BP Q2 profit rise
A BP Q2 profit rise was boosted by its investment in Rosneft, the Russian energy group. *Replacement Cost Profits increased to $3.2 billion, 34%...
Dollar Tree merger agreement with Family Dollar
A Dollar Tree merger deal with Family Dollar worth $8.5 billion has been agreed, the two companies announced today. In the cash and stock...
Virgin America IPO planned
The long-awaited Virgin America IPO (initial public offering) announcement was made by the airline that is partly owned by British billionaire Sir Richard Branson...
Nissan Q1 profit up 13.4 percent
Nissan Q1 profit increased by 13.4% to ¥122.6 billion ($1.20 billion), beating most analysts’ expectations, as sales in its two largest markets – China and...
Huge Ryanair profit jump raises forecast
A Ryanair profit jump of 152% to €197 million in the Q1 2014 compared to €78 million in the same quarter last year triggered...
Will sanctions stop Russia meddling in the Ukrainian crisis?
After the Malaysia Airlines flight MH17 was shot down over Eastern Ukraine, the EU is expected to take a tougher position, like the USA...
European IPOs reaching record levels
Since the summer of 2013, the jump in European IPOs is reaching record levels. The second quarter of 2014 posted the best Q2 since...
US consumer spending increased in June
According to Deloitte, US consumer spending increased in June, reversing a recent trend. The Deloitte Consumer Spending Index monitors consumer cash flow as an...
Air France-KLM Q2 profits nearly tripled
Thanks to an effective cost-cutting program, Air France-KLM Q2 profits nearly tripled to €238 million compared to €84 million in the second quarter of...
RBS profit jump pleases investors
Preliminary interim results showing a pre-tax RBS profit jump to £2.65 billion ($4.5 billion) for H1 2014, compared to £1,374 in H1 2013, surprised...