Caterpillar posts strong third quarter results
Caterpillar pleased investors after posting a third quarter net profit of $1.1 billion ($1.63 per share) compared to $946 million ($1.45 per share) in...
UK exports decline may undermine manufacturing growth, warns CBI
While growing during the three-month period ending in October 2014, the UK manufacturing’s pace of expansion slowed as new export orders weakened, according to...
Unilever posts weakest sales growth in nearly five years
Unilever's third quarter sales growth was the weakest in nearly five years. The company promised investors that further cost cuts, and new and cheaper...
Lloyds Banking Group to announce 9,000 job cuts
Lloyds Banking Group will be laying off around 9,000 people over the next three years. These 9,000 jobs represent about 10% of its total...
Spain’s unemployment rate drops to 23.7%
The Spanish unemployment rate is falling, with the number of Spaniards without a job dropping by 195,200 in the third quarter from the previous...
Debenhams posts 24.8 percent profit slump
British multinational department store chain Debenhams plc posted a 24.8% pre-tax profit decline to £87.2 million in the year to August 30, 2014, even...
Chinese manufacturing accelerates in October
Chinese manufacturing growth reached a three-month high in October, despite domestic and foreign demand slowing down, according to HSBC.
Commenting on the Flash China Manufacturing...
Boeing reports third quarter revenue of $23.78 billion
Boeing earned $1.36 billion in its third quarter, an 18 percent increase from the same period last year, driven by strong demand for commercial...
Consumer prices rose 0.1% in September
Consumer prices increased a seasonally adjusted 0.1% in September after falling 0.2% in August - in line with economists' estimates. The figure is a...
Eleven banks probably failed ECB stress test
Spanish newswire EFE says eleven banks probably failed the European Central Bank’s stress test. Details on which banks did not make the grade will...