Business Archive
Brexit impact would partly depend on WTO negotiations: WTO chief
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The impact of a British vote to leave the European Union would depend in part on Britain’s negotiations with members of the
UK productivity plummets in fourth-quarter at fastest rate since financial crisis
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British economic productivity fell late last year at the fastest pace since the depths of the financial crisis, raising fresh doubt about
Tata Steel UK suitor to start due diligence in around 10 days
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Liberty House Group will start due diligence within a week from Monday on the loss-making UK assets that Tata Steel (TISC.NS) has
Retail, mining, pharma stocks rally to boost FTSE
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Britain’s top share index edged higher on Thursday, boosted by rises in pharmaceutical and mining stocks, while retailers were also in favour
Pele sues Samsung for $30m over lookalike use in ad
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Brazilian football legend Pele is suing South Korean electronics giant Samsung, after claiming the firm improperly used a lookalike in an advertisement.
Foxconn finalises Sharp takeover
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Taiwanese manufacturer Foxconn says it has finally agreed a deal to take over struggling Japanese electronics company Sharp. Foxconn said the deal
Weak US consumer spending expected to delay interest rate rise
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Fresh evidence of subdued consumer spending and soft inflation in the US has bolstered expectations that the Federal Reserve will hold back
Royal Mail raises first class stamp price to 64p
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The cost of a first class stamp will rise to 64p this week, taking the price increase to 100% over the past
China sees industrial profits grow at start of 2016
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China’s industrial profits returned to growth in the first two months of 2016, partly due to a recovery in the property market
Financial sector confidence about UK economy drops sharply
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Fears over the UK’s faltering economic outlook have been underlined by a survey showing a sharp drop in confidence among financial services