Category: News Wire

Markets are becoming increasingly hopeful that Mark Carney is on the verge of confirming that he will extend his term at the Bank of England beyond 2018.

Twitter has announced plans to cut 9 per cent of its global workforce, or about 350 people, as the company struggles to achieve profitability.

Amazon has agreed to stump-up $100,000 (£82,000) in back-pay to a New York delivery driver whose wage packet was deducted for lunch breaks he didn’t managed to take.

The Mayor of London has joined an alliance of the capital’s biggest business groups to slam the Government’s revamp of business rates, and push for a reform to the system.

Royal Bank of Scotland has reported a £469m loss for the July-to-September period as “legacy issues” continue to overshadow its performance.

Electric car maker Tesla has reported net income of $21.9m (£17.9m) for the third quarter after 13 consecutive quarterly losses.

Bank takes £600m hit for more PPI compensation but makes millions from increased market volatility as uncertainty sparks flurry of bond trading trading

Lack of investor interest kills British software firm’s plan to raise £500m from listing on stock exchange

Apple has reported its third quarter in a row of falling iPhone sales and revenue, but sales beat analyst expectations.

Telecoms company hit with sanction customer complaint handling and poor service

Global economic disparity between men and women found to be rising, with levels now similar to during 2008 financial crisis

Lloyds Banking Group has taken another £1bn hit to cover the cost of the payment protection insurance mis-selling scandal, knocking quarterly profits at the state-backed bank.

The government’s long-awaited decision on airport expansion is set to be announced, with Heathrow the favourite.

Company may get rid of about 8 percent of workforce – about 300 people – with sales team particularly hard hit