UK house price rises slowed in August
UK house price rises slowed in August to their lowest rate in a year, according to the RICS UK Residential Market Survey published by...
NAB to sell British assets and focus on Australasian operations
National Australia Bank (NAB) says it plans to get rid of its British loss-making investments so that it can focus on improving operations at...
Microsoft Q2 revenue beat expectations on strong cloud segment performance
Microsoft reported revenues of $26.1 billion for the second quarter of fiscal year 2017, beating what most analysts had projected.
Revenue in the firm’s...
Boeing-Embraer joint venture
In a new Boeing-Embraer joint venture, Boeing is buying control of Embraer's commercial jet unit. According to the deal, Embraer's commercial jet unit, i.e.,...
What is a Leveraged Buyout (LBO)?
A leveraged buyout (LBO) occurs when one company acquires another company using borrowed money.
For an acquisition to be considered an LBO there has to...
Cheap steel threatens US jobs
Cheap steel is putting hundreds of thousands of US jobs at risk as the US steel industry plunges into an import crisis, says a...
Yahoo plans to spin off its $40 billion stake in Alibaba
Yahoo Inc is spinning off its 15 percent stake in the Chinese tech giant Alibaba Group Holding Ltd. Yahoo has been pressured by its...
UK manufacturing grows slightly in November driven by domestic demand
UK manufacturing increased marginally in November, driven by strong demand at home while new export orders remained subdued, says a new report published by...
UK business confidence improved in August after Brexit vote slump
Business confidence in the UK improved in August after slumping following the Brexit vote in June, according to the YouGov/Cebr UK Economic Index.
Firms in the...
Was the Fire Phone investment worthwhile?
Whether the Fire Phone investment was worthwhile depends on how many of the smartphones Amazon manages to sell. From a hardware point of view,...