The Bank Of England Reports The Chinese Economic Decline May Heavily Impact Britain

China Flag

China has been experiencing a slowdown from its rapid growth and it makes up 17 per cent of growth and 10 per cent of imports worldwide. The Bank of England has said that strong financial links between Britain and China could impact Britain’s economy if the Chinese economy slows down further in the next...

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Fastjet

Fastjet Shares Plummet As It Gives Third Profit Warning

Shares in FastJet dropped by 25% after the news was released. Fastjet, a low-cost carrier operating in Africa has issued yet another warning to its investors...

Euronext Seeks Expansion After LSE-Deutsche Boerse Merger Announcement

Euronext may take on assets from the merged exchanges that they could be forced to sell due to antitrust regulations. Euronext NV, Europe’s stock exchange...

CEO, Andrew Witty

GlaxoSmithKline’s CEO To Retire Within The Next 12 Months

GlaxoSmithKline CEO, Andrew Witty. Andrew Witty, the CEO of almost 10 years and who has spent more than 30 years in the company, has announced his intention...

Zenith Watch

Swiss Watch Makers Prepare For Another Tough Year As Sales Decline Worldwide

Swiss watch maker, Zenith has not ruled out possible future job losses as it struggles to bring in solid sales. Industry executives said on Thursday that...

Ted Baker Store

Ted Baker Reports Record Growth In Sales And Continues To Expand Globally

Ted Baker’s retail sales, which contribute to a huge portion of the overall revenue of the business, soared by 13.2 per cent. Ted Baker, the U.K....

Glencore

Glencore And Its Partners In The Australian Coal Port Face Hefty Extra Annual Charge

  Glencore has been under pressure due to the recent fall in commodity price. Glencore, the Anglo–Swiss multinational commodity trading and mining...

Deutsche Boerse

Deutsche Boerse And LSE Merger Racks Up $85 Million In Advisor Fees

11 banks and 30 advisers will be battling it out for an evaluated fee of around $85 million in total. The deal between Deutsche Boerse and London Stock...

FTSE

FTSE Outperforms EU Markets After Osborne Releases Annual Budget

The FTSE closed 0.6 percent up on Wednesday following the annual budget. The FTSE 100, Britain’s top share index, rallied on Wednesday after Chancellor...

Safran Jet Engine

Safran’s Stock Price Drops As It Aspires For Acquisitions

Safran is keen to expand its aircraft equipment unit, which stands as its second best source of profit after its jet engine unit. French company, Safran...

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