Alphabet reports 21% increase in Q2 revenue, stock soars
Google’s parent company Alphabet reported a 21% surge in second quarter revenue year-on-year.
Consolidated revenue grew 25% in constant currency, driven by increased use of...
British Gas lost nearly 400,000 customers in first half of 2016
British Gas lost nearly 400,000 customers in the first half of the year as many long-term contracts ended and thousands of consumers switched to...
Higher CEO pay linked to worse shareholder return
Companies with the highest CEO pay give a worse shareholder return in the long term than companies with the lowest CEO pay.
So concluded investment...
British consumers lose confidence big time post Brexit
We were warned that British consumers would lose confidence big time if we voted for Brexit – Britain Exiting the European Union – but...
May condemns post Brexit attacks on foreigners and welcomes Poles
UK Prime Minister Theresa May condemned the attacks on Polish communities following the Brexit vote on 23rd June, and sought to reassure all Poles...
Royal Bank of Canada beats Toronto-Dominion Bank to first place
Royal Bank of Canada ranks highest in overall customer satisfaction among the country’s Big 5 Banks, beating Toronto-Dominion Bank (TD), which had been the...
McDonald’s creating 5,000 new UK jobs
McDonald's is to create 5,000 new UK jobs over the next 18 months, despite what the company describes as challenging economic conditions.
In making the...
Cenovus Energy posts Q2 $267m loss says cutting costs big time
Canadian integrated oil company Cenovus Energy Inc. reported a $267 million loss for Q2, but says it is cutting costs big time and expects...
Countrywide warns of drop in profits as Brexit stalls UK property market
Countrywide warned that full-year 2016 earnings will be lower than last year amid a stalling property market in London following the EU referendum last...
Lloyds announces an additional 200 branch closures and 3,000 job cuts
Lloyds Banking Group, the UK’s largest retail bank, announced that it is accelerating cost cutting plans amid an economic slowdown following last month’s Brexit...