News

News

Merger deal boosts UK supermarket shares

Shares in UK supermarkets Sainsbury's and Morrisons were both up after news of merger between Dutch-based Ahold and Belgian Delhaize. In the deal announced today, Ahold...

UK government cuts stake in Lloyds Bank

Britain has cut its share in Lloyds banking group to below 17 percent, it was revealed in a stock market disclosure this morning. The taxpayer's stake...

Starbucks puts £19m into Global Farmer Fund

Starbucks has allocated another £19m to its Global Farmer Fund, an enterprise offering loans to farmers to help them prepare for extreme weather and...

Crystal Maze hits crowdfunding target in 8 days

After widespread media excitement, The Crystal Maze reached its crowdfunding target yesterday, just one week after the campaign went live. The interactive experience is based on...

UK public borrowing at eight year low

Public finances are starting to benefit from economic growth, as May's public borrowing falls to eight year low. Britain's borrowing fell from £12.350bn in May...

Fitbit shares surge in market debut

Shares in technology company Fitbit have risen more than 50% on their first day of trading on the NYSE. The seven-year-old company is known for...

China heading for biggest weekly fall since 2009

The Shanghai Composite Index fell 3.7 percent at the close yesterday, making it a drop of 7.4 percent for the week. This will be...
rate hike

Yellen says “room for improvement” before interest rates can be raised

Forecasts released by the Fed yesterday showed most officials expect to begin raising short-term interest rates before the end of the year. However, in their...

EU “impossible” without Britain

A European Union without Britain would be "impossible", says Italian Prime Minister Matteo Renzi. This comment comes after Renzi met with David Cameron to discuss...
coinsilium

Bitcoin surges as ‘Grexit’ looms

Bitcoin saw a 7 percent surge today, as concerns of a Greek exit from the EU drove Greek depositors into the decentralized digital currency. The...