RBS warned in bank stress test

lundi 30 novembre 2015

Royal Bank of Scotland and Standard Chartered were the weakest of Britain’s seven largest banks in a Bank of England test. RBS warned in bank stress test

Chinese manufacturing activity worsens

Factory activity in the world's second largest economy, China, deteriorates in November as the manufacturing sector continues to shrink. Chinese manufacturing activity worsens

Asia shares rise ahead of China data

Asian shares head higher, recovering from the previous session's losses as investors look ahead to manufacturing data from China. Asia shares rise ahead of China data

Fairy lights 'slow' wi-fi speeds

Christmas tree lights might be slowing your wi-fi speeds warns watchdog Ofcom as it releases an app that can check for interference. Fairy lights 'slow' wi-fi speeds

Cloud storage services to face enquiry

An investigation is to be launched into whether internet users are being charged unfairly when they use internet cloud storage services. Cloud storage services to face enquiry

Tonga facing up to rising seas

Tonga faces up to rising sea levels Tonga facing up to rising seas

Six ways nature has inspired technological innovation

How the natural world inspires tech innovation Six ways nature has inspired technological innovation

Stripper season in Michigan's Upper Peninsula

One unlikely club is making a nice profit during the two-week deer season in the backwoods of Michigan's Upper Peninsula. Stripper season in Michigan's Upper Peninsula

Capitalism is the solution to climate change

The Paris climate summit isn't where the action is, says the US Green Building Council CEO. Businesses motivated by profits will make the difference. Capitalism is the solution to climate change

BATS Global planning 2016 IPO: Report

The $2 billion company is expected to file for an IPO as early as December, reported the Wall Street Journal. BATS Global planning 2016 IPO: Report

Puerto Rico gov. to decide on Dec. 1 payment

Moody's credit agency has predicted that Puerto Rico will default on at least a portion of its scheduled debt on Dec. 1. Puerto Rico gov. to decide on Dec. 1 payment

If Trump loses, GOP still has Trump problem

Even if Donald Trump loses in Iowa, his success thus far will still present a problem for the GOP, Politico's Ben White says. If Trump loses, GOP still has Trump problem

Robots will save jobs, not take them: Barclays

Investing in robotics could safeguard several thousand jobs and boost the U.K. economy, according to a new Barclays report. Robots will save jobs, not take them: Barclays

The secret bribes of big tobacco

A BBC investigation has uncovered evidence of corruption and bribery at one of the UK's biggest companies. The secret bribes of big tobacco

Indian economic growth picks up to 7.4%

India's economy grew at an annual rate of 7.4% between July and September, official figures show, picking up from the previous quarter. Indian economic growth picks up to 7.4%

Corporate bond market 'facing crisis'

The chief executive of Aberdeen Asset Management tells the BBC that a lack of buyers could lead to a crisis in the corporate bond market. Corporate bond market 'facing crisis'

Cyber Monday adds to online sales surge

Cyber Monday is expected to add to one of the busiest weekends for online shopping, following Black Friday. Cyber Monday adds to online sales surge

The app to teach migrant children on the move

dimanche 29 novembre 2015

As more migrants travel to Europe or are displaced by conflict in the Middle East, another problem has emerged – education. The app to teach migrant children on the move

Asian shares fall in cautious trade

Asian shares trade lower with positive economic data from Japan failing to inspire investors about growth in the world's third largest economy. Asian shares fall in cautious trade

HS2 section to open six years early

The proposed high-speed rail link between Birmingham and Crewe will be opened six years earlier than planned, in 2027, Chancellor George Osborne says. HS2 section to open six years early

Christmas shopping by numbers

Unpicking the numbers Christmas shopping by numbers

The woman who built a coffee empire

The woman who built a coffee empire The woman who built a coffee empire

Rate-setter wants growth to stabilise

The newest member of the Bank of England's Monetary Policy Committee says growth and wages are the things that will persuade him it is time for an interest rate rise. Rate-setter wants growth to stabilise

MediaTek steps up battle with Qualcomm

MediaTek, the leading supplier of chips for Chinese mobile phones, has said it aims to steal market share from Qualcomm. The FT reports. MediaTek steps up battle with Qualcomm

