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News

GKN Aerospace in deal to buy Dutch supplier Fokker Technologies

British engineering company GKN Plc (LON:GKN) have agreed to buy Dutch aerospace supplier Fokker Technologies Group BV for 706 million euros, in order to...

BP profits drop by a third

BP's (LON:BP) reported a dramatic drop in profits this morning, attributing poor results to lower crude prices and a huge fine related to the 2010 Gulf of...

Latest GDP data shows economic recovery

Gross domestic product grew 0.7 percent on the quarter in the April-June period, in line with economists' forecasts, after a first-quarter expansion of 0.4...
tesco

New figures show slow growth for supermarkets

New figures release by Kantar Worldpanel show slow but steady growth for British supermarkets. After a bad festive season, overall sales have now increased by...
bank of england

Jury retires in Libor rigging case

The jury in the trial of Tom Hayes, the former UBS and Citigroup trader charged with manipulating global Libor interest rates, has retired to...

US-Italian car giant Fiat Chrysler given record fine

US regulators have imposed a record fine of $105m (£67.6m) on Fiat Chrysler over recall failures, in a crack-down on manufacturer defects. The automaker will also...

What will new Innovative ISAs mean for investors?

While George Osborne's recent Summer budget provoked a variety of emotions in the public - disbelief and anger, mainly - there is likely to be one...

Greek creditors arrive in Athens for negotiations

Greece's creditors have begun arriving in Athens to start technical discussions on a third euro bailout deal. The negotiators were originally expected to arrive last...

Earnings season shows power of US tech companies

The US earnings season has been relatively strong, most notably for a number Tech companies, with most having beaten analyst's expectations. The likes of Amazon, Google...
merlin

FTSE down, led by Merlin Entertainments and Pearson

Merlin Entertainments (LON:MERL) dropped 5% after it said the disruption caused by the crash would hit profits by up to £47m. Profits for the theme parks...