole was discovered in its finances.
STARBUCKS’ chief executive described London as the “perfect place to grow our European business”, as the coffee giant announced plans to move its regional headquarters from the Netherlands to London by the end of 2014.
INVESTMENT firm Hargreaves Lansdown yesterday said 133,000 more people started using its fund platform services over the past 12 months, with 33,000 people taking up the service since the start of the year alone.
The New York attorney general is probing more than half a dozen high-speed trading firms, a source said yesterday, as part of his wide-ranging probe into alleged unfair technology advantages on Wall Street.
RUSSIAN steelmaker Evraz yesterday blamed scheduled maintenance works for an eight per cent drop in crude steel production in the first quarter, but said prices for its products had started to pick up at the end of the period.
Irish Residential Property Reit (IRPR) raised €200m (£164m) in a stock market listing yesterday, meeting its target as it became the third such real estate investment trust to launch in Ireland in the last year.
RETAIL and hospitality voucher firm Eagle Eye Solutions, where former Tesco boss Sir Terry Leahy is an investor and director, saw its shares jump almost 10 per cent to 180p during its first day of trading yesterday.
US car parts company Johnson Controls said yesterday it will acquire Air Distribution Technologies from Canada Pension Plan Investment Board (CPPIB) for $1.6bn (£953m), in a move aimed at expanding its offerings in ventilation products.
Ford Motors will attempt to get its latest model, the 2015 Ford Mustang, up to the top of the Empire State Building in New York today to celebrate the 50th birthday of the model. The publicity stunt is designed to mimic the launch event for the o
THE UK’S benchmark stock index rose yesterday after Chinese economic data came in a touch above forecasts, with Tesco rising on aggressive strategy plans and Sports Direct surging on a bullish note about the company.
US stocks rose one per cent yesterday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank’s commitment to keeping interest rates low and Yahoo rallied.