Business

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Debenhams appoints Amazon fashion boss, Sergio Bucher, as new chief executive

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Debenhams PLC announced on Thursday that it has appointed Amazon’s European fashion boss, Sergio Bucher, as its new chief executive, replacing Michael Sharp –...
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...
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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...
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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...