Swiss bankers dismiss 'overtly pessimistic' UK finance job loss scenarios post-Brexit
Anecdotal evidence given to IBTimes UK in Zurich suggests the country's banks are actually looking to hire more employees in London.
Nov 03, 2017
Spain's sovereign rating unaffected by recent political turmoil in Catalonia
Leading ratings agency says there is no cause for alarm unless situation deteriorates substantially.
Nov 03, 2017
Profit-takers hammer the pound on Bank of England's predictable rate hike
With the interest rate hike already priced in, the sterling saw some serious intraday selling.
Nov 02, 2017
'Super Thursday' sees Bank of England deliver historic interest rate rise
UK central bank delivers first rate rise in a decade and reverses 0.25% cut introduced in the wake of the Brexit vote.
Nov 02, 2017
Pound spikes against major crosses on UK interest rate hike expectations
Sterling registers huge gains against dollar and euro with the Bank of England poised to hike interest rates.
Nov 01, 2017
Growing demand and rising prices will keep Europe's steel sector outlook 'stable'
Structural overcapacity and rising imports from countries not subject to EU anti-dumping tariffs, like South Korea, Turkey and India, remain constraining factors.
Oct 31, 2017
Falling costs to drive self-sustained global renewable energy growth
Fresh industry assessment points to a significant decline in the cost of solar and wind power projects.
Oct 31, 2017
Burgeoning UK consumer credit should raise 'red flags' for lenders
New report says recent double-digit annual growth rate in lending would be unsustainable if it continued at the same pace.
Oct 30, 2017
European investors 'bullish' on corporate spending plans despite Brexit and Catalonia
Senior executives polled by ratings agency in positive frame of mind over capital expenditure expectations.
Oct 30, 2017
End of eurozone quantitative easing 'in sight' despite dovish European Central Bank stance
The central bank's announcement – that it will extend asset purchase programme until next year – does not signal indefinite extension, says ratings agency.
Oct 30, 2017
Insider reveals 'culture of fear' that drove Kobe Steel scandal
Ex-employee tells IBTimes UK that senior managers at Japan's industrial giant were too scared or proud to admit failures that have now amplified into a colossal scandal.
Oct 27, 2017
Colt Group continues aggressive data centre expansion in Asia to meet demand for cloud services
Technology group's data services division announces completion of its fifth data centre in Japan.
Oct 26, 2017
Why Japan's Shinzo Abe coasted to an election victory despite being far from popular
The incumbent ran on predictable platform in unpredictable times and prevailed despite his ambition to change the constitution few have an appetite for.
Oct 25, 2017
Japan to see 'robust' growth bolstered by Tokyo Olympics and 'Abenomics'
Policy stimulus and frenetic construction for the summer games in 2020 seen aiding Japanese economy, according to new analysis.
Oct 25, 2017
Shinzo Abe's Japan election victory delights investors as Donald Trump comes calling
Nikkei's winning streak extends to second consecutive session after capping 21-year high as analysts tell IBTimes UK that 'individual investors' are keeping the rally going.
Oct 24, 2017
Overseas purchasing power of UK earnings 22% below 2007 peak
Across the euro area as a whole, UK purchasing power is 17% below its initial 2000 level, according to fresh industry analysis.
Oct 23, 2017
Japan election exit polls point to thumping victory for PM Shinzo Abe's coalition
Exit polls, including one by Japanese public broadcaster NHK, predict that a challenge by Tokyo's populist governor Yuriko Koike has failed.
Oct 22, 2017
Pound soars on data and EU stance on Brexit trade talks
Confirmation of trade talks with the EU beginning as early as December sparks sterling rally.
Oct 20, 2017
Lacklustre economic data takes shine off the pound
Dollar registers gains as euro feels intraday Catalonian heat.
Oct 19, 2017
Chinese official warns of 'Minsky Moment' 30 years on from Black Monday
Zhou Xiaochuan warns of excessive optimism as Dow climbs well above 23,000 points and Chinese debt levels rise.
Oct 19, 2017
Fintech platforms from Nordic banks show collaboration to resist competition is working
Nordic banks' early large-scale adoption of digital banking channels has also improved cost efficiency, says Moody's.
Oct 19, 2017
Lloyds Bank shareholders suing for being 'mugged' over HBOS takeover
The shareholders claim the bank failed to tell them HBOS was effectively bust before the transaction was completed.
Oct 18, 2017
Theresa May's UK energy price cap will 'squeeze margins' for Centrica, SSE
Price controls unveiled by the Primer Minister could put some energy suppliers under severe strain, says ratings agency.
Oct 18, 2017
UK grocers upping their game even as German discounters expand market share
British grocers are mounting a spirited defence of their market share, according to Moody's.
Oct 18, 2017
Dow Jones jumps past 23,000 points as UnitedHealth shares rally
US blue chip index crosses historic mark for the first time driven by health insurance and consumer goods shares.
Oct 17, 2017
Private equity group reaches 'preliminary agreement' to buy the Weinstein film company
Colony Capital, which manages $50bn in assets, set to buy the production outfit brought into disrepute by allegations of sexual misconduct against its co-founder.
Oct 16, 2017
Pound surges again as Catalonia uncertainty drags euro lower
British currency rises against major crosses for second successive session as Prime Minister Theresa May heads to Brussels.
Oct 16, 2017
Lidl follows Amazon in announcing massive UK expansion
Discount retailer to open its 'largest-ever' distribution centre resulting in the creation of several hundred jobs.
Oct 16, 2017
Amazon continues relentless UK expansion with creation of another 1,200 jobs
Online retailer to create more permanent Jobs with the opening of a new fulfilment centre in Bolton.
Oct 13, 2017
Pound rallies against dollar and euro on leaked EU document
Confidential document suggests trade talks between London and Brussels could begin soon despite claims that Brexit negotiations were deadlocked.
Oct 13, 2017
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