Ferrari set to go public on the NYSE
Fiat Chrysler Automobiles announced that it has filed a request with U.S. regulators to spin off Ferrari in an initial public offering.
The IPO is...
Japan’s Nikkei acquiring The Financial Times for £838 million
The Financial Times is being acquired by Japanese media group Nikkei from UK-based Pearson for £844 million payable in cash.
The deal represents the biggest...
UK car production surges to seven-year high
UK car production boomed to a seven-year high in the first half of 2015, according to The Society of Motor Manufacturers and Traders (SMMT)....
UK interest rates could rise soon despite BoE vote to hold steady
All members of the Bank of England’s Monetary Policy Committee voted to keep interest rates at 0.5 percent on July 8, including Martin Weale...
UK government borrowing dropped to record low in June
UK government borrowing dropped in June to the lowest level for the month in seven years, suggesting that the recent economic recovery is helping...
IKEA to pay UK workers above 2016 living wage
IKEA Group announced on Monday that it will begin paying its employees above the government's new National Living Wage next year.
Earlier this month Chancellor...
Gold prices plunge to five year low
Gold prices dropped to a five year low on Monday, plunging 4 percent at one point to $1,088 a troy ounce - the lowest...
Ciudad Real Airport sold for only €10,000
Ciudad Real Airport, a Spanish “ghost airport” which cost around €1.1 billion (£760 million) to build, is set to be purchased by Chinese investment...
Martin Wheatley standing down as head of FCA
There is now a global search for a new head of the Financial Conduct Authority (FCA) after it was announced that Martin Wheatley will...
Bank of England could increase interest rates this year
The Governor of the Bank of England indicated on Thursday night that interest rates in the UK could begin to increase by the end...