Business

Aston Martin roars back into profit for the first quarter
Posted on May 24, 2017 at 3:56 pm

The sports car maker has made a first-quarter profit this year for the first time in a decade. […]

Manchester bombing probe seeks 'network' of suspects as Britain tightens security - Washington Post
Posted on May 24, 2017 at 3:02 pm

Washington PostManchester bombing probe seeks 'network' of suspects as Britain tightens securityWashington PostMANCHESTER, England — The police chief leading the investigation into a suicide bombing that killed 22 people at a Manchester concert said Wednesday that the attacker had not acted alone and authorities were trying to unravel a wider web of plotters.Manchester Bombing Suspect Was Allegedly Part of a NetworkNBCNews.comMore raids in Manchester; Soldiers protecting key UK sitesABC NewsManchester terror attack: Police in frantic hunt for bomb maker, mastermindFox […]

Salman Abedi: Bomber in Ariana Grande concert attack - CNN
Posted on May 24, 2017 at 2:29 pm

CNNSalman Abedi: Bomber in Ariana Grande concert attackCNNManchester, England (CNN) Police have named 22-year-old Salman Abedi, a British national of Libyan descent, as the man who carried out the deadliest terror attack to hit the UK in 12 years. Abedi was already known to authorities, UK Home Secretary ...Police Investigate 'Network' of Salman Abedi, Manchester BomberNew York TimesBritain dispatches military as it stares down the threat of further attacksWashington PostManchester attack: Three more arrests in bomber investigationBBC NewsLos Angeles […]

Pope welcomes Trump at the Vatican despite past disagreements - Washington Post
Posted on May 24, 2017 at 2:17 pm

Washington PostPope welcomes Trump at the Vatican despite past disagreementsWashington PostVATICAN CITY — Pope Francis welcomed President Trump to the cradle of Roman Catholicism on Wednesday, delivering a message of peace even as the pontiff emphasized his role as the world's moral counterpoint to the president's nationalist agenda.The Latest: Trump meets with Belgian prime ministerMiami HeraldThe tale of Donald Trump's visit with Pope Francis, in 2 picturesCNNTrump to Pope Francis After Vatican Meeting: I 'Won't Forget What You […]

British sports car maker Lotus bought by China's Geely
Posted on May 24, 2017 at 1:30 pm

The British sports car maker is being bought by the Chinese owner of Volvo cars. […]

Tiffany fails to sparkle as sales keep sliding
Posted on May 24, 2017 at 12:53 pm

More woe for upmarket jeweller as consumers continue to opt for cheaper brands. […]

Nokia 3310 sparks wave of nostalgia as it goes on sale
Posted on May 24, 2017 at 12:30 pm

Experts say its success will depend on how much people are willing to pay to indulge their nostalgia. […]

Google plans to track credit card spending
Posted on May 24, 2017 at 12:13 pm

A new product from Google will link the clicks on ads with offline spend to prove digital ads work. […]

Ineos to buy Dong Energy's oil and gas arm in £1bn deal
Posted on May 24, 2017 at 10:30 am

The petrochemicals giant says the move will make it the biggest private group operating in the North Sea. […]

Ikea unpacks Jesper Brodin as new chief executive
Posted on May 24, 2017 at 10:02 am

Flatpack furniture giant's Sweden boss will move up to a global role in September. […]

Moody's cuts China's credit rating for first time since 1989
Posted on May 24, 2017 at 9:48 am

China dismisses the one-notch cut by Moody's, accusing it of using "inappropriate methodology". […]

Not just Bitcoin...
Posted on May 24, 2017 at 9:07 am

Why digital currencies are hitting record highs. […]

Brum in the sun
Posted on May 24, 2017 at 8:40 am

There are now more than 240 international campuses as universities take their brands to a global market. […]

Dixons Carphone says consumers keep spending
Posted on May 24, 2017 at 8:16 am

Sales at the Currys and PC World owner rise 4%, helped by a strong performance in southern Europe. […]

Weak French sales and restructuring costs hit Kingfisher
Posted on May 24, 2017 at 8:03 am

Investors sell out as the B&Q and Screwfix owner reports lower sales and restructuring costs. […]

M&S annual profits fall by 64% as revamp costs bite
Posted on May 24, 2017 at 8:02 am

Charges for closing stores and revamping the pension scheme hit the bottom line at the retailer. […]

Nokia 3310: How long could you survive with a retro phone?
Posted on May 23, 2017 at 11:10 pm

