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Chinese factory activity beat expectations in September

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Chinese factory activity beat expectations in September, picking up more than forecast, according to official government manufacturing data, but it still contracted for the...
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London plans to tighten rules for firms like Uber

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There could be tighter regulation in store for private hire vehicles (PHV) in London which would affect app-based ride-hailing companies such as Uber. Transport chiefs in...
Mortage cap

UK mortgage lending is on the rise

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Mortgage lending in the UK is on the rise. In August lenders approved the greatest number mortgages in over a year and a half. According...
Global warming

Companies should be more open about climate change footprint, says Carney

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The governor of the Bank of England, Mark Carney, said that companies across the world need to be more transparent about their “climate change...
Drone

Drone “near misses” with aircraft prompts talks about tighter regulation

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There could be tighter regulation in store for the use of drones after a string of “near misses” with aircraft close to major airports...
glencore

Glencore shares plunge 30 percent, sends FTSE down 2 percent

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Glencore shares plummeted 30 percent today amid fears of lower metal prices. Shares in the commodity giant plunged to a record low of 69p on...
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Nike Inc first quarter profits beat expectations

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Nike reported better than expected profits for the three months to 31 August. The sportswear giant posted profits of $1.18 billion (£775 million) in the...
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Starbucks raising UK minimum wage to £7.20 an hour

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Starbucks announced that it will be raising the minimum wage for its employees in the UK to 7.20 pounds ($10.92) an hour in April...
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North Sea cod removed from UK danger list

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The UK Marine Conservation Society's (MCS) has removed North Sea cod off its list of fish to avoid eating. Strict catch controls were introduced in...
George Osborne

George Osborne praised in China for focusing on business relations

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Chancellor George Osborne is being praised in China for not focusing on human rights in his visit to Xinjiang. Instead, he has strictly focused on improving...