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Twitter eyes up Asian expansion

After a difficult couple of months Twitter (NYSE:TWTR) has announced their intention to focus heavily on expansion in Asia and the Middle East, hoping...

Chinese stocks break three day winning streak

Chinese stocks dropped again on Tuesday as the yuan weakened against the dollar, despite a stronger midpoint set by the People's Bank of China. The fall...

Nationwide hit by Budget banking tax

Nationwide has estimated that a new banking tax introduced in the July Budget may cost it £300 million, affecting their ability to lend. Nationwide is...
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UK inflation turns positive

Consumer Price inflation has risen to 0.1 percent in July, up from 0 percent in June. The Consumer Price Index has remained flat for the...

Morrisons to sell off local stores

Morrisons (LON:MRW) is in talks to sell its convenience store branch of the company to the same investment firm that rescued Monarch Airlines, Greybull Capital. The...

Liberty Interactive to acquire clothing site Zulily

Liberty Interactive Corp (NASDQ:QVCA) has announced its intention to acquire Zulily Inc (NASDAQ:ZU), in a deal valued at $2.4 billion. Liberty Interactive hopes to take advantage of the...

Government to sell stake in King’s Cross development

The government have announced plans to sell their 36.5 percent stake in the King's Cross redevelopment, in order to boost their finances. The 67-acre King's...

FTSE CEOs earn 183x the average salary

The chief executives of FTSE 100 companies were paid almost 183 times more than the average U.K. worker last year, according to figures released today. Data...

Japan’s economy shrinks further

Japan's economy shrank at an annualised pace of 1.6 percent in April-June, according to figures released today. Exports slumped and consumers cut back spending, fuelling...

MPC member warns of leaving rate rise too long

Bank of England policy maker Kristin Forbes has warned that waiting too long to raise rates could damage recovery, in an article for The...