Economic News
Nestle sells US confectionery business to Ferrero in $2.8bn cash deal
Nestle has agreed to sell its US confectionery business to Italian group Ferrero for $2. 8bn in cash.
House prices seen falling in early 2018 after December pickup - RICS
Surveyors reported a pick-up in house prices last month, though changes to stamp duties for first-time buyers had little to no immediate effect, according to a report released on Thursday.
Bitcoin's 50% plunge and Ripple effect in cryptocurrencies rout
Bitcoin, Ethereum and other cryptocurrencies have plunged to four-week lows due to a loss of confidence sparked by regulatory proposals in South Korea and the unknown result of the expiry of initial futures contracts.
Thursday preview: Results from AB Foods, Experian, Halfords, Royal Mail and Whitbread
Associated British Foods, Experian, Halfords, Royal Mail and Whitbread are among the big names reporting on what looks a busy Thursday for corporate news.
London rental prices remain Europe's highest
London has reclaimed its title of Most Expensive City in Europe for renters for a third straight year as average monthly rents in the capital rose to stand almost £4,000 above those of any other major UK city.
Brexit uncertainty moves employers to reduce graduate jobs
Britain’s top employers downgraded their hiring plans during 2017, resulting in the first drop in graduate recruitment since the financial crisis, a High Fliers survey finds.
Heathrow to reveal proposal for shortened third runway in cost cutting exercise
Heathrow was set to unveil its new proposal for a shorter and cheaper third runway in an effort to push through its £15bn expansion plans.
US industrial production, capacity in use jump in December
Industrial production in the States surged ahead last month, boosted by sharply higher output from both mining and utilities.
NAHB housing market index slips to 72 in January, as expected
Sentiment among US housebuilders deteriorated a little as expected in January, according to data released on Wednesday.
Gender pay gap costs British women £138bn each year
Women in Britain are being short-changed by £138bn per year when their earnings are compared to those of their male counterparts, according to data compiled by the Young Women's Trust.
Australia lodges WTO complaint against Canada
Australia filed a trade complaint against Canada on Tuesday, accusing the North American nation of placing "discriminatory" regulations on the sale of wine imported from abroad.
Eurozone inflation remains subdued to keep ECB on toes
Eurozone inflation was confirmed at the subdued level of 1. 4% last month, keeping the issue at the forefront of the European Central Bank's thoughts.