News

News

Chinese central bank announce rate cut

China's central bank have announced that it will cut interest rates and relaxed reserve requirements in a further attempt to bring the economy under control. The...
tesco

Supermarkets suffer further slow growth

The Big Four supermarkets had another slow quarter, as growth in the British grocery market continues to stagnate according to figures from Kantar Worldpanel. Fraser McKevitt,...

Chinese policy makers step back to watch Great Fall

As the 'Great Fall of China' continues, it appears that Chinese policy makers have begun to take a step back and let the markets...

DAX index drops nearly 4 percent; worst since 2007

Germany's DAX index is heading for a bear market after tumbling 3.8 percent today. The index has lost all of its gains for the year and...

CBI suggests UK economy picking up

Britain's economy may pick up faster than expected, according to the latest figures released by the Confederation of British Industry. The CBI predicted "decent quarterly...

Situation in China worsens, hitting euro shares and commodities

Global markets have been volatile in early trading, after Chinese shares dropped nearly 9 percent overnight to 3 year lows. Investors are growing increasingly worried...

Nigeria could be the next to devalue their currency

Nigeria could be the next to devalue their currency Analysts at Societe Generale have earmarked the Nigerian Naira as the next Emerging Market currency...

Markit PMI figures show euro growth

Markit Flash euro zone PMI showed growth on last month's figures at 54.1, up from 53.9 last month. This is the fastest pace of...
bank of england

Retail sales rise slower than expected, hits pound

British retail sales rose by 0.1 percent in July - below analysts expectations - according to official data released today. July's figures bring overall growth for...

Qantas bounces back into the black

Australia's national carrier Qantas has bounced back from recent losses, reporting a pre-tax profit of 975 million Australian dollars. The results beat analysts expectations, and...