PSA Group guarantees production at Vauxhall plants until 2021 if takeover goes ahead
PSA Group chief executive Carlos Tavares reassured unions and the government that production at Vauxhall plants in Britain will be guaranteed until at least...
AMD launching new high-performance Ryzen chips on March 2
Advanced Micro Devices Inc. is planning a “hard launch” of its new Ryzen chips on March 2.
The AMD Ryzen™ 7 desktop processors, specifically designed...
Barclays’ 2016 pre-tax profit nearly tripled to £3.2 billion
UK banking giant Barclays posted a surge in annual profits for 2016 on higher investment banking revenues and a significant drop in litigation and...
Swedish start-up raises $22 million to disrupt global background music market
Spotify-backed Swedish start-up Soundtrack Your Brand has raised $22 million in a funding round set to secure its place as the world's fastest growing...
HSBC’s 2016 pre-tax profit plunged by 62%
HSBC annual pre-tax profit plunged by 62 per cent for 2016, falling way below what analysts had forecast.
The British bank reported pre-tax profits of...
Amazon creating 5,000 new jobs in the UK this year
US tech giant Amazon plans on creating over 5,000 new jobs in the UK this year, boosting its total UK workforce to 24,000 by...
SME optimism about 2017 high, despite uncertainties says AMEX
SME optimism about the future is high according to a new global survey from American Express.
A survey of a representative sample of senior executives...
Theresa May meeting PSA boss over planned Vauxhall takeover
UK Prime Minister Theresa May will meet Carlos Tavares, the head of the France’s Groupe PSA, about its planned acquisition of General Motors’ loss-making...
UK employment rate breaks record while real pay growth weakens
The employment rate in the United Kingdom reached a new record high in the 3 months ending December 2016. Meanwhile, rising prices have eroded...
RBS might not have to sell Williams & Glyn unit under new Treasury proposal
Royal Bank of Scotland group plc might not have to sell its Williams & Glyn unit under recent proposals made by the Treasury.
RBS is...