Mitsubishi Motors shares sink to new low
Shares in Mitsubishi Motors sink to new lows after the carmaker admitted to falsifying fuel economy data earlier in the week.
Business News
Uber settles over employee status row
Uber has agreed to pay out $100m for its drivers to drop their case claiming employee rights.
Mitsubishi Motors scandal widens
The emissions scandal surrounding Mitsubishi Motors widens as the company says further models may be involved and US regulators reportedly ask for information.
VIDEO: Wozniak: Apple were right over FBI case
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Apple should pay more tax – co-founder
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Bike couriers in legal fight over rights
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Microsoft Windows hurt by PC sales slump
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Ad sales boost revenue for Google parent
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From wetsuits to wine: Small firms embrace the cloud
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Paying to get the best seats in the stadium
The sports ticket schemes that fund stadium building
SunEdison files for bankruptcy
US solar energy firm SunEdison files for bankruptcy protection after years of rapid-fire acquisitions.
Starbucks sales growth disappoints
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Jailed tycoon moved to Turkish prison
Tycoon Asil Nadir, who was jailed in the UK for stealing millions of pounds from his Polly Peck empire, is transferred to a prison in Turkey.
FTSE 100 falls as Sky shares slide
The London market falls, with shares in Sky down more than 4% after its latest trading update. Related Posts:Technical Analysis – NZDUSD falls back towards 5-month low May 1, 2024 NZDUSD declines sharply after rebound falters Price approaches is lowest level…Technical Analysis – Meta stock falls below 50-SMA ahead of… April 23, 2024 Meta stock pulls back from its all-time high […]
VW reaches US deal in emissions scandal
Volkswagen to offer “substantial compensation” and car buy-back deals in the US as part of a settlement of the diesel emissions scandal. Related Posts:Technical Analysis – USDCAD reaches new 2024 high; could… April 12, 2024 USDCAD trades higher again, tests strong resistance level It is…
Peugeot raided by emissions investigators
Peugeot Citroen is raided by anti-fraud investigators as part of ongoing investigations on pollutants in the car industry.
Pensioners ‘face annuity sale risks’
Pensioners who decide to sell an annuity retirement income face significant risks – such as running out of money in old age, the City watchdog says. Related Posts:Technical Analysis – NZDUSD bulls face strong resistance May 9, 2024 NZDUSD is under pressure following a strong rally from the…Technical Analysis – Gold attempts recovery to only […]
VIDEO: Cash-strapped OAP’s plea for a job
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Sky attracts fewer new customers
Sky wins 177,000 new customers in the three months to March, 160,000 fewer than the previous quarter. Related Posts:EUR/USD: trading plan for the US session on April 16th… April 16, 2024 In my morning forecast, I pointed out the level of…
UK ready to take stake in Tata Steel
The government says it is willing to take a stake of up to 25% in any rescue of Tata Steel’s UK arm as part of a financial package worth hundreds of millions of pounds. Related Posts:EUR/USD: trading plan for the US session on April 25th… April 25, 2024 In my morning forecast, I pointed out […]
Draghi: Inflation could turn negative
European Central Bank president Mario Draghi warns that eurozone inflation could turn negative again this year, as the bank keeps rates on hold. Related Posts:Could Monday’s intervention turn the tide for the yen? –… April 30, 2024 Japan allegedly intervened for the first time in six months…EUR/USD. April 30th. Sellers await weak inflation data in… […]
Executive pay ‘not fit for purpose’
A group of high-profile bosses and investment experts says executive pay in the UK needs an overhaul “to restore confidence in a system widely seen as broken”.
What did Mitsubishi Motors do wrong?
What exactly has Mitsubishi Motors done wrong?
Bank account swaps ‘picking up’
More people are switching current accounts – but the total remains a tiny fraction of the market, latest figures show. Related Posts:Market Comment – Pound slides ahead of Bank of England… May 9, 2024 BoE meeting in the spotlight today – likely to downplay…Outlook for GBP/USD on May 9. The pound flat ahead of the… […]
Retail sales fall 1.3% in March
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Landlord ‘surge’ pushes up lending
A “late surge” among landlords aiming to beat a stamp duty rise led to a big jump in mortgage lending and property sales in March, lenders say. Related Posts:GBP/USD. May 7th. The pound feels a surge of strength ahead… May 7, 2024 On the hourly chart, the GBP/USD pair executed a new…
Ladbrokes: Cheltenham ‘worst in memory’
Bookmaker Ladbrokes says this year’s Cheltenham Festival was its “worst in living memory” and confirms it will pay out £3m if Leicester win the Premier League.
Chancellor misses borrowing target
The government borrowed £74bn in the year to March, £1.8bn more than George Osborne’s borrowing target. Related Posts:Bitcoin: Target for this bull cycle is $300,000 April 8, 2024 The Bitcoin exchange rate has significantly strengthened after a series…
Mitsubishi Motors office raided
Japanese officials raid an office of Mitsubishi Motors following the revelation on Wednesday that it had falsified fuel economy data.
VW ‘strikes US deal to buy back cars’
Volkswagen will offer to buy back some of the cars affected by the emissions scandal in a deal agreed with US regulators, according to reports. Related Posts:Technical Analysis – GBPUSD pulls back after testing 50-day… May 8, 2024 GBPUSD reverses lower after 50-day SMA curbs advance Violates both the…RBA decision: will a rate hike be back on the […]
