LONDON - British property valuers reported a surge of activity on Thursday as property investors tried to beat an increase in transaction taxes on rental investments coming into force in April.
SYDNEY Fresh cracks appeared in global markets on Thursday as investors sought the safety of Japanese yen, gold and top-rated bonds while dumping U.S. dollars on bets the Federal Reserve could be done raising interest rates.
Wed, Feb 10 2016
LONDON Britain's government could rapidly restart sales of state-held shares in Lloyds Banking Group if market conditions normalise and the share price rises, the finance ministry's top civil servant, Nicholas Macpherson, said on Wednesday.
SINGAPORE Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half of the year.
SAN FRANCISCO Yahoo Inc announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts.
LONDON The first draft of a new global code of conduct for the $5 trillion a day currency market seeks to define better what traders can and cannot say to one another.
SINGAPORE A private banker, caught up in Singapore's money laundering probe linked to 1Malaysia Development Bhd, was a key link between the embattled state investor, a Swiss private bank and a Malaysian businessman connected to the troubled fund.
HELSINKI Finland's Nokia reported better-than-expected profits for its mainstay telecom network equipment business but warned that rollouts for new mobile networks would start to slow this year in its key market in China.
Amazon.com Inc, the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion (4 billion pounds) share buyback programme.
Twitter Inc reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company to reverse the trend. | Video