News

Thursday 17 April 2014
Germany's capital city has followed the lead of Brussels and banned the insurgent taxi service Uber. The San-Francisco based company was served with an injunction by a Berlin court for hurting competition.
Thursday 17 April 2014
The European Parliament has voted for a host of new laws and regu
Thursday 17 April 2014
State-backed bank RBS has today responded to a report by Lawrence Tomlinson, which alleged that the bank's Global Restructuring Group (G
Thursday 17 April 2014
The Co-op has unveiled losses of £2.5bn. The group admitted it had been a "disastrous" year, going so far as to say it was the worst in its 150-year history.
Thursday 17 April 2014
What was the scariest period of the Cold War? It's commonly accepted as being the Cuban missile crisis, a standoff in October 1962, and widely thought of as the closest we've come to all out nuclear conflict.
Thursday 17 April 2014
European markets are expected to open flat this morning as poorer than expected results from both Google and IBM offset the well-received dovish comments of Federal Reserve chair Jane Yellen.
Thursday 17 April 2014
Diageo, the world's largest spirits maker, has reported a rise of 0.3 per cent in organic net sales growth for the nine months ended
Thursday 17 April 2014
Asian markets have seen minor gains after the US posted better than expected industrial production figures, and the chair of the Federal Reserve Janet Yellen reaffirmed the Fed's commitment to supporting the recovery.
Thursday 17 April 2014
THE SQUEEZE in real pay-packets that has hit workers over most of the last six years is coming to an end, with earnings finally rising faster than prices.
Thursday 17 April 2014
THE PROPORTION of women employed in the UK has struck another all-time record high, as the workplace gender gap continues to narrow.
Thursday 17 April 2014
THE RAPID improvement to the UK labour market has been spurred by a surge in the number of freelancers as well as an increasing number of older workers.
Thursday 17 April 2014
THE IPA bellwether report, seen as an indicator of the wider economy, today reveals that marketing budgets have seen their biggest upward revision for more than 14 years during the first quarter of 2014.
Thursday 17 April 2014
BRITAIN has turned into a giant jobs factory.
Thursday 17 April 2014
YESTERDAY’S Federal Reserve analysis noted an improvement in business conditions since the end of severe weather earlier this year.
Thursday 17 April 2014
FINACIAL TIMES Knights less likely to cut jobs
Thursday 17 April 2014
GOOGLE shares dropped as much as five per cent in after hours trading last night, after its first quarter results failed to match analyst expectations.
Thursday 17 April 2014
TECHNOLOGY giant IBM posted the lowest quarterly revenue in five years yesterday, the eighth in which revenues have fallen, sending its share price down after hours.
Thursday 17 April 2014
BELEAGUERED Tesco boss Philip Clarke has declared he isn’t going anywhere. Unfortunately, on his watch, neither is the nation’s favourite supermarket.
Thursday 17 April 2014
TESCO boss Philip Clarke said yesterday he had no intention of leaving as the supermarket giant posted a second year of falling profits and revealed large writedowns across its international businesses.
Thursday 17 April 2014
RETAIL footfall rebounded in March, rising 1.8 per cent above levels seen in the same month last year and with high street stores seeing the best footfall in 11 months, according to data released today.
Thursday 17 April 2014
SURPRISE legal bills pushed Bank of America Merrill Lynch (Baml) to a $276m (£164.3m) loss in the first three months of the year, the lender said yesterday.
Thursday 17 April 2014
PROFITS slumped at Credit Suisse in the first quarter as the bank revealed weak investment banking results yesterday.
Thursday 17 April 2014
THE CO-OP Bank’s ex-chairman Paul Flowers was yesterday charged with possession of class A and C drugs. Flowers was chair of the bank until last summer, when a £1.5bn capital hole was discovered in its finances.
Thursday 17 April 2014
STARBUCKS’ chief executive described London as the “perfect place to grow our European business”, as the coffee giant announced plans to move its regional headquarters from the Netherlands to London by the end of 2014.
Thursday 17 April 2014
SKY IS partnering up with Twitter to embed buttons into its tweets that allow Sky customers to watch or record shows all without leaving their Twitter timelines.
