News

News

FTSE 100 sheds 1% following poor results from Apple and BHP...

The FTSE 100 was down over 1% in early trade after poor results from Apple hit tech stocks and lower commodity prices encouraged the...
bank of england

Monetary Policy Committee votes 9-0 to keep rates at 0.5%

Minutes of the Monetary Policy Committee's July policy meeting published this morning show that, despite a vote to keep the interest rate steady for now, support...

Toshiba’s chief exec resigns over accounting scandal

Toshiba's (6502.T) chief executive Hisao Tanaka resigned at close of trade today along with a string of other senior management figures, after the company suffered the...

Government borrowing falls – but not far enough

British government borrowing in June fell to its lowest point in seven years, but failed to beat analysts' upbeat predictions. According to the Office of...
bull market

Earnings season beats expectations

Earnings season is well underway, with many companies performing above analysts' expectations. This morning, European shares headed for a flat to slightly higher open,...

Paypal jumps as eBay falls

PayPal Holdings Inc (PYPL.O) shares jumped as much as 11 percent, after returning to the Nasdaq this morning. Today marks the day that Paypal splits from eBay, who...

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...