BHP braces for Brazil dam lawsuit

Mining giant BHP is bracing for a $5.2bn lawsuit from Brazil's government over the devastating collapse at the Samarco mine. BHP braces for Brazil dam lawsuit

China's yuan set for IMF reserve status

The International Monetary Fund is expected to announce on Monday that China's currency, the yuan, will join the fund's select group of international reserve currencies. China's yuan set for IMF reserve status

Iran seeks $30bn of new oil contracts

Iran overhauls the way in which it offers contracts to foreign energy companies in a bid to attract up to $30bn of new investment. Iran seeks $30bn of new oil contracts

Lufthansa agrees pay deal with staff

German airline Lufthansa strikes pay deal with 30,000 ground staff as it looks to avoid further strikes. Lufthansa agrees pay deal with staff

Is there an economic case for tackling climate change?

vendredi 27 novembre 2015

Is there an economic case for tackling climate change? Is there an economic case for tackling climate change?

Wasps rugby club buzzing again

Why Wasps rugby club is buzzing again Wasps rugby club buzzing again

HSBC whistleblower jailed in absentia

A Swiss court convicts a former HSBC worker for economic espionage and sentences him to five years in jail in absentia. HSBC whistleblower jailed in absentia

Children's toy maker Vtech hacked

Vtech, a company which specialises in electronic toys and educational material for children, confirmed that it has been hacked. Children's toy maker Vtech hacked

Dutch to appeal Starbucks tax ruling

The Dutch finance ministry says it will fight a ruling ordering it to recover as much as €30m (£21.2m) in tax from Starbucks. Dutch to appeal Starbucks tax ruling

Clinton wins union endorsements, but not hearts

Clinton may have secured her democratic nomination, but the people remain passionate about Sanders. Clinton wins union endorsements, but not hearts

German shoppers' confidence 'dips'

Confidence among shoppers in Germany has dipped according to a survey, amid worries over Europe's largest economy. German shoppers' confidence 'dips'

HSBC ends private banking in India

HSBC closes its private banking arm in India, where the increasing number of wealthy individuals has led to intense competition for their business. HSBC ends private banking in India

China's stock market drops more than 5%

China's Shanghai Composite share index closes down by more than 5% after several major brokerage firms announce they are under investigation. China's stock market drops more than 5%

Are UK dividends heading for danger?

Investors should be careful about buying U.K. equities, with dividends near a low, according to research from Panmure Gordon. Are UK dividends heading for danger?

BHP rebuts UN 'toxic waste' claim

jeudi 26 novembre 2015

Australian mining giant BHP says mud spilled by the devastating collapse of a dam at a Brazilian mine is not toxic. BHP rebuts UN 'toxic waste' claim

AirAsia shares slide on poor earnings

Shares in Asia's biggest budget airline, AirAsia, fell as much as 7% on Friday after the firm posted a loss in the three months to September. AirAsia shares slide on poor earnings

Black Friday Blues and Benefits

It's a love-hate relationship Black Friday Blues and Benefits

Online chatting at work gets the thumbs up from bosses

Do social media apps in the office spell the end for work emails? Online chatting at work gets the thumbs up from bosses

Zambian businesses hit by power cuts

Power cuts are seriously affecting many of Zambia's businesses Zambian businesses hit by power cuts

Retailers brace for Black Friday frenzy

UK retailers are gearing up for the Black Friday shopping phenomenon, with analysts predicting record online sales. Retailers brace for Black Friday frenzy

China's biggest brokerage CITIC under investigation

CITIC Securities, China's biggest brokerage, and smaller rival Guosen Securities are under investigation by regulators. China's biggest brokerage CITIC under investigation

'Very significant' cuts still to come

"Very significant" government spending cuts will be imposed before the next general election, the think tank the Institute for Fiscal Studies warns. 'Very significant' cuts still to come

Barclays hit by $109M fine for mishandling super-rich

Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime. Barclays hit by $109M fine for mishandling super-rich

Hong Kong newspaper in takeover talks

The publisher of Hong Kong's South China Morning Post (SCMP) has confirmed that it is in talks to sell the popular English-language newspaper. Hong Kong newspaper in takeover talks

