Press ponders the wisdom and reason for British Steel buy-out
BRITISH Steel late last year announced a “rescue deal” with China's Jingye Group, a move that was expected to safeguard up to 4,000 UK...
Twitter shares tumble in wake of revenue reports
TWITTER shares nosedived after reports of lower-than-expected revenues and rising costs.
Company earnings per-share are at their lowest point in seven months — 17 cents,...
IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies
THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”.
The...
Thomas Cook ceases trading, leaving tens of thousands of customers stranded abroad
AFTER almost 180 years in business holiday firm Thomas Cook has collapsed — leaving 150,000 Britons stranded abroad.
The UK Civil Aviation Authority (CAA) said...
Mega-merger of media giants brings stock moves and criticism
BROADCASTING giants CBS and Viacom are set to merge in a media deal that will see shared ownership of MTV, Comedy Central and Paramount...
Plunge in disc sales seems to prove that future is virtual and streaming
THE NEWS that sales of DVDs, CDs and video games has plunged by almost a fifth should come as no surprise. After all, consumers...
Max woes continue for Boeing, with production halt mooted
BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents.
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Workers out on the streets as massive job cuts bite at giant Deutsche Bank
DEUTSCHE Bank is cutting thousands of jobs in London and New York, part of a radical plan to reduce its global workforce by 18,000.
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‘Ground-breaking’ link to free-up Sino-British stock exchange trade
THE BRITISH Treasury has announced a stock link to allow UK-listed firms to become the first foreign entities to list in mainland China.
Chancellor Philip...
Bloodhound LSR saved by enterprising engineer
Brits are back in the bid for a land-speed record, and RICHARD THOMAS has a good sniff around. And despite the recent trend in...
