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Profits at Ryaniar expected to soar

The City will look for more details on how the new boss at Marks & Spencer plans to turn the retailer around, profits at...

Nokia phones are about to make a comeback

Nokia, the makers of most people’s first mobile phone, is poised to make a comeback after finalising a deal to license out its brand...

Mitsubishi president to resign over mileage cheating scandal

Mitsubishi president Testuro Aikawa is stepping down over the mileage cheating scandal unfolding at the Japanese car maker. Mr Aikawa has told reporters he will...

Tesco boss Dave Lewis gets £2.9m bonus as supermarket returns to the black

Tesco chief executive Dave Lewis has been awarded an annual bonus of £2.9m, taking his total pay for the year to £4.6m. The figures, revealed...

Brexit would see house prices fall significantly, says George Osborne

House prices will fall significantly if Britain votes to leave the European Union, Chancellor George Osborne has said. First-time buyers would simultaneously struggle because mortgage...

Netflix shares lose ground due to lower subscribers target

The value of shares in Netflix has fallen after the company reduced a new subscribers target. The streaming service says it is aiming to add...

Apple confirms June 13 is the start of its developer conference WWDC

Apple’s big annual event of the summer, the Worldwide Developers’ Conference, better known as WWDC, has been confirmed for June 13 in San Francisco. The...

BlackBerry is planning two more Android smartphones for this year

BlackBerry will release two new Android smartphones this year, the company’s CEO has said. In an interview with the Abu Dhabi news website The National,...

Jimmy Choo sales outpace global competition

British designer shoe brand Jimmy Choo shrugged off the woes in the luxury goods sector to post higher annual sales and earnings. The group said...

Oil giants propose to freeze oil production’ if other oil producers join’

Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. Energy minister Alexander...

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