RSS Feeds

BBC Business


Bank and business at odds over rates
Bank of England minutes show officials are still wary over raising interest rates while the Institute of Directors believes the Bank is being too cautious.

Glaxo profits fall hits shares
GlaxoSmithKline shares fall 6% as the drugs company's profits are hit by a slide in sales and a bribery investigation in China.

Young adults face housing squeeze
A growing proportion of young people have been squeezed out of the housing market in England and are renting privately instead, a report suggests.

Cyber-theft hits eBay's Stubhub
The ticket reselling service Stubhub, owned by eBay, announces that more than 1,000 of its customer accounts have been broken into.

Boeing profits from sales boost
US aerospace giant Boeing earnings rise 52%, boosted by a "strong" quarter for commercial aircraft sales.

Airline route assessments criticised
Safety assessments for risky air routes are "not good enough", the British Airline Pilots Association says.

PayPal to advance cash to businesses
Online payments firm PayPal is to advance cash to UK small businesses from the early autumn as an alternative to traditional loans, the company has announced.

UK licensing arms exports to Russia
Licences to export arms worth millions of pounds to Russia remain in place despite fears Moscow is arming rebels in Ukraine, MPs have said.

Apple earnings up on iPhone sales
Apple reports quarterly profits of $7.75bn up 12%, helped by strong sales of its iPhone.

China detains five over meat scandal
China detains five people as part of its probe into a firm that allegedly supplied out of date meat to fast food chains, including McDonald's and KFC.

New contracts boost Capita profits
Outsourcing group Capita sees a 16% rise in profits after winning contracts worth £1.3bn, including a 10-year contract to manage the UK government's military estates.

Microsoft profit falls on Nokia loss
Technology giant Microsoft reports a 7% fall in profits to $4.6bn in the second quarter, hit by a $692m loss at its newly-acquired Nokia handset division.

Airlines suspend flights into Israel
US and European airlines suspend flights into Israel's Ben Gurion airport after Israeli police confirmed that a rocket landed one mile away.

Electronic Arts earnings surge 51%
US video game publisher Electronic Arts reports a 51% jump in profit for the April-to-June quarter, boosted by strong sales of titles like Titanfall and FIFA 2014.