News: Money

NBC CEO claims Facebook has 'no respect' for pro content

Tuesday  16:41,   19 september 2017
Engadget

NBC CEO Steve Burke talked to The Information about the current state of the media industry and seemed very unimpressed by Facebook's video efforts. Click to expand Your browser does not support this video [...]

Why International Investors Should be Racing to Buy The FTSE 100 Today

Tuesday  16:41,   19 september 2017
The Motley Fool

The UK benchmark FTSE 100 index is cheap as foreign investors get up to 15% more for their money thanks to the sharp drop in the pound. A flood of takeover bids are now pouring in as foreign competitors look to take advantage, with top companies[...]

John Lewis half-year profits tumble 53%

Tuesday  16:40,   19 september 2017
Sky News

The John Lewis Partnership has reported a 53% fall in half-year profits, despite sales growth at both its Waitrose supermarkets and department stores. The employee-owned group blamed higher costs and "dampened customer demand".Profit before tax[...]

Bank of England hints at interest rate hike in ‘coming months’

Tuesday  16:40,   19 september 2017
Press Association

Members of the Bank’s nine-strong Monetary Policy Committee voted 7-2 to keep interest rates on hold at 0.25%.Members of the Bank’s nine-strong Monetary Policy Committee voted 7-2 to keep interest rates on hold at 0.25%, as widely[...]

EU chiefs told to take a 'wise-up pill' on Brexit

Saturday  06:31,   16 september 2017
Sky News

The Brexit-supporting chairman of JD Wetherspoon has warned EU "threats" during the divorce negotiations could result in the pub chain switching to suppliers outside the bloc. Tim Martin - never one to hold back his opinions on Brussels - [...]

Davis: Brexit bill now '£60bn and falling'

Saturday  06:31,   16 september 2017
Sky News

Britain's EU divorce bill is now presumed to be "£60bn and falling", the Brexit Secretary told business leaders on Friday as he offered reassurance about the UK's future economic relationship with Europe. Sky News has learnt that[...]

Data breach may have hit 400,000 UK people, says Equifax

Saturday  06:31,   16 september 2017
Press Association

The data includes names, dates of birth, email addresses and telephone numbers, but does not contain postal addresses, passwords or financial information. We’re committed to updating consumers on steps taken to provide the support needed and address [...]

S&P 500 Tops 2,500, as Dollar Slips on Retail Data: Markets Wrap

Saturday  06:31,   16 september 2017
Bloomberg

U.S. stocks capped the best week since January, with the S&P 500 Index climbing above 2,500 for the first time, as investors showed resilience in the face of a North Korean missile test. The dollar weakened after an unexpected decline in[...]

Vlieghe Says BOE Rate Increase May Be Needed Within Months (1)

Saturday  06:30,   16 september 2017
Bloomberg

(Bloomberg) -- Bank of England policy maker Gertjan Vlieghe, regarded as one of the more dovish members of the Monetary Policy Committee, said that he may support raising interest rates in the near future. The pound extended an advance on the[...]

‘Ballistic’ pound shoots up to highest level since Brexit vote

Saturday  06:30,   16 september 2017
MarketWatch

Sterling breaks above $1.35 after the Bank of England’s biggest dove turned hawkish and said an interest rate rise could be imminent. The pound roared to an intraday high of $1.3617, the highest since June 24, 2016, the day immediately after the[...]

Will UK economy be turbocharged by sterling fall?

Saturday  03:25,   16 september 2017
The Financial Times

<p>Will sterling’s latest decline signal the start of a long period of prosperity, following the script of 1992, or a series of disappointments, as Britain suffered after 2007?</p>Both anniversaries, on Thursday and Saturday respectively, mark [...]

There’s one thing in business we take for granted today, and Bill Gates predicted it in 1999

Saturday  03:25,   16 september 2017
Smart Company

It seems Bill Gates has the ability to predict the future.&nbsp;Bill Gates, the richest man in the world (or the second richest, for a bit), mostly dedicates his life these days to philanthropic deeds through the Bill and Melinda Gates[...]

Opinion | All the worst lies about Brexit are about to be revealed

Saturday  03:21,   16 september 2017
The Washington Post

British and U.S. voters have the rare chance to watch their elected politicians confront false promises in real time.It is a rare opportunity. Seldom does the voting public have the chance to watch their elected politicians confront very specific[...]

Dyson wants UK to make 'clean break' from EU

Saturday  03:20,   16 september 2017
Sky News

Britain should make a "clean break" from the European Union instead of pursuing any kind of interim deal, according to one of the country's best-known businessmen.Sir James Dyson told Sky News that a transitional agreement would be "a[...]

UN calls for a global 'New Deal' for world economy

Saturday  03:20,   16 september 2017
AFP

The world economy, stunted by years of austerity and growing inequality, needs a global "New Deal", inspired by policies that helped Europe rebound after World War II, the UN said Thursday. "The world economy remains unbalanced in ways[...]