Company News

Satellite TV group BSkyB reports a sharp jump in profits, driven by new subscriptions, particularly for high definition services.

Shares in AstraZeneca rise more than 4% after the drug company reports a rise in profits after strong sales of key drugs.

Second-quarter profits at oil giant Royal Dutch Shell almost double after it completes a year-long restructuring programme.

Mining giant Rio Tinto completes a deal with Chinese firm Chalco to enter a joint venture in West Africa.

Lufthansa Group reports a net loss after disruption caused by the ash cloud from the Icelandic volcano and a pilots' strike.

BT reports what it describes as "acceptable" quarterly results, with profits sharply higher despite a fall in revenue.

Russia announces plans for its biggest privatisation since the 1990s - which it hopes will raise about $30bn.

British Gas profits almost double as the energy supplier benefits from rising customer numbers and last winter's cold weather.

BAE Systems and Rolls-Royce sign a £700m deal to supply India's Hindustan Aeronautics with 57 Hawk training jets.

Aircraft giant Boeing reports a sharp drop in profits between April and June amid falling plane deliveries.