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Citi's second quarter earnings beat analysts' forecasts
US banking group Citi reported second-quarter earnings ahead of analyst expectations on Monday, despite a fall in investment banking revenues.
Morgan Stanley sounds note of caution over tobacco in otherwise upbeat HPC review
Morgan Stanley has backed the household, personal care and cosmetics sector – but sounded a note of warning about tobacco companies.
Peugeot sees global car sales slide
PSA Group saw sales stall in the first half of the year, after demand faltered in China and the French company was forced to pull out of Iran.
Codebreaker Alan Turing new face of £50 note
The mathematician and codebreaker Alan Turing, whose work helped shorten the Second World War, is to be the new face of the £50 note.
Travis Perkins ramps up plans to spin off Wickes - report
Builders’ merchant Travis Perkins has reportedly accelerated plans to offload its struggling Wickes DIY chain.
Jefferies backs Boeing despite slide in deliveries
Jefferies has reiterated its ‘buy’ recommendation on Boeing, despite a slump in second-quarter deliveries that left rival Airbus poised to overtake the US company as the world’s biggest plane manufacturer.
Sir Kim Darroch steps down as US ambassador
Sir Kim Darroch, the British ambassador to the US, has resigned, the Foreign Office confirmed on Wednesday.
Eurozone downgrades growth forecasts as global trade tensions rise
The European Commission has revised down its 2020 growth forecast for the Eurozone, blaming heightened global trade tensions and the threat of a no-deal Brexit.
Berenberg ups price target on London Stock Exchange
Berenberg has reiterated its ‘buy’ rating on the London Stock Exchange, arguing that listed exchanges are fairly valued, despite concerns to the contrary.
UK economy returns to growth as car production picks up
The UK economy grew in May, reversing earlier declines, as previously stalled car production started to pick up, official figures showed on Wednesday.
US-China trade talks to resume this week
Talks aimed at ending the trade war between China and the US are set to resume as early as this week.
Hello Kitty owner fined by European Commission
Hello Kitty owner Sanrio has been fined €6. 2m by the European Commission for breaking the bloc's rules on cross-border sales.
BASF shares tumble after it warns on full-year profits
German chemicals giant BASF has slashed its guidance for annual profits by as much as 30%, after industrial production was stalled by the slowing global economy and the increasingly bitter US-Sino trade war.
Nintendo confirms partial switch of production out of China
Nintendo is to move part of the production of its bestselling Switch gaming console away from China, it emerged on Tuesday.
Shares in Rémy Cointreau fall as chief executive announces departure
The chief executive of Rémy Cointreau has resigned, the French drinks group confirmed on Tuesday.
M&G Real Estate drops legal action against Debenhams
M&G Real Estate has withdrawn its legal challenge to Debenhams’ restructuring plans, it was announced on Monday.
CFOs increasingly downbeat as Brexit inches closer - survey
British companies are increasing pessimistic about UK’s impending departure from the European Union, with a majority believing it will harm the long-term business environment, a survey of chief financial officers has found.
Tesco to open 750 new stores in Thailand
Tesco is to dramatically ramp up its presence in Thailand, one of its most successful overseas markets, by opening 750 new stores.
Lidl UK expansion plans ramp up with Scottish push
Lidl is stepping up its UK expansion plans with 12 new stores in Scotland, the German discounter announced on Monday.
RBC sees buying opportunity as box office hots up for Cineworld
RBC Capital Markets has flagged Cineworld as a "fantastic" buying opportunity despite pencilling in a slide in first-half earnings for the cinema chain.