Business

oil well

Brent crude rose to above $50 a barrel for the first time in almost...

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Brent crude rose to above $50 a barrel for the first time in almost seven months in early Asia trade Thursday. July Brent oil...
salesforce

Salesforce to use Amazon Web Services for expansion, $400 million deal

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Amazon.com Inc.’s cloud-computing services, Amazon Web Services (AWS), is now officially Salesforce’s “preferred public cloud infrastructure provider”, according to public statements issued by the...
houses

UK property sales dropped 45% between March and April, HMRC reveals

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The recent changes to stamp duty have had a significant impact on British property sales, with UK property sales down 45% between March and...
spotify logo

Spotify reports surge in annual revenue, but has yet to turn a profit

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Spotify reported an 80 percent rise in revenue in 2015, with sales climbing up to $2.2 billion, however, it has yet to turn a...
Fracking

Controversial fracking operation in North Yorkshire has been approved

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A controversial fracking operation in North Yorkshire has been approved. It will be the first application of fracking in England since a ban was...
George Osborne

Osborne warns that a Brexit could cause a year-long recession

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George Osborne warned that if the UK votes to leave the European Union the economy could enter a year-long recession. A new analysis by...
Brexit

Governor of the Bank of Japan says Brexit is one of the most serious...

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The governor of the Bank of Japan warned that a Brexit is one of the most serious risks facing the global economy. Haruhiko Kuroda...
Co-op-Bag-web-e1463833335545-600x393

Co-operative Group bringing back its blue “cloverleaf” design logo

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The Co-operative Group is carrying out a major revamp of its branding structure in the UK as part of an effort to recover its...
Eurostar passenger slump

Eurostar slump as terrorist attack jitters keep travellers away

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Eurostar says there has been a slump in passenger numbers using its high-speed train service, because terrorist attack jitters are keeping passengers away, in...
Bank of England

BoE policymaker says UK may need additional monetary stimulus after June vote

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Bank of England policymaker Gertjan Vlieghe said that the UK central bank may have to provide the economy additional monetary stimulus if it does...