News

News

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...

Volkwagen affected by China’s slowing auto market

Volkswagen's Audi is abandoning plans to sell 600,000 cars in China after tepid demand in the market, it was announced today. This comes after China...

Protests rage as Greek government passes bailout proposal

The Greek parliament has approved a stringent bailout programme, thanks to the votes of the pro-European opposition. The vote took place amongst some of the...

Greek Parliament continues to debate deal

Greek MPs are debating the bailout deal offered by the EU containing harsh austerity measures, which must be approved by the end of the day...
rate hike

Janet Yellen confirms US central bank are on track to raise...

Federal Reserve Chair Janet Yellen has announced today that the U.S. central bank remains on track to raise interest rates this year. Her semi-annual testimony...