JPMorgan reports Q2 2014 earnings down 8 percent
JPMorgan reports Q2 2014 earnings, which declined by 8% as America’s largest bank (along with most others in the industry) struggles with falling incomes...
UK June inflation increased to 1.9 percent
UK June inflation rose to 1.9% (annualized) compared to 1.5% in May, driven by high increases in the prices of non-alcoholic drinks, food, footwear...
Citigroup mortgage probe settlement worth $7 billion agreed
A Citigroup mortgage probe settlement has been agreed with US authorities. America’s third largest bank will pay a total of $7 billion to various government...
Airbus unveils A330 Family enhancements
At the Farnborough Airshow in England today, Airbus unveiled its medium-range widebody A330 Family enhancements. The A330neo program consists of two versions – the...
Manchester United Adidas deal worth 750 million pounds signed
A Manchester United Adidas deal worth £750 million ($1.3 billion) has been signed by the English Premier League giant and the German sportswear maker....
Lindt Russel Stover takeover deal agreed
A Lindt Russel Stover takeover deal has been agreed by the two companies. The Swiss chocolate giant is to buy its American rival, creating...
Shire recommends AbbVie’s proposal
After receiving a £53.20 ($91.05) per share offer, Shire recommends AbbVie’s proposal to its shareholders. Under the new offer, the Dublin-based company's shareholders would...
Hony Capital buys PizzaExpress
Hony Capital buys PizzaExpress for about £900 million ($1,540 million). The Gondola Group, which owns Pizza Express and belongs to Cinven Ltd., confirmed the...
American Airlines CFM International order for $2.6bn
An American Airlines CFM International order worth $2.6 billion has been announced by the two companies to provide the advanced LEAP-1A engines for 100...
Federal regulators sue Amazon for kids’ purchases
Federal regulators sue Amazon for illegally charging account holders for kids’ purchases without their consent. The lawsuit alleges that the online retail giant allowed...