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The Consumer Price Index (CPI) measure of inflation was slightly higher than expected in July, edging up from zero in June due to the weaker impact of summer clothing sales compared to previous year. She added that interest rates would have to raised well before inflation hits...

The U.S. stock market is rising at midday, bouncing back from a discouraging report on manufacturing. The Dow Jones Industrial Average and the S&P 500 notched up 0.4 and 0.5 percent, respectively. The Australian dollar, often used as a liquid proxy of China-related trades,...

LG Display and LG Electronics are the lone manufacturers of OLED TVs, which are still more expensive and more hard to produce than LCD TVs.

Annual house price inflation rose to 5.7% in June, according to the Office for National Statistics (ONS).

Facing an array of expansion costs, electric-car maker Tesla Motors said Thursday that it is going to raise $500 million through the sale of an additional shares of common stock.

Planning Minister Nelson Barbosa said he thought Brazil would not lose the investment grade rating, calling the country’s fiscal trajectory “sustainable”.

Mr Beale said today that Nationwide had been unfairly penalised with additional bank taxes since the financial crisis.

Tony Cross, market analyst with Trustnet Direct, said: “As we saw with Bovis yesterday, there’s a degree of scepticism emerging as to just when the party will come to an end for the sector and although it’s not looking imminent, there’s a growing feeling...

That fee may very well be what is slowing the growth of Apple Pay in the U.S., as well as in other countries. Major banks and financial institutions in other countries are fighting the rollout. In Australia, banks only make about 50c per $100, so giving up 30 per cent of their...

Indro previously worked for Philips Semiconductors BV in several executive board positions, including Executive Vice President – Global Marketing & Sales and Chief Marketing Officer and latterly global CEO of the strategic Automotive and RF Identification Business Units.

On Wednesday, August 18, the Williamsburg, Brooklyn Starbucks location will begin serving the coffee chain’s “evening menu”, which will add some wine, beer and dinner treats to the neighborhood joint.

Meanwhile, Page and co-founder Sergey Brin are becoming the new CEO and president at Alphabet.

Energy services giant Wood Group reports it has slashed group headcount 13 per cent since December in what was a “very challenging” first half for oil and gas.

“We welcome the successful vote in the Greek Parliament this morning”, said German Foreign Ministry spokesman Sebastian Fischer, whose country has been the single largest contributor to Greece’s previous two bailouts and is the country’s harshest critic.

Zhang says there used to be a 3-percent gap accumulated between the official rate and market expectations.