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MARKETS

BUSINESS

Scandal-hit Volkswagen sees 2015 sales fall 4.8%

Digital Desk -
German carmaker Volkswagen says sales last year fell 4.8% for its flagship brand as the company struggled to overcome a scandal over cars rigged...
BUSINESS

Chinese stocks volatile a day after trading was suspended

Digital Desk -
Chinese stocks were volatile and other Asian markets rebounded a day after a plunge in Chinese prices rattled global markets. The Shanghai Composite Index was...
BUSINESS

Shanghai and Shenzhen stock markets suspended after 7% drop

Digital Desk -
Shanghai’s stock index plunged nearly 7% today, sparking a halt in trading of Chinese shares, after weak manufacturing data and Middle East tensions weighed...
BUSINESS

Poundland shares plummet 21% after drop in profits

Digital Desk -
Shares in discount retailer Poundland have fallen more than 21% in early trading after it revealed challenging first-half figures. Underlying pre-tax profits for the six...
MARKETS

China’s new baby policy sparks shift in stock market

Digital Desk -
Shares of companies making nappies, buggies and infant formula have seen a boost from China’s decision to scrap its decades-old one-child policy. Investors are betting...
BUSINESS

Barclays ‘recovering’ from technical issues

Digital Desk -
Barclays says its systems are 'recovering' from technical issues which stopped some UK customers making payments. The problem began yesterday, and has been blamed on...
BUSINESS

IMF: World on verge of recession

Digital Desk -
The world is on the verge of another recession, according to the International Monetary Fund. It has revised down its global growth forecast for the...
BUSINESS

US stocks fall amid China growth fears

Digital Desk -
Ongoing worries about the health of the Chinese economy and another big sell-off in drug manufacturers pushed the US stock market back towards its...
BUSINESS

Aldi and Lidl continue to grow UK market share

Digital Desk -
German discounters Aldi and Lidl have enjoyed three months of booming growth as more than half of British households visited at least one of...
BUSINESS

Volkswagen facing billion-dollar fines after rigging emissions tests

Digital Desk -
Shares in German car maker Volkswagen have plunged by a fifth after it admitted rigging US emissions tests for nearly 500,000 diesel cars and...
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