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BUSINESS

Ferrero Rocher to buy rival Thorntons in £111m deal

The board of chocolate maker Thorntons said it has reached an agreement to sell itself to Italian rival Ferrero Rocher for around £111.9m. The offer...

No deal on Greek bailout

Greece and its international creditors have failed to secure a bailout deal that would help the country avoid a debt default at the end...

Non-Japanese car manufactures encouraged by latest quality survey

The quality of vehicles made by European, Korean and US companies has improved so much in recent years that Japanese manufacturers, long the industry...

U.S. industrial output hurt by weakness in manufacturing, mining

U.S. industrial production unexpectedly fell in May as manufacturing and mining activity remained weak, a sign that a strong dollar and spending cuts in...

Number of shoppers in UK stores falls for second month in a row

The number of shoppers visiting UK stores fell for the second month in a row in May, figures show. Footfall was 1% lower last month...

UK Economy: Trade Imbalance and Unemployment

By Afolabi Thomas In the first quarter of 2015 the UK economy grew by about 0.3%, slower than the 0.6% growth recorded in the third...

EU accuses Amazon’s e-book business of being anti-competitive

Amazon is to be investigated by the European Commission (EC) over possible anti-competitive behaviour in its e-books business. The commission said Amazon had clauses in...

Fresh Greek proposals over bailout

Greek officials say they have made new proposals aimed to strike a quick deal with bailout creditors and unlock vitally needed rescue funds. The proposals...

Creditors tell Greek leader to offer improved economic reforms

Greek prime minister Alexis Tsipras has reinforced his diplomatic offensive to try to convince European creditors to pay out the bailout loans the country...

U.S. job openings hit record high; small businesses upbeat

U.S. job openings surged to a record high in April and small business confidence perked up in May, suggesting the economy was regaining speed...

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