Tesco settles US lawsuit over profits

Tesco will pay $12m (£8m) to settle legal action by US shareholders which claimed that accounting irregularities inflated the supermarket's share price. Tesco settles US lawsuit over profits

Investor confidence returns to Asia

Asian stock markets were mostly higher as worries surrounding the downing of a Russian warplane by Turkey eased. Investor confidence returns to Asia

Philippine economy expands by 6%

mercredi 25 novembre 2015

The Philippine economy grew 6% year-on-year in the three months to September, leaving it on target to be one of Asia's fastest growing economies this year. Philippine economy expands by 6%

South Korea orders recall of 125,522 Volkswagen vehicles

South Korea said its own testing showed that Volkswagen intentionally manipulated a diesel emissions device in vehicles with an older engine. South Korea orders recall of 125,522 Volkswagen vehicles

Parliament braces for stormy session

India's parliament is due to begin a winter session, where the government will seek to push a key bill on an uniform countrywide goods and services tax. Parliament braces for stormy session

Australian quarterly capex slumps; Aussie drops

Business investment by Australian companies slumped a record 9.2 percent in the September quarter, causing the Aussie to drop 0.4 percent. Australian quarterly capex slumps; Aussie drops

Cyber-thieves 'target bargain hunters'

Cyber-thieves are preparing malware and spam campaigns in a bid to catch out retailers and shoppers during the run-up to Christmas, say experts. Cyber-thieves 'target bargain hunters'

Commonwealth looms in Brexit campaign

Should the UK choose between the EU and the Commonwealth? Commonwealth looms in Brexit campaign

The firms using Mexican prisoners

The businesses offering hope to Mexican prisoners The firms using Mexican prisoners

HIV pill price cut by half in US

The company that sparked an outcry by raising the price of its HIV drug in the US by 5,000% says it will cut its price for some users. HIV pill price cut by half in US

'Give Africa $16bn for climate change'

Temperatures across the globe are likely to break records in 2015 with readings running "well above" any previous year, scientists say. 'Give Africa $16bn for climate change'

Apple buys Star Wars animation company

Apple purchases the company behind motion-capture technology used in the latest Star Wars film. Apple buys Star Wars animation company

France detects first bird flu outbreak in years

France, the EU's biggest agriculture producer, reported an outbreak of the H5N1 bird flu virus on Wednesday, its first since 2007. France detects first bird flu outbreak in years

Energy firms 'risk losing $2tn'

The world's biggest oil and gas companies risk losing $2.2tn by overestimating future demand for fossil fuels, a report suggests. Energy firms 'risk losing $2tn'

Toyota recalls 1.6m cars over airbags

Toyota is recalling another 1.6 million vehicles equipped with defective air bags. Toyota recalls 1.6m cars over airbags

Europe recession 'could be permanent'

The worst effects of the European recession risk becoming permanent in places, according to a left-leaning think tank. Europe recession 'could be permanent'

Petrobras probe arrests billionaire

One of Brazil's richest businessman has been arrested as part of the corruption probe into the state oil giant Petrobras. Petrobras probe arrests billionaire

Malaysia's 1MDB seals China deal

The sale of one of Malaysia's most coveted power assets to a Chinese firm is raising more questions about troubled state fund 1MDB. Malaysia's 1MDB seals China deal

Russia halts gas supplies to Ukraine

Russian energy giant Gazprom says it has halted gas deliveries to Ukraine after the country failed to make upfront payments for more supplies. Russia halts gas supplies to Ukraine

Beyonce and Arcadia confirm 2016 launch

A launch of retail billionaire Sir Philip Green's new clothing company with singer Beyonce is planned for spring next year. Beyonce and Arcadia confirm 2016 launch

China slowdown hitting euro zone trade: ECB

The slowdown of economic growth in China has hit euro zone exports, the European Central Bank said in its "financial stability review" on Wednesday. China slowdown hitting euro zone trade: ECB

Asian markets fall amid global tensions

mardi 24 novembre 2015

Asia's markets were mostly lower Wednesday amid international tension over the downing of a Russian warplane by Turkey. Asian markets fall amid global tensions

