US economy added 215,000 jobs in July, jobless rate at 5.3%
The U.S. economy added 215,000 jobs in July, representing yet another strong month of job creation, while the unemployment rate held at a relatively...
William Hill half-year profits plunge 35 percent
UK bookmaker William Hill has reported a big fall in half-year profits after being hit by changes to betting taxes.
William Hill, one of the...
Pfizer accused of inflating epilepsy drug prices in the UK
Pfizer Inc. has been accused of inflating the price of an anti epileptic drug, known as phenytoin sodium, in the UK.
The UK Competition and...
London City Airport is going up for sale
London City airport is about to be put up for sale, according to recent reports.
US-based Global Infrastructure Fund (GIP), owner of London City airport,...
UK sold off £2.1 billion stake in RBS, Osborne being criticised
The UK sold off a £2.1bn stake in Royal Bank of Scotland (RBS), representing the return of the company to the private sector and...
HSBC pre-tax profit up 10 percent in first half of the year
HSBC posted a 10 percent increase in profit in the first half of this year compared to the same period last year.
In the first...
Facebook unveils solar-powered drone “Aquila”
Facebook has revealed its first solar-powered drone, Aquila, which it plans on using to provide internet access to remote areas.
The drone, which has a wingspan comparable to...
Microsoft investing $100 million in Uber
Microsoft agreed to invest around $100 million in Uber, according to a person close to the matter, making it apparent that the two companies are working on...
US economy rebounds, growth climbs up to 2.3%
The US economy returned to growth in the second quarter, according to what the latest Commerce Department data showed Thursday in Washington.
The American economy...
Sky plc reports 18 percent jump in yearly earnings
UK-based Sky plc reported an 18 percent jump in earnings for the year to 30 June, posting operating profits of £1.4 billion on revenues...