Thursday 17 April 2014
UK-BASED pharmaceuticals giant Glaxosmithkline has been hit by another set of allegations over bribery, admitting yesterday that it is investigating the actions of some staff in Lebanon and Jordan.
Thursday 17 April 2014
THE STRICKEN Bitcoin exchange Mt Gox is to be dismantled after Japanese authorities rejected its plan to revive the business.
Thursday 17 April 2014
FINNISH rock-crushing firm Metso rejected rival engineering company Weir’s takeover offer yesterday, on the grounds that it “is not in the best interest of Metso shareholders”.
Thursday 17 April 2014
HOME buyers are paying the smallest deposits for five years thanks to the return of high loan to value mortgages, research released today suggests.
Thursday 17 April 2014
BURBERRY once again defied fears yesterday of a slowdown in demand for luxury goods in China after shoppers in the country helped drive a 19 per cent rise in group half-year sales.
Thursday 17 April 2014
CHINESE e-commerce titan Alibaba could reach a market valuation of over $196bn (£116.7bn) on its stock market debut, according to IG’s grey market trading leading up to the float.
Thursday 17 April 2014
LONG-STANDING RSA boss Adrian Brown is to leave the company after 25 years, the insurer announced yesterday.
Thursday 17 April 2014
RICHARD Brindle is to leave Lancashire, the property and casualty insurer that he founded in 2005.
Thursday 17 April 2014
FUND manager Charles Stanley has warned that a surge in IT, risk and consultancy costs has pushed its annual profits 10 per cent below forecasts, despite assets under management hitting a record high.
Thursday 17 April 2014
INVESTMENT firm Hargreaves Lansdown yesterday said 133,000 more people started using its fund platform services over the past 12 months, with 33,000 people taking up the service since the start of the year alone.
Thursday 17 April 2014
Chinese officials yesterday rejected US claims its currency is damagingly undervalued, maintaining it is important to stick to its current plan of gradual re-valuations.
Thursday 17 April 2014
One of the founders of Aberdeen Asset Management is set to launch a new wealth management firm on the London stock market this morning.
Thursday 17 April 2014
The New York attorney general is probing more than half a dozen high-speed trading firms, a source said yesterday, as part of his wide-ranging probe into alleged unfair technology advantages on Wall Street.
Thursday 17 April 2014
BHP BILLITON yesterday lifted its full-year production guidance for iron ore and metallurgical coal, having achieved record levels during the first nine months of the year.
Thursday 17 April 2014
RICHARD KNIGHTS | LIBERUM
Thursday 17 April 2014
MEXICAN miner Fresnillo said yesterday that it is on track for 2014, despite a significant decline in gold production in the first quarter.
Thursday 17 April 2014
RECKITT Benckiser signalled yesterday that it is leaning towards a spin-off of its troubled pharmaceuticals arm as it posted a better-than-expected rise in fourth quarter sales.
Thursday 17 April 2014
INFLATION in the Eurozone last month dropped to its lowest level in over four years, figures from Brussels revealed yesterday.
Thursday 17 April 2014
CHINA’S economy grew at its slowest annual rate in 18 months at the start of this year, yet the level was faster than economists had expected and gave a boost to stocks in Hong Kong.
Thursday 17 April 2014
MOST finance firms plan on hiking spending on cybersecurity and data management this year, according to a study published yesterday by recruiters Robert Half.
Thursday 17 April 2014
A COMMITTEE of MPs are calling on the government not to scrap the national census, amid concerns that Whitehall is not making the most of the data it already collects.
Thursday 17 April 2014
SHARES of boutique investment bank Moelis & Co rose almost five per cent in their debut yesterday, after it cut the size of its offering and priced below its targeted range.
Thursday 17 April 2014
RUSSIAN steelmaker Evraz yesterday blamed scheduled maintenance works for an eight per cent drop in crude steel production in the first quarter, but said prices for its products had started to pick up at the end of the period.
Thursday 17 April 2014
HOUSEBUILDER Persimmon said yesterday that demand for new houses continued to strengthen, helped by government intervention to help first-time buyers.
Thursday 17 April 2014
RESIDENTIAL landlord Grainger has bought a portfolio of homes in London’s golden postcodes of Kensington and Chelsea for £160m which it plans to refurbish.

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