Big China brokerage in $166bn error

China's biggest brokerage, Citic Securities, had overstated its derivative business by $166bn (£110bn) from April to September. Big China brokerage in $166bn error

BOJ minutes reveal worry; Japan ups minimum wage

Two Bank of Japan board members dissented from the bank's baseline scenario that inflation would reach 2 percent by 2017. BOJ minutes reveal worry; Japan ups minimum wage

Dore's $250M scandal topples Macau's house of cards

The theft of millions of dollars from investors in a Macau junket operator has hastened the demise of the gaming hub's main business model. Dore's $250M scandal topples Macau's house of cards

How Ireland built a cheese movement

How Ireland built a cheese movement How Ireland built a cheese movement

Big is beautiful for merging universities

Why are so many European universities merging? Big is beautiful for merging universities

Budapest's cafe culture proving good for business

The Budapest cafe perking up a former red light district Budapest's cafe culture proving good for business

US retailer Costco in E. coli scare

Wholesale outlet Costco is the latest retailer to be linked to an outbreak of E .coli, says the US Centres for Disease Control and Prevention. US retailer Costco in E. coli scare

9 US Fed banks called for discount rate hike

The number of regional Federal Reserve banks pushing for a hike in what commercial banks are charged for emergency loans rose to nine in October. 9 US Fed banks called for discount rate hike

Cashin: This could be 'horrific' for the market

UBS' Art Cashin says the market could take a tremendous blow if this happens. Cashin: This could be 'horrific' for the market

Alcoa strikes deal with NY to keep smelter open

Alcoa and Governor Andrew Cuomo have reached a deal in order to keep a New York aluminum smelter open. Alcoa strikes deal with NY to keep smelter open

Rolls-Royce 'confidence not good'

Rolls-Royce's chief executive Warren East says the company will be more transparent about the risks it faces and cut up to £200m of costs a year. Rolls-Royce 'confidence not good'

US stocks rattled by security concerns

Stocks on Wall Street open lower as worries over global tensions outweigh news of faster US economic growth. US stocks rattled by security concerns

Ackman boosts stake in drugmaker Valeant

Activist investor Bill Ackman's hedge fund has increased its investment in Valeant, and signaled it may play a greater role in its strategy. Ackman boosts stake in drugmaker Valeant

HP earnings: What Wall Street is looking for

Forget about the fundamentals this time, one analyst says. HP earnings: What Wall Street is looking for

US economy grows more than expected

US economic growth for the third quarter is revised up due to stronger investment and house building. US economy grows more than expected

Peugeot to publish 'real world' data

French carmaker Peugeot Citroen plans to measure and publish "real world" fuel usage and pollutant emissions of its main passenger vehicles Peugeot to publish 'real world' data

Hundreds of new jobs at Jaguar Land Rover

Jaguar Land Rover is set to hire hundreds of new workers as the car manufacturer announces plans to double the size of its factory near Wolverhampton. Hundreds of new jobs at Jaguar Land Rover

Pfizer deal under fire in the US

Drugs giant Pfizer's $160bn (£106bn) deal to buy Botox-maker Allergan is criticised by US politicians as an attempt to slash its tax bill. Pfizer deal under fire in the US

Kingfisher hit by 'soft' French market

Kingfisher, whose chains include B&Q, Screwfix, Castorama and Brico Depot, reports a dip in third quarter profits, with the weaker French market affecting trade. Kingfisher hit by 'soft' French market

Easyjet cancels Sharm el-Sheikh flights

Easyjet cancels all flights between the Egyptian resort of Sharm el-Sheikh and the UK until 6 January. Easyjet cancels Sharm el-Sheikh flights

Rolls-Royce plans 'major restructuring'

Engineering group Rolls-Royce is to give details of a "major restructuring" of the business, after having announced five profit warnings in less than two years. Rolls-Royce plans 'major restructuring'

Sharp shares surge on debt relief hope

lundi 23 novembre 2015

Shares in troubled electronics maker Sharp surge more than 35% in Japan on a report that its lenders might waive some of its debts. Sharp shares surge on debt relief hope

