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...
Destination Maternity Mothercare bid over
The Destination Maternity Mothercare bid is over, says the world’s largest designer and retailer of maternity clothing. The US chain said in a statement...
Eurozone economic activity little improved
The Eurozone Leading Economic Index (LEI) increased by 0.4% in May, following a 0.2% fall in April, says The Conference Board. Eurozone economic activity...
Do Narcissistic CEOs perform better than others?
When it comes to financial measures, narcissistic CEOs perform better than others, researchers found in a new study. This “dark side of the executive...
UK economy recovered completely in second quarter
In the second quarter of 2014, the UK economy recovered completely from the economic shrinkage caused by the financial crisis and the Great Recession that followed....
Amazon loss despite sales growth
An Amazon loss of $126 million or 27 cents a share, despite a 23% increase in revenue during the second quarter, has made investors...
GM Q2 profits down 80 percent
Costs related to millions of vehicle recalls have driven GM Q2 profits down by 80% to $200 million compared to $1.2 billion in the...
GlaxoSmithKline Q2 profits decline 23 percent
Falling sales in China and the US, as well as a strong pound contributed to a GlaxoSmithKline Q2 profits decline of 23% to £986 million...
Roche H1 sales down 1 percent due to strong franc
A strong Swiss franc sent Roche H1 sales down 1 percent to CHF22.97 billion and core earnings per share (EPS) to CHF7.50, halting the...
Facebook Q2 revenue jumped 67 percent
Thanks to a surge in adverts on mobile devices, Facebook Q2 revenue jumped 67% to $2.68 billion while profit more than doubled to $791...