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UK public finances worsen, adding to Hammond's headache

LONDON Britain's public finances showed a much bigger than expected deficit in September, a setback for Chancellor Philip Hammond as he prepares to deliver the country's first budget plans since the Brexit vote.

Recent Business News

Samsung placing product images in Youku videos, targeting Chinese viewers

NEW YORK Advertising technology company Mirriad says it is working with Samsung Electronics Co Ltd and China's video site Youku to market Samsung products to Chinese viewers who are gravitating toward streaming video content.

12:47am BST

Peru protests risk halting one of world's biggest copper mines - MMG

LIMA Supplies needed to keep operating one of the world's biggest copper mines, Las Bambas, are running out as access roads remain blocked by protesters in Peru, Chinese-owned miner MMG Ltd said on Friday.

World 21 Oct 2016

New NYC law, San Francisco lawsuit highlight global risks for Airbnb

SAN FRANCISCO/BERLIN Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning.

Special Reports 21 Oct 2016

Oil up on Russia-OPEC hopes; U.S. rig count jump limits gains

NEW YORK Oil settled up on Friday on hopes Russia and OPEC will reach agreement at the weekend on market support initiatives to keep crude above $50 a barrel, although traders cautioned about pressure from a double-digit rise in the U.S. oil rig count.

21 Oct 2016

Bombardier to cut 7,500 more jobs through 2018, mostly in rail

MONTREAL Bombardier Inc said on Friday it would cut 7,500 jobs, mostly in its train-making division, in a second round of layoffs announced this year, following extended delays and budget overruns in its aerospace business.

21 Oct 2016
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