Destination Maternity Mothercare bid over
The Destination Maternity Mothercare bid is over, says the world’s largest designer and retailer of maternity clothing. The US chain said in a statement...
Eurozone economic activity little improved
The Eurozone Leading Economic Index (LEI) increased by 0.4% in May, following a 0.2% fall in April, says The Conference Board. Eurozone economic activity...
Do Narcissistic CEOs perform better than others?
When it comes to financial measures, narcissistic CEOs perform better than others, researchers found in a new study. This “dark side of the executive...
UK economy recovered completely in second quarter
In the second quarter of 2014, the UK economy recovered completely from the economic shrinkage caused by the financial crisis and the Great Recession that followed....
Microsoft profit fall of 7% in Q4 2014
Recently acquired Nokia reported a loss of $692 million, which contributed to a Microsoft profit fall of 7% to $4.6 billion in Q4 2014...
iPhone sales lifted Apple profits for Q3 2014
iPhone sales lifted Apple profits, which rose by 12% to $7.75 billion or $1.28 per diluted share in Q3 2014 (ending June 28th). From March...
Credit Suisse Q2 2014 loss
After having to pay a $2.6 billion settlement with US authorities for helping Americans dodge taxes, a Credit Suisse Q2 2014 loss of 700 million francs...
Serious Fraud Office Forex trading probe launched, UK
A Serious Fraud Office forex trading probe has been announced in the UK. The criminal investigation into alleged price rigging in the $5.3 trillion...
Tesco CEO leaves as Unilever executive comes in
Philip Clarke, Tesco CEO leaves, making way for Unilever’s Global President of Personal Care, Dave Lewis. The UK supermarket chain, the second largest retailer...
UK foreign direct investment created over 66,000 jobs in 2013
UK foreign direct investment in 2013 was the highest in Europe and the second highest in the world, after the United States, creating 66,390...