BUSINESS

Cutting staff and exiting onerous contracts sees costs mount at the mobile payments firm.

A Reuters poll showed that most analysts expect the ECB to keep interest rates unchanged.

Profit before tax jumps 51% to $149.7m in six months to 30 June period.

Nick Hungerford, co-founder of investment management company, says wealth managers need to "generate relevance".

Bernie Ecclestone will continue as CEO while Chase Carey of 21st Century Fox will serve as the new chairman.

Brexit throws up challenges and opportunities in equal measure, says Richard Laughton of market leading peer-to-peer car rental firm.

According to the deal, HPE will divest businesses that include the former operations of Autonomy.

'Economically irresponsible' to pursue high-speed rail line, thinktank says.

The decision is latest by May in overhauling policies by ex-prime minister David Cameron

Permanent appointments rise for first time in three months in August.

4 people died when a part-demolished section of Didcot power station collapsed in February 2016.

Democratic House speaker Nancy Pelosi wants a 'united front' with Republicans.

Security experts Webroot predicts Bitcoin may be replaced by privacy-centric cryptocurrency Monero.

Britain's economy is in the midst of a slowdown and growth could fall even further, claims NIESR report.

'Jeremy seems happy to accept Brexit at any cost,' the Labour leadership challenger claimed.

Contingency plans adopted by the Bank helped soften the Brexit impact, governor tells MPs.

Footsie remains in the black despite the sharpest drop in manufacturing production for a year.

The Panama Papers is considered the largest leak of financial data in history.

Steven Farmer of Pillsbury Winthrop Shaw Pittman explains how European privacy laws are playing catchup.

How the most wanted man in the world escaped Hong Kong and ended up in Russia.

PM issued statement after Brexit Secretary David Davis was slapped down by Number 10.

Labour leader used all six questions on housing during the first exchange since the summer recess.

Resolution Foundation says national living wage might increase to only £8.70 per hour by end of the decade.

The service is only available for Prime members for now.

The move is part of Daimler's strategy to take on competition from Tesla and the VW Group, which owns the Audi brand.

Liberal Democrat leader Tim Farron will launch his party's policies around Brexit today.

The alleged malware developer even offered to give an interview to IBM to help update them about the Trojan.

Israeli startup Wave graduated from the Barclays TechStars accelerator.

Manufacturing production slides 0.9% month-on-month in July but advances 0.8% on an annual basis, ONS figures reveal.