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French tax income 14 billion euros short

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President François Hollande assured everybody when he came into power two years ago that French tax income would increase if he dramatically raised income,...

Cristiano Ronaldo, the world’s most marketable footballer

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The most marketable footballer (soccer player) globally is Portugal’s Cristiano Ronaldo, according to marketing research experts Repucom’s latest rankings. Argentina’s Lionel Messi takes second spot,...

GlaxoSmithKline fraud probe by UK’s Serious Fraud Office

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A GlaxoSmithKline fraud probe into its commercial practices by the UK’s Serious Fraud Office (SFO) is underway. GlaxoSmithKline (GSK) is also being investigated in...
Google self-driving car

Google self-driving car project announced

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Google has announced it is to build self-driving cars. The Google Self-Driving Car Project team will build about 100 prototypes and will start testing them...

US Consumer Confidence improves but housing mixed

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The US Consumer Confidence Index improved moderately in May after falling in April, says The Conference Board. The Consumer Confidence Index edged up from...

TSB flotation announced

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Lloyds Banking Group has announced a 25% TSB flotation (IPO) set for the end of June, with small investors receiving one free share for...

Tax crackdown nets £23.9 billion in extra revenue, UK

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The tax crackdown by the UK government has resulted in a record £23.9 billion in additional tax revenue compared to last year, says HM...

Pfizer AstraZeneca takeover bid ends

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The largest drugmaker in the world, Pfizer, has abandoned its AstraZeneca takeover bid “Following the AstraZeneca board’s rejection” of the £55 a share proposal....

Conference on Inclusive Capitalism, making it fairer

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Political and business leaders have gathered in London for the Conference on Inclusive Capitalism, which seeks to find practical ways to turn the capitalist...
ECB

Very low inflation may delay spending, Draghi warns

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Mario Draghi, President of the European Central Bank (ECB), warned that expectations of extremely low inflation, or even deflation could encourage Eurozone businesses and...