Starwood received $13 billion cash offer from China’s Anbang Insurance Group Co
Starwood Hotels & Resorts Worldwide Inc announced that it received a $13 billion cash offer from China's Anbang Insurance Group Co – more than...
Sainsbury’s makes £1.4 billion bid for Argos owner Home Retail Group
Sainsbury’s, the UK’s second largest supermarket, has made a formal £1.4 billion bid for Argos owner Home Retail Group (HRG) after South Africa's Steinhoff...
George Osborne announces new sugar tax on soft drinks manufacturers
Chancellor George Osborne has announced a new sugar tax on soft drinks manufacturers as part of an effort to tackle childhood obesity.
The soft...
Serious Fraud Office drops forex price-rigging probe
The Serious Fraud Office (SFO) has dropped a criminal investigation into allegations of price-rigging in the foreign exchange market. The SFO concluded that it...
UK government offering low-paid workers cash incentives worth up to £1,200
The UK government confirmed that people on benefits who regularly save money will be offered cash incentives of up to £1,200 over four years....
80% of CBI members want the UK to stay in the EU
The Confederation of British Industry (CBI) revealed that 80% of its members want the UK to stay in the European Union (EU).
The majority of...
Number of UK workers on zero-hour contracts increased to 801,000
Zero-hour contracts are becoming more common in the UK. The number of workers on zero-hour contracts increased by 104,000 over the past year to...
Brexit warning by Carney who believes banks would leave London
Bank of England Governor Mark Carney warned MPs that leaving the EU would have a significant impact on the UK economy and increase the...
BoE offering extra liquidity to UK banks in the run up to EU referendum
The Bank of England announced that it will be offering banks extra funds in the event of the UK voting to the EU.
Commercial banks...
China’s growth target for 2016 is in the range of 6.5% to 7%
China’s growth target for this year has been set in the range of 6.5% to 7%.
Chinese Premier Li Keqiang is set to announce the...