BoE keeps rates unchanged, lowers UK growth forecast
The Bank of England kept interest rates unchanged at 0.75% and lowered its forecast for UK growth for this year and 2020.
The BoE now...
Pinterest five billion valuation raises another $200 million
Social media website Pinterest announced it has raised another $200 million at a $5 billion valuation. Analysts predict Pinterest is set for a large...
New Jaguar Land Rover vehicles to be electric or hybrid from 2020
Jaguar Land Rover (JLR) announced that all new vehicles from 2020 will either be electric or hybrid.
A hybrid car uses both gasoline and electricity...
Cypress increases offer to acquire Integrated Silicon Solution Inc
Cypress Semiconductor Corp said late Friday that it has increased its offer to acquire Integrated Silicon Solution Inc (ISSI) to $20.25 per share in...
Royal Dutch Shell wins legal battle against Indian authorities over tax dispute
Royal Dutch Shell has won a legal battle against Indian authorities over a high-profile tax case involving billions of dollars.
The Bombay High Court...
WTO chief warns that a Brexit would cost UK consumers billions in additional import...
World Trade Organization chief Roberto Azevedo warned about the potential economic cost of a Brexit, stating that leaving the EU would cost UK consumers...
EU bans binary options – gambling or real trading product?
The European Financial Supervisory Authority has announced that it will extend a temporary ban on speculative products known to retailers as "binary options". This...
Aggreko maintains full-year profit guidance
Glasgow-based Aggreko said that it is maintaining its full-year profit guidance, despite a six percent drop in third-quarter revenues compared to last year.
The temporary...
UK companies positive on job creation
More than half of UK companies say they expect to create new jobs, the first time since the start of the Great Recession, according...
Investing in stocks – a good idea?
Investing in stocks can be very lucrative, but it is certainly not risk free. If you are thinking about investing in stocks you should...