It was another heart-in-mouth moment for Barack Obama last night, as the US House of Representatives narrowly averted the second government shutdown in just over a year within two-and-a-half hours of its deadline.
Manufacturing output in China slipped to a year-on-year rate of 7.2 per cent in November, failing to match the 7.7 per cent achieved in October and falling below the target of 7.5 per cent for the month.
TEN GLOBAL banks were fined a total of $43.5m (£27.7m) by US regulators yesterday for their attempts to misuse analysts’ research to gain lucrative jobs on Toys R Us’ attempted stock market flotation in 2010.
PLANS announced yesterday by Labour leader Ed Miliband would saddle the UK with more borrowing and therefore more government debt than under Conservative plans, according to the Institute for Fiscal Studies.
BRITISH living standards are improving, even as they stagnate in neighbours such as France, official EU statistics showed yesterday.
The UK is tied in fourth place with Nordic states Denmark, Finland and Sweden.
US RETAIL sales jumped by 0.7 per cent in November compared to October, data showed yesterday.
It marks an improvement on the 0.5 per cent month-on-month increase in October, according to the US Commerce Department.
WHITBREAD yesterday said it was confident of delivering full-year results in line with expectations, after posting another strong quarter of growth from its Premier Inn hotels and Costa Coffee, as both businesses continued to win market share.
SUPERGROUP boss Euan Sutherland has said it has drawn a line under its disappointing first half and is confident about its prospects for the rest of the year after September’s warm weather hurt profits.
THE FORMER chairman and founder of investment bank Evolution Securities, Richard Griffiths, yesterday became the third largest shareholder of Cupid, the former dating website operator which will soon be renamed Castle Street Investments.
SONY should fear China’s censors almost as much as rival Microsoft when it launches its PlayStation 4 gaming console in the world’s third-largest gaming market next month, tech research firm Gartner suggested yesterday.
British energy services company John Wood Group yesterday announced that it expects full-year results to be largely in line with expectations – an improvement on last year’s results, and defying fears over possible knock-on effects from the fallin
BUS AND rail operator The Go-Ahead Group yesterday announced that its full-year expectations for both operations remain unchanged.
It said trading for the year-to-date had been robust, with revenue up across all business units.
BUSINESS communication and IT services giant Daisy Group yesterday announced the appointment of Neil Muller as chief executive of the company, following the news of founder and former chief executive Matthew Riley’s promotion to executive chairman