Siesnee Wong

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Fred Goodwin told to hand over private emails in Royal Bank of Scotland lawsuit

Judge approves request from thousands of shareholders suing bank over 2008 rights issue to have personal emails disclosed<p>Fred Goodwin has been told to disclose personal emails he sent in the run-up to Royal Bank of Scotland’s 2008 rights issue, as part of a £4bn court case.<p>The bank’s former chief …

Britain's motor industry gets £650m boost

Foreign investors pump hundreds of millions into UK auto sector in huge show of faith at its turnaround<p>Britain's motor industry is to receive a £650m boost as a pair of foreign investors pump money into the UK’s booming automotive sector.<p>Jaguar Land Rover – owned by India’s Tata Motors – is to …

Sports Direct branded a 'backstreet outfit' by MPs at parliamentary inquiry

Retailer revealed to have laid off 200 warehouse workers with only 15 minutes’ notice and refused to pay landlords and suppliers as negotiating tactic<p>MPs have accused Sports Direct of behaving like a “backstreet outfit” by refusing to pay suppliers and of “shafting” around 200 workers at an …

Elections

LearnVest, one of New York's fastest-growing startups, just got acquired by Northwestern Mutual for more than $250 million

LearnVest was founded in 2007 by Alexa Von Tobel, a former Morgan Stanley trader and Harvard Business School drop-out.<p>It's a free resource chock-full of articles, advice, and other resources to help people become better financial planners.<p>Customers also have the option of paying $299 for a …

Biotech Stocks Deliver a Dose of Pain

Nasdaq Composite posts its biggest one-day decline in nearly a year<p>A rout in biotechnology and other highflying stocks sent the Nasdaq Composite index to its biggest one-day decline in nearly a year, chipping away at recent big gains in those corners of the market, as downbeat economic data raised …

Stock Markets