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Latest News from LBC

  • Troubled Gulf Keystone Faces New Board Exodus

    The embattled London-listed oil group Gulf Keystone Petroleum is facing a fresh boardroom crisis with the potential exit of three board members just days before its annual shareholder meeting.

  • US Jobless Rate Falls But Pay Growth Static

    The US jobless rate has fallen to its lowest level since April 2008 but pay growth was static at 2%, according to the latest official employment figures.

  • City Voices Fury At Board 'Kitchen-Sinking'

    The City's most powerful fund management body has hit back at the growing number of troubled blue-chip companies which downgrade profit forecasts and slash shareholder payouts shortly after new exe