Budget 2010 | Budget & Economy News | Full Coverage

Sign In
New User? Sign Up

News Home -
Help

HSBC chief not relocating to Hong Kong - report

Reuters - 2 hours 10 mins ago

LONDON (Reuters) - Stuart Gulliver, HSBC Holdings Plc's new chief executive, has dropped plans to relocate to Hong Kong and will stay in London, the Financial Times said on Tuesday. More »

Slowing economy to flag "stagflation-lite" fears
Reuters - 3 hours 10 mins ago
LONDON (Reuters) - After last week's shock rise in inflation, GDP data on Tuesday will show the economy slowed in the final quarter of this year, highlighting the dilemma facing the Bank of England. More »
Chinese banking giant ICBC opens branch in Spain
AFP - 6 hours 36 mins ago
MADRID (AFP) - Chinese bank ICBC, the world's largest by market value, opened its first branch in Spain on Monday as part of an expansion in Europe that has highlighted Beijing's growing global influence. More »
Bank's Sentance: MPC should focus on CPI not growth
Reuters - 6 hours 49 mins ago
LONDON (Reuters) - The Bank of England's Monetary Policy Committee now needs to focus on its main inflation objective, and not worry too much about trying to forecast growth, Bank policymaker Andrew Sentance said on Monday. More »
Goldman profit slides as bond trading wilts
Reuters - 7 hours 41 mins ago
NEW YORK (Reuters) - Goldman Sachs Group Inc posted a 53 percent decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets. More »
Bank must act now to restore credibility - Sentance
Reuters - 8 hours 16 mins ago
LONDON (Reuters) - The factors pushing up British inflation cannot simply be dismissed as "one off" influences and the Bank of England risks losing credibility if it fails to respond, Bank policymaker Andrew Sentance said on Monday. More »
BBC to slash online budget by a quarter
AFP - 8 hours 27 mins ago
LONDON (AFP) - The BBC said Monday it would cut its online budget by 25 percent as the publicly-funded broadcaster responds to criticism that is an unfair competitor to commercial rivals. More »
Halliburton profit rises, tops Wall Street view
Reuters - Yesterday, 01:49 pm
NEW YORK (Reuters) - Halliburton Co , the world's second-largest oilfield services company, posted a higher-than-expected quarterly profit on strong demand in its North American market. More »
Bank shares rattled by capital shake-up threat
Reuters - Yesterday, 11:48 am
LONDON (Reuters) - The prospect of Britain's banks needing to hold more capital to protect retail banking operations pressured their share prices Monday, even though the threat of a radical overhaul eased. More »