Newsroom

Exporters taste credit after Portugal's long lending drought

Reuters UK Business News - Sun, 24/05/2015 - 08:15
LISBON (Reuters) - In Portugal, getting a loan is still harder than in almost any other country in the eurozone. But if your company exports, you may be in luck.






Pupils put fundraising on map

Newmarket Journal - Sun, 24/05/2015 - 07:50

Children at St Louis Catholic Academy have also been doing their bit for the Nepal earthquake victims.

Categories: Local Press

Renault in Turkey offers concessions to striking workers

Reuters UK Business News - Sun, 24/05/2015 - 07:18
(This May 23 story has been corrected in paragraph 3 to clarify that the company will announce results of financial improvement studies, not pay adjustments, before Ramadan)






Fiat Chrysler CEO approached GM about a merger, was rebuffed - NYT

Reuters UK Business News - Sun, 24/05/2015 - 01:14
(Reuters) - As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday.






Greek PM says on final stretch towards deal with lenders

Reuters UK Business News - Sat, 23/05/2015 - 22:45
ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity.






Daimler and Qualcomm to develop in-car tech, wireless charging

Reuters UK Business News - Sat, 23/05/2015 - 20:25
FRANKFURT (Reuters) - Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables.






Renault in Turkey offers concessions to striking workers

Reuters UK Business News - Sat, 23/05/2015 - 20:01
ANKARA (Reuters) - The Turkish arm of French carmaker Renault on Saturday offered concessions including future salary adjustments and a cash lump sum to striking workers if they return to work.






ECB's Draghi urges euro zone to unite for economic reform

Reuters UK Business News - Sat, 23/05/2015 - 16:12
ROME (Reuters) - European Central Bank President Mario Draghi has urged euro zone countries to unite in the task of reforming the bloc's economies, saying sharing sovereignty was an opportunity and not a threat.






No Pacific trade deal meeting until U.S. fast-track passes - Chile

Reuters UK Business News - Sat, 23/05/2015 - 13:35
BORACAY, Philippines (Reuters) - States hoping to set up a free trade zone across the Pacific can not hold a key meeting until both houses of the U.S. Congress pass legislation speeding the passage of the deal, a Chilean minister said, underscoring another major hurdle for the pact.






Germany's Merck expects drug division to drive growth-Euro am Sonntag

Reuters UK Business News - Sat, 23/05/2015 - 12:15
FRANKFURT (Reuters) - Germany's Merck KGaA expects sales to grow by around 5 percent in its core operations over coming years, helped by its pipeline of prospective new drugs, its chief executive was quoted saying by weekly Euro am Sonntag.






Bank of England's Haldane says UK rates to rise at some point

Reuters UK Business News - Sat, 23/05/2015 - 09:56
LONDON (Reuters) - The Bank of England's chief economist Andy Haldane said on Friday that the central bank would raise interest rates in the future but they would probably not return to levels as high as before the financial crisis.






Bank of England confirms EU exit research after email misfire

Reuters UK Business News - Sat, 23/05/2015 - 08:57
LONDON (Reuters) - The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project.






South Korea seeks deeper cooperation with Japan on China-led AIIB

Reuters UK Business News - Sat, 23/05/2015 - 08:45
TOKYO (Reuters) - South Korea called on Saturday for deeper cooperation with Japan on a China-led development bank, while Japan remained cautious about the lender, which it and ally the United States have held back from joining.






BlackBerry cuts jobs worldwide as it consolidates businesses

Reuters UK Business News - Sat, 23/05/2015 - 06:26
(Reuters) - Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business.






U.S. Justice Department finds criminal wrongdoing in GM ignition switch defect - NY Times

Reuters UK Business News - Sat, 23/05/2015 - 01:57
WASHINGTON (Reuters) - U.S. Justice Department investigators have identified criminal wrongdoing in General Motors Co's failure to disclose a defective ignition switch, and they are negotiating what is expected to be a record penalty, the New York Times reported on Friday.






Shell CEO backs fossil fuels, climate change warnings - Guardian

Reuters UK Business News - Sat, 23/05/2015 - 00:40
(Reuters) - The world’s fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday.






Fed on track to hike rates as economic headwinds wane - Yellen

Reuters UK Business News - Fri, 22/05/2015 - 22:35
PROVIDENCE, R.I. (Reuters) - Federal Reserve Chair Janet Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the U.S. economy was set to bounce back from an early-year slump and as headwinds at home and abroad waned.






Stocks dip, bonds fall as CPI keeps Fed on course

Reuters UK Business News - Fri, 22/05/2015 - 21:27
NEW YORK (Reuters) - Global equity markets dipped but remained near record highs on Friday after Federal Reserve Chair Janet Yellen said she expected U.S. interest rates to rise this year, a view that lifted bond yields and was bolstered by rising core consumer prices.






Bank of England's Haldane says UK rates to rise at some point

Reuters UK Business News - Fri, 22/05/2015 - 19:06
LONDON (Reuters) - The Bank of England's chief economist Andy Haldane said on Friday that the central bank would raise interest rates in the future but they would probably not return to levels as high as before the financial crisis.






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