(Reuters) – Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) fueled a second straight session of gains on Wall Street on Monday, with the resumption of U.S.-China trade talks helping ease concerns that have pummeled the market in recent months. The benchmark S&P 500’s .SPX advance added to a 3.4 percent surge on Friday, when strong […]

NEW YORK (Reuters) – Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies plan to launch a low-cost bourse that will compete with the New York Stock Exchange and Nasdaq. Brokers and traders have complained for years about what they say are unjustifiably high fees charged by the big U.S. […]

Sales of London’s most expensive homes may be cooling, but in two areas they’ve never been higher. The latest Lloyds house price index has found that while sales of London properties may be down 8%, the number of high-end house sales has soared in Wales and the West Midlands. In the first half of 2018, […]

(Reuters) – Eli Lilly and Co (LLY.N) said on Monday it would buy Loxo Oncology Inc (LOXO.O) for about $8 billion in cash, buying into a portfolio of targeted medicines to treat cancers caused by rare gene mutations. The deal marks Lilly’s biggest push in the fast-growing cancer therapy market and adds to an explosive […]

Sky News has learnt that a number of people who were suspects in the SFO’s inquiry were informed in recent weeks that they were no longer under investigation. Those individuals are not thought to include Sir John Rose, Rolls-Royce’s former chief executive, who is said to be one of several people who remain within the […]

LONDON (Reuters) – Strong employment data in the United States, decisive action from the Chinese central bank and dovish messages from U.S. Federal Reserve chief Jerome Powell steadied markets on Monday, pushing an index of world stocks to a 2-1/2 week high. The resumption of talks between the United States and China on tariffs also […]

SHANGHAI/BEIJING (Reuters) – Tesla Inc (TSLA.O) broke ground on Monday for its Shanghai Gigafactory where it plans to begin making its Model 3 electric vehicles (EV) by year-end, a first step in localizing production in the world’s largest auto market. At a ceremony at the site of the plant on the outskirts of Shanghai, Chief […]

Supermarket giant Morrisons has said it’s cutting prices on 935 lines to help combat the January blues this month. The supermarket will knock up to 20% off store cupboard favourites such as tinned tomatoes, cereal, sandwich fillers, kids’ lunchbox snacks, ready meals and multivitamins. Its decision to slash prices comes as figures show families are most […]

People living in Carlow, Leitrim and Donegal have the furthest distance in the country to travel to their nearest emergency department. According to recent analysis of residences, and their relation to roads and the hospital network, Carlow fared the worst. Location intelligence services provider Gamma found that residents in this county must travel an average […]

Workers in cities including Glasgow, Birmingham and Liverpool enjoyed the biggest pay rises in 2018 amid increased competition for staff, according to a new study. Research suggested that average salaries in Glasgow and Birmingham increased by 11.3% and 9.7% respectively to £35,100. Average pay in Liverpool, Portsmouth, Southampton, Brighton and Manchester went up to around […]