Technology correspondent Rory Cellan-Jones swaps his smartphone for the retro Nokia 3310 for a day. […]

Will Opec extend output cuts in bid to push up oil prices?
Posted on May 23, 2017 at 11:07 pm

Opec is hoping to extend existing oil production cuts, in order to push prices higher. […]

'Nothing we could do'
Posted on May 23, 2017 at 11:00 pm

Mexico is the world's fourth largest car exporter, but could Donald Trump bring this to an end? […]

Andrea Radrizzani: Italian businessman completes Leeds United takeover
Posted on May 23, 2017 at 8:02 pm

Italian businessman Andrea Radrizzani completes his takeover of Championship club Leeds United from Massimo Cellino. […]

US accuses Fiat Chrysler of using 'defeat devices'
Posted on May 23, 2017 at 7:28 pm

The software features came in about 104,000 diesel-engine jeeps and trucks sold in the US. […]

Sean FitzPatrick cleared as Anglo Irish trial collapses
Posted on May 23, 2017 at 1:04 pm

Sean FitzPatrick will be acquitted after longest criminal trial in Irish state history collapses. […]

How does Britain work?
Posted on May 23, 2017 at 11:06 am

The way we work is changing. Here's a breakdown of how people in the UK are employed. […]

Cuban revolution
Posted on May 22, 2017 at 11:35 pm

As the internet becomes more widespread in Cuba, online start-ups are emerging. But challenges remain. […]

Doing it my way
Posted on May 22, 2017 at 11:29 pm

More and more women in the UK are setting up their own firms as a way of reconciling the demands of work and family. […]



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BNP Paribas pays $350 million to settle New York currency probe
Posted on May 24, 2017 at 4:41 pm

NEW YORK (Reuters) - French bank BNP Paribas on Wednesday agreed to pay $350 million to New York’s banking regulator to resolve a probe of misconduct in its foreign exchange business. […]

OPEC nearing deal to extend oil output cut to March 2018
Posted on May 24, 2017 at 4:33 pm

VIENNA (Reuters) - OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months to clear a global stocks overhang and prop up the price of crude. […]

Wall St. creeps higher; Fed minutes eyed
Posted on May 24, 2017 at 4:06 pm

(Reuters) - U.S. stocks were modestly higher late on Wednesday morning, aiming for a fifth straight day of gains, as investors awaited Federal Reserve minutes of its May meeting that could cement the chances of an interest rate hike next month. […]

Linde, Praxair reach agreement on details of merger
Posted on May 24, 2017 at 3:12 pm

FRANKFURT (Reuters) - German industrial gases group Linde and U.S. peer Praxair have reached a deal in principle on details of their proposed $70 billion merger, Linde said on Wednesday. […]

U.S. appeals court hears arguments weighing on Wall Street policing
Posted on May 24, 2017 at 3:10 pm

WASHINGTON (Reuters) - A U.S. appeals court panel questioned government lawyers at length on Wednesday in oral arguments on whether or not the Securities and Exchange Commission's hiring of administrative law judges for in-house proceedings violated the Constitution. […]

Bitcoin soars above $2,400 to all-time high
Posted on May 24, 2017 at 2:55 pm

(Reuters) - Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. […]

Home sales fall as tight supply boosts prices
Posted on May 24, 2017 at 2:43 pm

WASHINGTON (Reuters) - U.S. home resales fell more than expected in April, weighed down by a chronic shortage of houses on the market that is keeping house prices elevated and sidelining prospective buyers. […]

Analysts wary over Fiat Chrysler's emissions but say not as bad as VW
Posted on May 24, 2017 at 1:41 pm

MILAN (Reuters) - Any potential fines Fiat Chrysler (FCA) may need to pay to settle a U.S. civil lawsuit over diesel emissions will unlikely top $1 billion, analysts said, adding the case appeared less serious than at larger rival Volkswagen . […]

Citi struggles to bring back shine to its Mexican crown jewel
Posted on May 24, 2017 at 1:32 pm

MEXICO CITY/NEW YORK (Reuters) - The newly refurbished Citibanamex branch in Mexico City's affluent Del Valle neighborhood opens into a Scandinavian-chic space where salespeople chat with clients at touch screens. The next room, though, is filled with customers queueing up in front of tellers or waiting on benches. Outside, more line up to use the ATMs. […]

Moody's downgrades China, warns of fading financial strength as debt mounts
Posted on May 24, 2017 at 1:17 pm

SHANGHAI/BEIJING (Reuters) - Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise. […]