Boeing-Lockheed venture invests in rocket engine with Bezos firm
The Boeing Co and Lockheed Matin Corp joint venture, United Launch Alliance (ULA), stated that it will be investing in a new rocket engine,...
JD Sports profits soar
JD Sports posted a record profit for the first half of the year and improved its full year guidance. The British sports-fashion retail company...
Inditex sales slip because of strong euro
Inditex SA, the world's largest clothing retailer, has suffered a drop in its first-half profit. Its second quarter gross margin declined to 56.5 percent from 58.9...
UK unemployment fell 146,000 to 6.2 percent
UK unemployment declined by 146,000 to 6.2% in the 3-month period ending in July, according to figures published by the Office for National Statistics....
China may have to wait for the iPhone 6
Apple’s newest iPhone 6 may not sell in China for a quite a while, according to reports that claim Apple has not come to...
Sony warns of bigger loss
Sony warns that its net loss for the year ending in March will be much greater than expected, possibly as high as ¥230 billion...
China pumping $81 billion into banks
China is pumping $81 billion or 500 billion yuan into its five largest state-owned banks, joining the European Central Bank in trying to boost...
US stocks recover after Fed says rates won’t increase
American stocks gained momentum and markets improved as investors anticipate that the Federal Reserve will continue with low interest rates. The Dow closed today...
NASA to spend billions on revolutionary space taxis
Boeing and SpaceX have both been contracted by NASA to develop commercial space taxis, which are capable of transporting astronauts back and forth from...
German investor sentiment falls again
German investor sentiment in September fell again, the ninth successive month of decline, according to ZEW (Zentrum für Europäische Wirtschaftsforschung - Center for European...