Category: Articles

The euro slumped to its lowest trading point in nearly 14 months yesterday afternoon.

Bank customers in the future will be able to access their bank accounts with just the touch of a finger, with new technology being trialled by Barclays.

The Confederation of British Industry (CBI) is launching a new campaign in an attempt to restore confidence levels in British businesses.

Wall Street markets opened in optimistic shape this morning, (Wednesday, 3 September), as reports of talks towards a ceasefire in Ukraine boosted stock performance across the board.

The latest figures from the European Fund and Asset Management Association (EFAMA) have revealed that long-term UCITS funds saw their largest net inflow for a quarter since 2006.

The British Minister for Courts and Legal Aid has called on India to open up its legal sector to firms from overseas.

The Bank of Cyprus has announced that it is to proceed with a €100 million retail share placing as part of its €1 billion share capital increase drive.

The latest results of influential surveys have revealed that manufacturing growth in the UK and the eurozone have both slumped. According to the Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) for the regions, the rate of output growth has slowed at a more rapid rate than recently.

Shares in UK supermarket giant Tesco fell to an 11-year low after the firm issued a lower than expected profit forecast.

The spectre of more EU sanctions has helped the Russian rouble set a new record low, as it fell to 37.03 per US dollar on Friday.

The latest official figures have revealed that the economies of Japan, China and Brazil continue to lose drive, as the Indian market enjoys significant growth.

Richard Branson’s Virgin brand has launched a new competition aimed at Britain's food start-up companies.

Foreign direct investment in Zimbabwe has slumped by more than half, according to the head of the African country's central bank.

The world’s biggest mining company, BHP Billiton, has announced plans to spin-off some its metals and mining assets.

Kremlin-managed energy company Rosneft has partnered with Norwegian firm Statoil to look for oil in the Arctic.

One of the biggest Banana firms in the world, Chiquita, has knocked back a joint takeover bid of $611m (£366m) (€457m) from Cutrale and Safra.

Chinese PC manufacturer Lenovo has announced a 23% increase in net profits, with the firm saying it will continue to look for acquisition opportunities.

New proposals being discussed by the UK Treasury could see hundreds of thousands of non-residents have their tax-free allowance on their UK earnings taken away.

Official estimates released today, (Thursday 14 2014) have confirmed that growth in the Eurozone has ground to halt in Q2.

Scandal hit security firm G4S has reported pre-tax profits of £85m for the first half of the year. The figures to the end of June compare to a loss over the same period last year of £94m.

An annual survey has revealed that most Scots think an independent Scotland should retain the use of the pound.

New research reveals the scale and economic impact of unfilled vacancies on the UK economy – representing a staggering annual cost of over £18bn.

Ladbrokes has suffered a dip in profit of nearly 50% in the first half of the year. The bookmaker, which despite the sharp fall reported strong business throughout the World Cup in Brazil, also said it was in a good position for growth.

The Royal Bank of Scotland (RBS) is looking for a buyer for Coutts International. It is the foreign operation of the Swiss-based private bank which services HM Queen Elizabeth’s II personal account.

The ban on food imports imposed by Russia could see pork farmers in the UK facing pressure to lower prices, experts have warned.

Baker & McKenzie has regained the title of the world’s largest law firm, seeing its revenue rise by 5% in the 2013/14 tax year.

Gambling company 888 Holdings has posted excellent Q2 results, with revenue growth being seen across each one of its gaming platforms.

The troubled flag-carrier of Malaysia is going to undergo a ‘wholesale change’, according to the country’s prime minister. The details of a restructuring plan are set to be announced this month.

Carillion is urging its sometime large project partner Balfour Beatty to re-join merger talks between the two firms, after they collapsed amid a US business Balfour wants to sell.

The United States has announced plans to target firms based in the country from setting up tax centres outside of the country.

Walgreen's has rejected proposals to shift its tax base away from the US and to UK shores, after bringing the plans together raised concerns that it would not hold up to scrutiny.

Plans revealed by HM Revenue & Customs (HMRC) is set to make inheritance tax planning a bigger challenge for everyone except the super-rich.

UK interest rates have been held again by the Bank of England. They remain at a record low of 0.5%.

US - Africa Leaders Summit

DuPont today announced the election of Ulf M. "Mark" Schneider, President and CEO of Fresenius SE & Co. KGaA to its board of directors, effective 22 October.

Malcolm Marshall, UK and global lead in KPMG's cyber security practice says amid political disputes businesses need to be ready to defend themselves, as the cyberspace in which they operate increasingly becomes the new battleground.