Browsing: Business & Economy

Fed upbeat on US economy but holds rates

Federal Reserve upbeat on US economy but holds rates The US central bank dismisses weaker first quarter economic growth to remain bullish on the prospect of further rate hikes. 19:18, UK, Wednesday 03 May 2017


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Facebook hiring 3,000 staff to police content

Facebook to hire 3,000 more staff to police content - Zuckerberg The social netowrk's founder takes to Facebook to pledge more action amid pressure to tackle extremism and keep users safe. 15:19, UK, Wednesday 03 May


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New £1 coins ‘losing their middle part’

New super-secure £1 coins 'losing their middle part' Some coins are said to be losing their silver centre, as the Royal Mint says a few defective coins will always slip through. 14:16, UK, Wednesday 03 May


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JP Morgan to move hundreds of UK jobs over Brexit

JP Morgan to move hundreds of UK jobs ahead of Brexit The US investment bank said it would start moving roles to EU hubs to be ready for when Brexit talks come to a conclusion. 14:28,


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JP Morgan to move hundreds of jobs over Brexit

JP Morgan to move hundreds of jobs ahead of Brexit "day one" The US investment bank said it would start moving roles to EU hubs to be ready for when Brexit talks come to a conclusion.


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Easter eggs help supermarket sales surge

Easter eggs help supermarket sales grow at fastest pace since 2013 Industry data showed an upturn for the grocery sector despite fears of a squeeze on household incomes as inflation rises. 12:01, UK, Wednesday 03 May


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Debt collector Cabot plots £1bn London float

UK's biggest debt collector picks banks for £1bn flotation Goldman Sachs and Morgan Stanley are among the banks picked to work on Cabot's listing, Sky News understands. 11:43, UK, Wednesday 03 May 2017 Image: Cabot


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ITV boss stepping down after seven years

ITV boss Adam Crozier stepping down after seven years Shares in the broadcaster have risen sharply under Mr Crozier's tenure as it has shifted away from heavy reliance on ad revenues. 10:31, UK, Wednesday 03 May


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Sainsbury’s profit down in ‘challenging’ market

Sainsbury's profits slide 8.2% amid 'challenging' market The business saw sales growth in convenience stores and online but faced a decline in its supermarkets, plus higher costs. 09:59, UK, Wednesday 03 May 2017 Image: Sainsbury's


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Mortgage debt for over-65s set to double

Mortgage debt for over-65s set to double by 2030: report Higher prices and a squeeze on earnings are changing the traditional time frame for homeowners to pay off their mortgages. 07:56, UK, Wednesday 03 May 2017


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