Samsung Hits New Record Amid Smartphone Fears

Samsung has reported another record quarterly profit, amid fears over flagging demand for expensive smartphones. The South Korean tech giant, the world's largest technology firm by revenue, said its April-June profit after tax surged 49.7% year-on-year...

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BSkyB Sees Full-Year Profit Up 9% To £1.33bn

BSkyB, the owner of Sky News, has announced a 9% rise in full-year operating profit to £1.33bn. Revenue for the entertainment and home communications company was up 7% to £7.235bn. The company saw paid-for product growth of 3.3 million, taking the...

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Toyota Still Global Top Seller Amid Boycott

Toyota has shrugged off anti-Japanese sentiment in China to remain the world's top selling carmaker for the first half of this year. It sold 4.91 million cars and trucks around the world for the January-June period - 26,830 vehicles daily. Although...

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LSE Calls Audit Review Amid Industry Shake-Up

By Mark Kleinman, City Editor The London Stock Exchange's (LSE's) parent company is to review its long-standing audit relationship just days after competition authorities backed away from enforcing mandatory rotation of accounting ties. Sky News...

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Faulty Dreamliner Beacons Found In Japan

A Japanese airline has found damage to battery wiring on two Dreamliner emergency beacons, the same device suspected of causing a recent plane fire in London. All Nippon Air (ANA) announced the discovery a day after the US aviation regulator issued...

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Welby Defends Wonga After Church Link Emerges

The Archbishop of Canterbury has insisted he was not picking on Wonga after it emerged the Church of England invests in the payday loan firm. The Most Reverend Justin Welby admitted being "irritated" and "embarrassed" by the revelation but went on to...

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Sainsbury's Stunned As Tesco Wins ASA Battle

By Mark Kleinman, City Editor Tesco will next week score a victory over one of its bitterest rivals when advertising regulators reject a complaint from J Sainsbury that sparked a war of words between the two companies. Sky News can reveal that...

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Royal Baby: George Gives UK Business Boost

By Emma Birchley, Sky News Correspondent The UK's newest Prince might be less than a week old but he is already proving to be a trendsetter as aspiring parents race to keep up with the Cambridges. Sales of Britax Baby Safe seats have trebled at...

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Barclays Faces Fresh Customer Mis-Selling Bill

By Mark Kleinman, City Editor Barclays will face up to mis-selling misdemeanours on three fronts next week when it sets aside hundreds of millions of pounds more for historical malpractice. Sky News understands that the bank will make provisions...

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£2bn Lloyds Profit Triggers Stake Sale Talks

By Mark Kleinman, City Editor The agency which manages taxpayers' £19bn stake in Lloyds Banking Group is expected to hold talks with City investors this week about a quick-fire sale of shares as Britain's biggest high street lender unveils a £2bn...

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