News

News

Morning Round-Up: Scottish Power fined £18m, BP profits hit by oil,...

Scottish Power fined further £18m Energy firm Scottish Power have been ordered to pay an £18 million fine by regulator Ofgem. A new computer system implemented...

Standard Chartered shares jump as bank shows signs of progress

Troubled bank Standard Chartered saw shares jump nearly 8 percent this morning, after results released today showed chief executive Bill Winters may be beginning...
oil

Saudi Aramco to float 5 percent on the stock market

The Saudi Arabian Oil Co will be opening itself up to privatisation for the first time, according to deputy crown prince Prince Mohammed bin Salman. The world's...

Midday flash: markets and currencies down before Fed meeting, GBP up

Markets were cautious on Monday ahead of central bank meetings in both the US and Japan later this week. Another rate decision is expected by...

Is state market intervention pushing Japan into trouble?

The Bank of Japan has become one of the biggest shareholders in the Japanese stock markets, according to the latest research by Bloomberg. The Nikkei...

Morning Round-Up: BHS files for administration, Ball-Rexam sell assets, Sony down

British Home Stores goes under British high street retailer BHS will file for administration today, putting nearly 11,000 jobs at risk. In a letter to staff,...

Morning Round-Up: Government to nationalise Port Talbot, Microsoft down, Daimler under...

Government to part-nationalise Tata Steel plants The UK government have announced plans to part-nationalise Tata Steel's Port Talbot plant, according to business secretary Sajid Javid....

Barack Obama causes controversy after urging Britain to stay in the...

US President Barack Obama landed at London Stansted yesterday for a three day visit, with plans to meet with politicians as well as lunching...

Osborne misses borrowing target after just one month

UK public borrowing has gone over the target set by George Osborne just over a month ago, according to figure released today. Public borrowing has...
google alphBET

EU accuses Google of anti-trust violations

The EU has charged Google with abusing the dominance of its Android operating system, limiting competition and "stifling innovation". In a statement released today, the...