Higher fares for flights and ferries helped to push the rate of inflation up in April, the first increase in the rate for 10 months. The Consumer Prices Index, ... Read More
Marks and Spencer has reported a 3.9% fall in underlying annual profit to £623m, the third consecutive year its profits have fallen. The retailer also said that group sales ... Read More
A Libyan military police chief said he disbanded parliament after a militia group he backs stormed it yesterday, spreading violence in the energy-rich nation to its capital and sending ... Read More
Amid a bitter crisis in relations with the West over Ukraine, Russia’s President Vladimir Putin is moving to bolster ties with China. Russia sees relations with China as a ... Read More
Deutsche Bank AG says raising 8 billion euros ($11 billion) in new capital from investors will strengthen its finances as it faces tighter regulation and uncertain costs from litigation. ... Read More
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel ... Read More
Russia’s economy slowed sharply in the first three months of 2014 as the Ukraine crisis slammed business confidence and investment. Official Russian statistics showed gross domestic product grew by ... Read More
The French government is broadening its authority to intervene when foreign companies want to buy firms the state considers vital, including in the sectors of transport, health and communications. ... Read More
European economic growth was weaker than expected in the first three months of 2014, but still managed to outpace the U.S. for the first time in three years. Gross ... Read More
Shares in Japanese electronics giant Sony have fallen by as much as 7% after the company forecast its second straight year of losses. The stock sell-off came after Sony ... Read More
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