Chinese manufacturing accelerates in October
Chinese manufacturing growth reached a three-month high in October, despite domestic and foreign demand slowing down, according to HSBC.
Commenting on the Flash China Manufacturing...
EU refuses to guarantee Ukraine’s Russian natural gas payments
Talks between Russia, Ukraine and the EU have broken down after the European Union refused to guarantee payments for Russian natural gas supplies to...
Abbott reports earnings of $538 million, hit by tax charge
Abbott Laboratories has reported third quarter earnings of $538 million (36 cents per share).
Its third quarter earnings are down 44 percent compared to $966...
Boeing reports third quarter revenue of $23.78 billion
Boeing earned $1.36 billion in its third quarter, an 18 percent increase from the same period last year, driven by strong demand for commercial...
GlaxoSmithKline 3rd quarter results beat expectations
London-based pharmaceutical giant GlaxoSmithKline plc posted a pre-tax profit of £548 million for the third-quarter (ending September 30). Although this was a fraction of...
Consumer prices rose 0.1% in September
Consumer prices increased a seasonally adjusted 0.1% in September after falling 0.2% in August - in line with economists' estimates. The figure is a...
Eleven banks probably failed ECB stress test
Spanish newswire EFE says eleven banks probably failed the European Central Bank’s stress test. Details on which banks did not make the grade will...
HSBC and First Trust Bank breached SME Loan Rules, says UK regulator
HSBC Holdings plc and First Trust Bank of Northern Ireland breached loan rules by forcing SME’s that were applying for a loan to open...
Bank of England majority against rate rise
Out of the nine members of the Bank of England’s MPC (Monetary Policy Committee), only two voted against keeping interest rates at a record...
Homebase to speed up store closures, UK
Homebase, part of Home Retail Group, plans to cut one quarter of all its stores by 2019, the company announced on Wednesday. Several of...