Business

Mothercare Destination Maternity

Destination Maternity Mothercare bid over

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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 Map

Eurozone economic activity little improved

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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...
Narcissus

Do Narcissistic CEOs perform better than others?

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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

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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

Microsoft profit fall of 7% in Q4 2014

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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...
Apple Logo

iPhone sales lifted Apple profits for Q3 2014

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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

Credit Suisse Q2 2014 loss

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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...
SFO

Serious Fraud Office Forex trading probe launched, UK

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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

Tesco CEO leaves as Unilever executive comes in

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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

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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...