News

News

Government sells off 5.4% of RBS stake

The government has begun its sell-off of shares in Royal Bank of Scotland (LON:RBS), taking their 79% stake to just below 73%. The shares were...
hsbc

HSBC profits rise, driven by success in Asia

HSBC (LON:HSBA) reported positive half yearly earnings this morning, with a pre-tax profit of $13.6 billion, up 10% on a year ago. Figures were driven...

UBS trader convicted for rigging Libor rates

City trader Tom Hayes has been found guilty by a jury of rigging Libor rates, in a scandal that shook the industry. Tom Hayes has been found...
bank of england

Bank of England announce inflation forecasts on ‘Super Thursday’

Mark Carney is set to announce the Bank of England's inflation forecasts in a press conference on Thursday, giving way to speculation that an interest...

Bitcoin price drops – but what lies ahead for cryptocurrencies?

The value of Bitcoin dropped to $275 yesterday, after a month of constant climbing. Bitcoin rallied strongly during Greek crisis, seeing around a 40 percent rise...
hsbc

HSBC profits rise, driven by success in Asia

HSBC (LON:HSBA) reported positive half yearly earnings this morning, with a pre-tax profit of $13.6 billion, up 10% on a year ago. Figures were driven...

Greek markets fall 22% after five weeks of closure

Athens' main stock index has seen its biggest drop on record as it opened this morning after a five week closure. The Athex saw a...

Eurozone inflation sticks at 0.2%

The Eurozone's annual inflation rate stayed at 0.2% for July according to estimate today by Eurostat, with the unemployment rate remaining flat. The figures suggesting...

Slow wage growth impacts the dollar

Figure released today showed wage growth in America was lower than predicted, questioning the proximity of a rate hike by the Federal Reserve and causing a...

Tsipras defends Varoufakis’ taste in shirts – and his ‘Plan B’

Greek Prime Minister Alexis Tsipras has acknowledged that his government made contingency plans in case they did not receive a third IMF bailout. In a...