The latest business news on British and international companies, stocks and shares news, the FTSE, Dow Jones and main market movers. What???s up and what???s down in business.
Connaught Crisis: 2,500 Jobs Are Saved
Around 2,500 jobs at collapsed firm Connaught have been saved after most of its social housing division was bought by construction group Morgan Sindall.
Good Call: New Nokia Boss Boosts Share Price
Nokia has named Microsoft executive Stephen Elop as its new boss, giving a boost to its flagging share price which has fallen 20% this year due to two profit warnings.
Profit Warning As Argos And Homebase Suffer
The owner of the Argos and Homebase chains has warned its half-year profits will be down by as much as 25% as it battles tough trading conditions.
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