EU creditors agree on Greek bailout package worth 86 billion euros
A Greek exit from the European Union has been avoided thanks to an agreement made at an emergency Eurozone summit on Tuesday.
Greece and its...
UK inflation dropped to zero in June
UK inflation dropped down to zero again in June, suggesting that the Bank of England will wait a while before raising interest rates.
According to...
FTSE 100 surges on news of a Greek bailout deal
Markets across Europe rebounded on Monday on news that EU leaders agreed on a deal for a Greek bailout.
The UK FTSE 100 index climbed...
Apple Pay could go live in the UK this Tuesday
According to reports, Apple Pay - the digital wallet for iOS users - will go live in the UK this Tuesday.
A digital wallet or...
UK now has over 500,000 ‘property millionaires’
Over half a million homeowners in the UK own a property worth at least £1 million, according to Zoopla.
The website found that the total number...
Samsung releasing the Galaxy Note 5 this August
Samsung will release the new Galaxy Note 5 in mid-August 2015, according to a report by the WSJ citing people familiar with matter.
The South Korean-based decided to...
US mortgage rates drop amid global uncertainty
Mortgage rates in the US dropped this week amid uncertainty in world financial markets.
The 15-year fixed average rate dropped to 3.20% from 3.24% the...
UK trade deficit drops to lowest level in nearly two years
The UK’s trade in goods deficit fell to the lowest level in almost two years in May as ship imports and material manufactures dropped...
P&G agrees to merge 43 of its beauty brands with Coty
Procter & Gamble announced that is merging 43 of its beauty brands with Coty Inc. in a Reverse Morris Trust transaction worth around $12.5 billion.
In...
Ford moving production of Focus and C-Max out of the US
Ford announced that it will no longer produce the Focus and C-Max vehicles at its Michigan Assembly plant starting in 2018.
In a statement the...