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BUSINESS

Christine Lagarde remains IMF chief despite negligence conviction

Digital Desk -
Christine Lagarde will remain head of the International Monetary Fund despite being convicted of negligence in a case dating to her tenure as France's...
BUSINESS

Bank of England governor Mark Carney warns against political interference

Digital Desk -
The Bank of England will not take instructions on its policies from politicians, Bank governor Mark Carney said, just a week after Prime Minister...
BUSINESS

Apple CEO Tim Cook pens open letter to customers following €13bn tax arrears ruling

Digital Desk -
In a 800 word letter Mr Cook accuses the European Commission of launching an effort to rewrite Apple's history in Europe, ignoring Ireland's tax...
BUSINESS

IMF to grant Egypt $12bn loan to fix ailing economy

Digital Desk -
The International Monetary Fund (IMF) is to grant Egypt a $12bn loan over three years to help the country mend its ailing economy following...
BUSINESS

‘Potent combination’ of economic factors sees demand for gold soar 127%

Digital Desk -
Demand for gold rocketed in the first half of the year as investors sought sanctuary in the safe haven asset in the face of...
BUSINESS

RBS posts massive first-half loss

Digital Desk -
Royal Bank of Scotland has reported a £2.04bn (€2.42bn) loss for the first half of the year after taking into account £1.3bn (€1.54bn) worth...
BUSINESS

HSBC’s pre-tax profits fall 29% amid Brexit concerns

Digital Desk -
HSBC has reported a 29% fall in pre-tax profits for the first half of 2016 as revenue fell 11% amid concerns over the EU...
BUSINESS

Lloyds Bank to cut 3,000 jobs and close 200 branches amid Brexit fallout

Digital Desk -
Lloyds Banking Group is cutting 3,000 jobs and shutting 200 branches as the lender braces itself for a cut in interest rates following Britain's...
BUSINESS

Mark Zuckerberg praises ‘another good quarter’ for Facebook

Digital Desk -
Facebook is now used by more than 1.7 billion people every month, the company's latest financial results revealed. The social media site, also reported revenue...
BUSINESS

Senior HSBC executive held on wire fraud conspiracy charges

Digital Desk -
HSBC's head of global foreign exchange cash trading has been arrested and charged in the US for allegedly conspiring to commit wire fraud. The US...
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