business news
US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
Disney sells Miramax film studios
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
Sale of EDF's UK networks agreed
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
Deadline for tax credits renewal
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.
Fugitive tycoon Nadir given bail
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, is granted bail.
market report
| HANG | 21,029.811 | -64.01 | -0.30% |
| BFX | 2,522.75 | -15.15 | -0.60% |
| FTSE 100 | 5,278.88 | -35.07 | -0.66% |
| DAX | 6,101.97 | -32.73 | -0.53% |
| NIKKEI | 9,537.3 | -158.72 | -1.64% |
| DOW | 10,467.16 | -30.72 | -0.29% |
| NASDAQ | 2,251.69 | 0.0 | 0.00% |
| CAC 40 | 3,632.65 | -19.26 | -0.53% |
Last update at 30 Jul 2010 15:04
money show news
OECD: Greece Must Stop Spending
Published at 20 November 2009
Gold surges to an all-time high
Gold prices surged to a record high Tuesday after the International Monetary Fund said it had sold 200 metric tons of the precious metal to India's central bank.
November gold was up $24.40 to $1,077.80 an ounce, after climbing to a high of $1,079.70. The previous intraday record was set Oct. 13…
Published at 22 October 2009
HSBC says to cut 1,700 UK jobs
Europe's biggest bank HSBC Holdings (LSE: HSBA.L) is cutting over 1,700 jobs in Britain, adding to thousands of cuts across the industry in the last year as pressure builds to reduce costs.
HSBC said 1,726 jobs are being cut, mostly due to a restructuring of branch network management and a consol…
Published at 22 October 2009
