This week is going to be a very interesting week with so many news coming out to the market that can greatly affect the month of August. Bulls are fighting really hard to stay ahead and bears could be potentially lurking around the corner. Will this week spark a catalyst to tilt one of them […]
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BBC News – Business- TSB customers hit by further IT glitchTSB's online banking system failed for over 4 hours on Wednesday, the third major IT problem in a year.
- Team Sky: Sky to end backing of British powerhouse in 2019The future of Team Sky is in doubt after broadcaster Sky announces it will withdraw backing at the end of 2019.
- Streets with UK's slowest and fastest broadband namedBut uSwitch survey says homes in a Birmingham avenue have the fastest access.
- Superdry warns worse to come as profits plungeFashion retailer considers closing stores amid disappointing sales of winter clothing.
- Dixons Carphone posts £440m loss in first halfThe struggling posts a £440m loss after it writes down the value of its Carphone Warehouse brand.
- Christmas chocolate boxes: Up to half of weight is packagingThe wrapping on your Christmas chocolates could make up almost half their total weight.
- Meng Wanzhou: Trump could intervene in case of Huawei executiveThe president says he could act for the good of US trade, as Canada releases Meng Wanzhou on bail.
- The Germans solving rising rents with people powerLiving in gentrified areas of Munich is getting pricey - but these renters say they have the answer.
- Is the US heading for a recession?Investors are worried a recession might be about to hit the US, so do they have reason to be concerned?
- Huawei: The life of Chinese tech heiress Meng WanzhouHuawei executive Meng Wanzhou was arrested in Canada for allegedly breaking US sanctions against Iran.
- TSB customers hit by further IT glitch
- Reuters: Business News
- Zara owner Inditex reports 4 percent profit growthZara owner Inditex on Wednesday reported net profit of 2.4 billion euros ($2.7 billion) for the first nine months of its financial year, up 4 percent on the year, and maintained guidance for the second half of the year.
- Former Malaysian PM Najib, 1MDB ex-CEO face fresh corruption chargesMalaysian prosecutors on Wednesday filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund.
- Stocks cheered by Trump trade talk; sterling plagued by politicsAsian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May.
- Canada frees CFO of China's Huawei on bail; Trump might interveneA top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.
- Hyundai Motor unveils sweeping executive reshuffle, shares surgeSouth Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.
- Exclusive: Trump says Fed shouldn't hike rates, but calls Powell 'a good man'President Donald Trump said on Tuesday it would be a mistake if the Federal Reserve raises interest rates when it meets next week, as it is expected to do, continuing his criticism of the U.S. central bank.
- U.S. weighs China travel warning over Huawei case: sourcesThe United States is considering issuing a new warning to U.S. citizens, including business executives, traveling to China after Canada arrested a senior Huawei Technologies Co Ltd [HWT.UL] executive at Washington's request, two sources said on Tuesday.
- France claims ignorance as Nissan's Ghosn dossier adds pressureThe French government said on Tuesday it remained unaware of detailed allegations against Renault SA boss Carlos Ghosn sent to the carmaker a day earlier by Japanese alliance partner Nissan Motor Co Ltd .
- Trump says would intervene in arrest of Chinese executiveU.S. President Donald Trump said on Tuesday he would intervene with the U.S. Justice Department in the case against a Chinese telecommunications executive if it would help secure a trade deal with Beijing.
- Highlights: Key quotes from the Reuters interview with TrumpHere are highlights from the Reuters interview with U.S. President Donald Trump on Tuesday.
- Zara owner Inditex reports 4 percent profit growth