FTSE 100 slips after hitting record high, as pound extends falls

The FTSE 100 index has narrowly missed out on an all-time closing high after slipping back from record levels. The UK's benchmark index hit its...

‘Price of Oil May Climb to $60 By Year End’ Saudi Arabia Warns

Saudi Arabia says the price of crude oil may climb to 60 US dollars a barrel by the end of the year. The country...

21 Chinese cities introduce property curbs

From September 30th till October 8th, in just 9 days, 21 cities including all first tier cities have come up with new property curbs. ShangHai...

Turks cry economic warfare as Moody’s lowers credit rating

On a rainy day in May 2013, US President Barack Obama and Turkish leader Recep Tayyip Erdogan stood together under umbrellas in Washington praising the...

Samsung Galaxy Note 7 production ‘paused’ after replacement phones continue to catch fire

The company had hoped to put an end to its problems by instituting a huge recall programme – but now new phones are starting...

Why a jobless GDP growth could spoil Narendra Modi’s 2019 run

Union finance minister Arun Jaitley now exercises more caution when he speaks about India's economic performance during foreign trips. The 'we-are-the-best-and-everything-is-fine-here' tone has changed...

Facebook enjoys £11m UK tax credit despite £5bn global profit

Facebook’s UK business generated an £11.3m tax credit last year, despite the world’s largest social network making a global profit of $6.19bn (£4.97bn), according...

5 Habits of Successful Savers

There are some people who are expert savers. They seem to always have enough money for that rainy day. But putting cash aside remains...

British economy loses steam as business investment wilts – surveys

British economy appears to be losing steam, with major business surveys showing a marked slowdown in the services sector and boardrooms beset by doubt...

Former Bush Commerce secretary, others call Trump ‘bad for business’

Carlos Gutierrez was the secretary of Commerce under President George W. Bush, but now he’s trying to convince the business community that Donald Trump...

Bank of England investigating dramatic overnight fall in pound

Potential causes of sterling flash crash that compounded earlier losses include ‘fat finger’ error and computer-generated trade. The Bank of England and other central...