News

News

Summer impacts on UK alcohol sales

Sales of UK-made sparkling wine have risen, according to new data from the Office of National Statistics. There are almost 500 vineyards operating in England and...

Greek banks open after three weeks of closure

Banks in Greece are reopening today after three weeks of closure, as the government initiates repayment of its loans to the ECB and IMF. Capital controls...

Huawei report 30% revenue rise

Chinese telecoms giant Huawei has reported a 30% rise in revenues for the first six months of the year. This is an advance on last...

Travelodge seek advice on sale

The owners of Travelodge have reportedly appoint Deutsche Bank to advise them on a £1 billion sale or stock market flotation of the hotel...

Varoufakis condemns Greek bailout package, says reforms are bound to fail

In an interview with the BBC, former Greek Finance Minister Varoufakis said the latest Greek deal will "go down in history as the greatest disaster...

Chinese P2P lending increases with volatile markets

The online peer to peer lending sector is growing in China as much as anywhere else, however enticements to get involved may spell bad news...

M&S down after clothing boss quits

Marks and Spencer was one of the biggest fallers on the FTSE 100, down 16.16 points after it was announced that the head of its clothing business...

Pound rises against the euro

The pound rose to its highest rate against the euro since November 2007 this morning, climbing to €1.4350 at its highest point. In a statement today Mario...

Citi reports strong growth

Citigroup delivered quarterly earnings this morning that topped analysts' expectations, announcing its highest quarterly profit in eight years. Legal expenses plunged and restructuring efforts and...
netflix

Netflix soars after boost in subscribers

Investment in original content such as Orange is the New Black appears to be working for Netflix, as the company gained nearly a third more subscribers than expected...