News

News

JD Sports ups profit target after strong sales

JD Sports have increased its profits forecast for 2016 by 10% following a growth in sales over Christmas. Contrast to rival Sports Direct, which blamed...

BREAKING – Renault shares drop on emissions scandal raids

Shares in French car maker Renault (EPA:RNO) have dropped nearly 20 percent this morning after its offices were raided by a fraud team earlier today. French...

Cabinet minister Chris Grayling calls EU “disastrous” for UK

Following an article in the Telegraph the leader of the House of Commons lower chamber of parliament, Chris Grayling, has suggested that members of...
oil gas

Oil drops to 12 year lows

Oil fell to 12 year lows on Thursday, briefly trading below $30 a barrel before recovering, as oversupply concerns continue to affect the market. The global benchmark...

Cyprus to successfully complete bailout programme

Cyprus is likely to successfully complete its three-year bailout programme by the end of March, according to a source inside the EU. In 2013 a...

Chinese markets boosted by stronger economic data

Worries over China have been soothed by better-than-expected export figures from the country, which rose 2.3 percent on a year ago in yuan-denominated terms. China has...

Chinese gaming company takes majority share in gay app Grindr

Grindr, the LA-based dating app for gay men, has sold 60 percent of its business to its first outside investor, Chinese gaming company Beijing Kunlun...
oil

BP cuts 4000 jobs in struggle to stay ahead amidst falling...

Oil giant BP (LON:BP) has announced plans to cut at least 4,000 jobs, as oil prices continue to fall and major oil companies struggle to stay...

Comparison site Skyscanner secures £128 million investment

Travel search engine Skyscanner has secured the investment needed to take off globally, with five investor funds ploughing £128 million into the Edinburgh-based company. The...
sainsbury's

Sainsbury’s: Christmas winner in declining supermarket sector

The supermarket sector suffered another period of decline over Christmas, according to the lastest figures from Kantar Worldpanel, with Sainsbury's (LON:SBRY) the best performer...