Asia shares mostly down on Tuesday

Shares in Asia were mostly down on Tuesday following declines in the US and as iron prices continued to hurt mining-led shares Asia shares mostly down on Tuesday

The doctor will text you now

The doctor will text you now The doctor will text you now

Islands want more cash from fishing

Islands want a bigger share of fishing income Islands want more cash from fishing

How data is shining a light on global property markets

How data is shining a light on global property markets How data is shining a light on global property markets

Bond markets spark cheap money fears

The past few months have seen a number of market watchers express concern about the corporate bond market. What is the problem? Bond markets spark cheap money fears

Cramer: I don't know what to do with Chipotle

CNBC's Jim Cramer said Monday he is at a loss with regard to Chipotle Mexican Grill's situation. Cramer: I don't know what to do with Chipotle

Exec of one of China's biggest brokers is missing

Shares of Guotai Junan International Holdings tumbled on Monday after the company said it had been unable to reach its chairman since last week. Exec of one of China's biggest brokers is missing

Fire risks prompt tumble dryer recall

A "significant" number of tumble dryers sold in the last 11 years in the UK may need a repair owing to fire risks. Fire risks prompt tumble dryer recall

VWs can also cheat EU emissions tests

A lab test carried out for the BBC shows that VW diesel cars programmed with a "defeat device" can cheat the official EU pollution test, as well as the test in the US. VWs can also cheat EU emissions tests

Procter & Gamble should break up company: Report

Procter & Gamble should consider breaking up the company to improve its beleaguered performance, Barron's financial newspaper said. Procter & Gamble should break up company: Report

Pfizer close to $150bn Allergan deal

The biggest deal in pharmaceuticals history is expected to be announced later after the board of Pfizer approved a bid for Botox-maker Allergan worth a reported $150bn (£100bn). Pfizer close to $150bn Allergan deal

UK 'failing to stop corrupt money'

The UK's "woefully inadequate" money laundering checks fail to block corrupt money and terrorist funds, an anti-corruption body warns. UK 'failing to stop corrupt money'

Paris attacks 'hit French economy'

Growth in the French service sector slowed to a three-month low in November in the wake of the Paris attacks, Markit's PMI survey suggests. Paris attacks 'hit French economy'

Morocco to open giant solar plant

A giant plant using energy from the sun to power a Moroccan city at night will open next month. Morocco to open giant solar plant

HSBC shareholder backs HQ move from UK

HSBC shareholder Standard Life would back banking giant HSBC if it decided to move its headquarters out of the UK. HSBC shareholder backs HQ move from UK

Hong Kong brokerage chairman missing

dimanche 22 novembre 2015

Shares in Hong Kong brokerage firm Guotai Junan International fall 17% after the company announces its chairman Yim Fung has been unreachable for days. Hong Kong brokerage chairman missing

Asian shares lack direction on Monday

Shares in Asia lacked direction on Monday ahead of an unscheduled US Federal Reserve meeting later in the day. Asian shares lack direction on Monday

The tea boss in love with the drink

Meet the man who has had a lifelong love affair with tea The tea boss in love with the drink

Spending Review: What is it?

How is it different from the Autumn Statement? Spending Review: What is it?

Europe recession 'could be permanent'

The worst effects of the European recession risk becoming permanent in places, according to a left-leaning think tank. Europe recession 'could be permanent'

Shanghai's first American Chinese restaurant

The city's first American-style Chinese restaurant takes off Shanghai's first American Chinese restaurant

Attacks threaten investment: Siemens

The Paris terrorist attacks and political instability in Europe is making companies more reluctant to invest, the chief executive of Siemens has warned. Attacks threaten investment: Siemens

Lenders to simplify mortgage tariffs

Banks and building societies are to simplify mortgage information, to help borrowers find the cheapest deal, following concerns over complex charges. Lenders to simplify mortgage tariffs

Pfizer, Allergan to forge $150B behemoth

Pfizer and Allergan were due to approve their merger agreement on Sunday, in the healthcare sector's largest ever deal. Pfizer, Allergan to forge $150B behemoth

Digital currency pays users to walk

A new digital crypto-currency has been launched that is generated by human movement. Digital currency pays users to walk