The European Central Bank set the stage for an interest rate cut to come in September as well as the relaunch of its bond buying programme at its policy despite mounting concerns that the moves would not help to lift the ailing eurozone economy and that they could pump more money into frothy financial markets. […]
Samsung has said its first foldable phone is ready to go on sale from September after being delayed earlier this year when defects were reported. The South Korean electronics giant said it had made improvements to the Galaxy Fold and was doing final tests on the handset – which has a price tag of £1,800. […]
(Reuters) – Chocolate maker Hershey Co (HSY.N) reported a 38% rise in quarterly profit on Thursday, helped by price hikes and lower raw material costs. Net income attributable to the company rose to $312.8 million, or $1.48 per share, in the second quarter ended June 30, from $226.9 million, or $1.08 per share, a year […]
It's hot – and we're certainly not complaining. But nothing beats enjoying the sunshine and 37C heatwave with a little dip in a refreshing pool out in your back garden, right? If you're off with the kids over the summer holidays, why not invest in a little outdoor accessory that will keep everyone entertained and […]
Thousands of parents can now apply for a one-off school uniform discount as applications open across the board. This is for the School Uniform Grant – which could give you up to £150 off your child's expenses for the new academic year. It's part of the Education Act 1980 and is offered by the Government […]
(Reuters) – EBay Inc (EBAY.O) said on Wednesday it would launch a warehousing and shipping service for merchants selling through its site starting next year, a new strategy that is expected to attract more sellers to the e-commerce platform. The program is currently in trial in the United States and Germany and is similar to […]
(Reuters) – U.S. indexes were off their session lows on Wednesday as a rally in semiconductor stocks on reassuring comments from Texas Instruments on global chip demand blunted the impact of weak earnings from bellwethers Boeing and Caterpillar. Trade-sensitive Caterpillar Inc (CAT.N) dropped 4.1% following disappointing earnings on weak sales in China, and higher production […]
(Reuters) – General Motors Co’s self-driving unit, Cruise, said on Wednesday it was delaying the commercial deployment of cars past its target of 2019 as more testing of the vehicles was required. Cruise Chief Executive Officer Dan Ammann said the company would expand testing in San Francisco here, and added in a blog post that […]
The pound enjoyed a fleeting ‘Boris Bounce’ yesterday after the unveiling of the new Tory Party leader – before quickly resuming its slump. Mr Johnson, who has said he is willing to see a no-deal Brexit, takes office as UK prime minister today and runs the risk of a confidence vote in parliament. He also […]
MANILA (Reuters) – Philippines’ Jollibee Foods Corp (JFC) (JFC.PS), a major Asian fast-food operator, said on Wednesday it had agreed to acquire U.S. brand Coffee Bean & Tea Leaf (CBTL) for $100 million as part of its rapid expansion outside its home market. “The acquisition of Coffee Bean & Tea Leaf will be Jollibee’s largest […]