BoE policymaker says UK may need additional monetary stimulus after June vote
Bank of England policymaker Gertjan Vlieghe said that the UK central bank may have to provide the economy additional monetary stimulus if it does...
UK retail sales bounced back in April, up 1.3%
UK retail sales bounced back last month, with sales volumes up 1.3% in April compared with the previous month and 4.3% higher than the...
US Federal Reserve could raise interest rates next month
The Federal Open Market Committee (FOMC) minutes suggest that the US central bank could raise interest rates next month if economic data points to...
American Eagle Outfitters reports surge in quarterly earnings
American Eagle Outfitters Inc reported a jump in quarterly earnings on Wednesday, posting earnings per share (EPS) of $0.22 for the first quarter ended...
Lowe’s reports better-than-expected quarterly sales, beating analysts’ projections
Lowe's Companies, Inc posted better-than-expected first-quarter sales, beating analysts' projections, thanks to favorable weather conditions and strong demand for home renovation and building products....
Charter completes $71 billion mega acquisition of Time Warner Cable and Bright House
Charter Communications announced that it has finally completed its acquisition of Time Warner Cable and Bright House Networks.
Charter paid around $60 billion for Time...
UK Treasury receives dividend payment of £130 million from Lloyds
The UK Treasury has received a dividend payment from Lloyds Banking Group of £130 million, bringing the total amount received from dividends to £318...
Is British Airways really planning on charging passengers for meals?
Is British Airways actually about to ditch free food in economy class?
Various media reports suggest that the airline could soon begin charging passengers for...
Warren Buffett acquires $1 billion stake in Apple, sends stock up 3.7%
Warren Buffett's investment firm Berkshire Hathaway has acquired a $1 billion stake in the technology giant Apple.
In a recent regulatory filing the company disclosed...
BHS suitors have been told to increase their offers by Tuesday
BHS suitors have been told to increase their offers for the retailer by Tuesday, according to a report by The Financial Times.
It is understood...