Category: News Wire

India’s central bank has cut its key interest rate for the fourth time this year, and by more than expected.

The Serious Fraud Office will apply for access to evidence regarding how Barclays bank raised the funds needed during the 2008 financial crisis.

Apple has smashed its iPhone sales record after selling 13 million of its newest handsets in the first weekend after their launch.

Big business must significantly improve its relationship with society if it wants to ward off the threat of a political “lurch to the left”, one of the City’s leading businessmen has warned.

The annual CoolBrands Top 20 has found that new digital entertainment companies are perceived to be cooler than more established titans such as Sony, Bose, Rolex and Selfridges

The Bank of England will keep interest rates at a record low until the middle of 2016 as the slowdown in China and emerging markets casts a shadow over the U.K. economy, a think tank said.

John McDonnell looks set to use his first Labour conference speech as shadow chancellor to push for a “Robin Hood tax” on stock market trading.

Regulators are to examine claims that Royal Bank of Scotland has falsified customer records.

Volatile financial markets and China’s economic slowdown are taking a toll on the City of London and Britain’s wider financial services industry, slowing down the sector’s previously rapid growth.

Funding Circle, the fast-growing peer-to-peer lender, is planning to float an investment trust to raise £150 million for credit-hungry small businesses.

Embattled car-maker Volkswagen is set to name its new chief executive today, as it tries to deal with the biggest crisis in its history.

Young adults are increasingly facing “stifling” levels of debt after borrowing from banks, payday lenders and family members, a charity has said.

Britain’s financial services sector could retain its pre-eminent global position even if voters opt to leave the European Union, according to a leading economics consultancy.

A privacy campaigner has scored a legal victory that could bolster his attempts to prevent Facebook from being able to pass EU citizens’ data to the US authorities.

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