Company News

Brussels says it hopes European aerospace group EADS was not prevented from fairly bidding for a major US defence deal.

Aer Lingus announces plans to lay off 670 staff, including nearly a quarter of its cabin crew, as part of restructuring plans.

Marks and Spencer's chairman and chief executive will reduce his role in the company this year - and says he will take a pay cut.

Talks aimed averting strike action by BA cabin crew have been extended by an extra half day to Wednesday lunchtime.

Electronics giant Sony says its new 3D television will be on sale in Japan from June, with a cost of £2,600 for a 46-inch screen model.

Toyota rejects claims that faulty electronics could be behind its worldwide recall of more than eight million cars.

The Chevron oil firm is looking for bids for a refinery that directly employs around 1,400 people in Pembrokeshire.

Madam Tussauds, Sea Life and London Eye owners, Merlin, weathers the downturn with visitor growth and expansion plans.

Eurotunnel, which manages the Channel Tunnel, makes an annual profit of 1.4m euros despite a "poor economic environment".

A deal is reached in the long-running dispute at Royal Mail over modernising the postal service which led to strikes last year.