William Hill to shut 700 offices putting 4,500 jobs at risk
Gambling company William Hill Plc said it plans to shut 700 licensed betting offices, putting about 4,500 jobs at risk after Britain put a cap on fixed odds betting terminals.
Oil prices fall on signs of slowing U.S. demand, economic concerns
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.
BMW and Daimler team up to develop automated driving technology
BMW and Daimler have entered into a long-term development partnership for automated driving involving 1,200 technicians from both companies, BMW said on Thursday.
Collapsing bond yields drive world stocks to new highs
Government bonds held near multi-year lows on Thursday on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, pushing world stocks to new 18-month highs.
China says existing U.S. tariffs must be removed for a trade deal
Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday.
Superdry moves to fill boardroom seats after Dunkerton’s bruising battle
Superdry has appointed former finance heads of M&S and New Look to its board, months after the UK fashion retailer’s founder Julian Dunkerton rejoined after a bruising boardroom battle that saw most of its directors leave.
In Brexit Britain, battling home lenders chase risk and pensioners
The framed coat of arms hanging in the headquarters of the Hanley Economic Building Society in Stoke-on-Trent depicts two squirrels in ermine robes above the motto ‘Save Safely, Build Surely’, which the mortgage lender’s customers have duly done for ov…
Stocks rally on bets of Fed rate cuts; euro wobbles
Asian stocks advanced on Thursday, tracking solid gains on Wall Street as weak economic data in the United States bolstered the prospect of rate cuts by the Federal Reserve as soon as this month.
Samsung in hot water over splashy Australian phone ads
Australia’s consumer watchdog has sued Samsung Electronics Co Ltd’s Australian unit for allegedly misleading consumers by promoting water-resistant Galaxy smartphones as suitable to use in swimming pools and the surf.
Zalando to build Rotterdam warehouse to serve western Europe
Zalando , Europe’s leading online fashion retailer, said it would build a 140,000 square meter warehouse near the Dutch port of Rotterdam to serve its customers in the Benelux countries, France, Spain and the United Kingdom.
