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Foxtons profits distributed since impact of Brexit shadows the housing market
Market - Mar 04, 2019
British estate agency, Foxtons, swayed to a loss in 2018 since Brexit uncertainty pondered on London housing sales.
Rolls-Royce hit by £2.9bn loss since engine fault issue costs £790m
Company - Mar 04, 2019
Global engineering genius Rolls-Royce rolled into loss as per last year statistics; this damage is experienced due to increased charge for setting problems with the Trent 1000 engines.
Nestle and Epic pull down ads on YouTube over abuse assertions
Company - Feb 22, 2019
Global food giant, Nestle, along with many other renowned companies have removed their adverts from YouTube after claims that they appear adjacent to offensive content.
Twitter shares slump 10% as revenue forecast upsets
Company - Feb 08, 2019
The 4Q earnings of the social media giant, Twitter, showcase profit but revenue for the first quarter of 2019 seem disappointing.
Amazon stimulates panic with its expected sales forecast
Company - Feb 04, 2019
The online shopping giant, Amazon, has predicted lowering expectations in its sales for the opening three months of the year; fear among investors due to speculated slower growth.
Barclays sued by seven English councils over £500m loans
Company - Feb 04, 2019
Seven local English councils have sued Barclays over debatable bank loans which were sanctioned before the financial crisis.
Honda UK suggests six-day shutdown after Brexit
Company - Jan 11, 2019
The plan for shutdown at Honda’s Swindon factory emerges on the same day when rivals Ford and Jaguar Land Rover declare job cuts in significant number.
Oil prices end higher as a result of U.S-China trade discussion
Market - Jan 04, 2019
On Friday, oil prices climbed higher, trembling down previous losses since China announced it would initiate trade talks with the U.S. government in January.
Apple cuts short forecast, blames China for slowdown
Company - Jan 03, 2019
Apple has been distressed as investors are informed about sales slowdown due to economic paleness in China.
Cyber-attack interrupts circulation of several US newspapers
Market - Jan 02, 2019
On Saturday, it was reported that several US newspapers experienced major printing as well as delivery commotions as a result of a significant cyber-attack.
European stocks stirred due to retail stress
Market - Dec 19, 2018
On Monday, European shares fell as a profit cautionary from online fashion retailer, Asos, with its retail stocks tumbling down; investors fussed that pre-Christmas shopping craze has not hit the mark
Japan export growth declines in November
Economy - Dec 19, 2018
Japan has been facing serious economic turmoil with export growth deteriorating in November as a result of trade-war risks cloud the outlook.
Apple to setup new base in Texas worth $1bn
Company - Dec 14, 2018
Apple has surprised everyone with a fresh announcement to construct a new base in Austin, Texas, which will require an investment of £790m or $1bn.
Two Tesco directors cleared in 2014 accounting scandal
Company - Dec 11, 2018
Two former directors of Tesco Plc were given a clear sheet from criminal fraud charges imposed in the 2014 accounting scandal that led to the refurbishment of the U.K. grocer’s supplier relation
Deutsche Bank headquarters stormed amidst money laundering scam
Company - Dec 03, 2018
On Thursday, tax investigators and around 170 police officers raided Deutsche Bank’s headquarters in Frankfurt, Germany, to investigate a probable money laundering cheat associated with the Pana
Microsoft takes down Apple to become the most valuable organization
Market - Dec 03, 2018
Microsoft has dethroned Apple to grab the title of being the world's most valuable company, recovering the position after 15 years.
Airbnb penalized in West Bank settlements
Company - Nov 27, 2018
Airbnb, a popular holiday homes rental firm, has been sued by a prominent law firm situated in Jerusalem due to its delisting of settlements concerning West Bank.
Greece shipping industry to face changing waters
Market - Nov 23, 2018
The United States has re-established a global ban concerning Iranian oil exports; hence, affecting several countries near Iran including Greece and its vital shipping sector.
Germany economy slips precipitously since 2015
Economy - Nov 15, 2018
Germany's economy crashed hard in the third quarter, with prominent distress from car makers and strong tussles associated to trade rules weakening exports.
Tesla records impressive profit with Musk calling the quarter to be ‘historic’
Company - Oct 25, 2018
The popular electric car-maker has registered a record $311.5m (£241m) during the third quarter till 30 September; CEO Elon Musk stays optimistic about the fourth quarter.