LONDON (Reuters) - Shares in insurer Legal & General rose 3 percent on Wednesday, hitting a near two-year high and outperforming UK peers, with traders citing market talk of bid interest from Zurich Financial .
LONDON (Reuters) - Struggling sportswear retailer JJB Sports said on Wednesday its finance director Lawrence Coppock is to step down from his post within the next 12 months.
HYDERABAD, India (Reuters) - An Indian court granted bail to former chairman and founder of outsourcer Satyam Computer Services in a case of accounting fraud that turned out to be India's biggest corporate scandal.
DUBAI/COPENHAGEN (Reuters) - A recovery in global trade lifted profits at key port and shipping operators on Wednesday and pointed to continued strong results in the second half of the year.
LONDON (Reuters) - Oil explorer Dana Petroleum's barriers against an unsolicited takeover approach from Korea National Oil Corp (KNOC) are falling fast, raising the chances of an agreed deal between the parties.
VIENNA (Reuters) - New bank rules will cut global output by a small fraction, a "modest" price to pay for greater stability, the Basel Committee on Banking Supervision said, dismissing lenders' warnings that they may curb growth severely.
COPENHAGEN/LONDON (Reuters) - World No.1 wind turbine maker Vestas posted a surprise second-quarter loss and unexpectedly cut its 2010 earnings outlook as customers delayed orders in the wake of the credit crisis.
LONDON (Reuters) - British satellite firm Inmarsat said on Wednesday its U.S. peer LightSquared had activated a spectrum co-operation agreement which would deliver payments totalling $337.5 million (216.4 million pounds), boosting Inmarsat's shares.
