News

News

Credit Agricole expected to be fined £516m by US investigators

French bank Credit Agricole is expected to pay a fine of £516 million to settle charges of breaking US sanctions in the Middle East. The...
tharisa

UK Steel Crisis: Tata Steel announces 1200 job cuts

Indian steel company Tata Steel has announced restructuring plans that may lead to the loss of 1,200 jobs at its plants in Scunthorpe and...
scotland oil

Oil prices fall on China data

On Monday, oil prices fell by more than 2% due to concerns of China's economic growth. China, the world's largest energy consumer, grew at...

Morgan Stanley’s earnings fall sharply

Morgan Stanley's profit has slumped for the second straight quarter with the net profit falling by 42% from  $1.63bn to $939m. The global markets have felt...
tesla

Tesla cars to ‘self-park’ from today

Starting from today, electric cars made by Tesla (NASDAQ:TSLA) in the US will be able to steer and park themselves according to Chief Exective...
bank of england

Unemployment at lowest level in seven years

The UK unemployment rate has fallen to its lowest level in seven years, according to figures released today by the Office for National Statistics. The...
bull market

JP Morgan results fall short of expectations

One of the world's biggest banks, JP Morgan Chase, has reported a net income of $6.8 billion, below analysts' expectations. Net revenue was $23.5 billion, down from...

UK inflation back in the red

UK inflation dropped to -0.1 percent in September, according to figures released today by The Office for National Statistics. The Consumer Price Index was below the...

AB InBev raises SABMiller takeover offer to £67bn

Anheuser-Busch InBev, who brews Budweiser, Stella Artois and Corona, has made its fourth offer to takeover rival SABMiller in the hopes to create a...

Dell to buy EMC in a record technology deal

The computer company Dell Inc has announced that it is uniting with data storage company EMC Corp to create an enterprise tech powerhouse. This $67 billion...