Business

Lloyds Banking Group

Lloyds Banking Group H1 profit plunged 50 percent year-over-year

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Lloyds Banking Group H1 profit plunged by over 50% to £574 million ($970.8 million) compared to £1.56 billion in H1 2013. The partly-government owned...

Investor risk tolerance driven by fear of losing, not spending habits

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A team of researchers has found that investor risk tolerance is driven much more by the fear of losing money than spending habits. As...
Argentina Default

Argentina defaults again

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Argentina defaults again, the second time the country says it cannot meet its debt obligations in thirteen years, after eleventh-hour negotiations with a group...
Statue of Liberty

US GDP grew 4 percent in the second quarter

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US GDP grew 4 percent (annualized) in the second quarter, surprising experts and more than making up for the 2.1% contraction during the first quarter,...
Twitter logo

Twitter shares soared on Q2 results

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Twitter shares soared more than 30% in early trading after posting a year-over-year revenue jump of 124% to $312.2 million and a 24% monthly...
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Barclays H1 profit fell 7 percent

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Barclays H1 profit fell 7% to £3,349 million compared to £3,591 million in H1 last year, due mainly to currency movements and a decline in...
USA

Americans still worried, despite the economic rebound

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Despite leading indicators showing that the US economy continues moving into positive territory and the Dow Jones Industrial Index is at record levels, why...

Can Google searches predict stock market crashes?

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A team of researchers have developed a method which shows that certain patterns in Google searches predict stock market crashes. The team, from Boston University...

Dollar Tree merger agreement with Family Dollar

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A Dollar Tree merger deal with Family Dollar worth $8.5 billion has been agreed, the two companies announced today. In the cash and stock...
Russian Button

Will sanctions stop Russia meddling in the Ukrainian crisis?

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After the Malaysia Airlines flight MH17 was shot down over Eastern Ukraine, the EU is expected to take a tougher position, like the USA...