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...
Rolls-Royce is in favour of the UK staying in the EU
Rolls-Royce, part of the BMW Group, has said that it is in favour of the UK staying in the European Union (EU).
The carmaker's parent company,...
Chinese foreign investment reached $1 trillion in the decade to mid-2015
Knight Frank, a UK-based property consultancy, said in its annual Wealth Report released on Wednesday that Chinese investors have funneled approximately $1.03 trillion (£737.7...
Lancashire packaging company goes into administration, blames plastic bag charge
A British packaging company in Lancashire has gone into administration following the introduction of a 5p charge for plastic bags in England.
Forty workers have...
G20 warns that a ‘Brexit’ could cause a shock to the global economy
The G20 group of the world’s largest economies warned that the global economy could suffer a “shock” if the UK votes to leave the...
US dollar surged on Friday following robust economic reports
The US dollar surged on Friday on new economic data which revealed a sharp increase in consumer spending last month and a promising increase...
Lloyds reports dividend growth despite drop in full-year profits
Lloyds Banking Group posted a 7 percent drop in annual pre-tax profits, down to £1.6 billion from £1.7 billion the previous year.
However, despite a...
Ryanair urges the UK to stay in the EU
Irish low-cost airliner Ryanair has voiced its stance against the UK leaving the EU, stressing that a ‘Brexit’ would not save the UK money...
Mars announces global recall of chocolate bars after plastic was found in a product
Mars announced a global recall of chocolate bars after a piece of plastic was found in a Snickers bar in Germany.
The American confectionery giant...
Oil exploration in the UK Continental Shelf is at an all-time low
Oil exploration in the UK Continental Shelf (UKCS) is at an all-time low ‘with no sign of improving’, according to the Oil & Gas...