LONDON British retail sales rose the most in over a decade in the second quarter despite a drop in spending in June, official data showed on Thursday, giving the Bank of England some reassurance shoppers have largely shaken off a sluggish start to 2018.
Recent Business News
FARNBOROUGH, England Hawaiian Airlines [HAII.UL] said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival Airbus to defend its A330neo jet against the Boeing series.
LONDON British Airways said on Thursday it had resolved an I.T. issue overnight which had led to cancelled flights at Europe's busiest airport Heathrow, and was trying to minimise any further disruption to its schedule.
BEIJING China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were "shocking" and "bogus" accusations.
Britain's Barclays on Thursday appointed Darren Campili as vice chairman of healthcare banking, effective from towards the end of the summer.
HONG KONG Hong Kong's securities regulator said on Thursday it had fined a local unit of HSBC Holdings Plc HK$9.6 million (938,707 pounds) for systemic deficiencies in its bond selling practices.
- Gold: PRECIOUS-Gold slips to 1-year low as U.S. dollar firms
- Oil Report: UPDATE 4-Oil prices fall on record U.S. output, stock build
- British Pound Report: UPDATE 1-Weak retail sales sends sterling below the $1.30 line
- US Dollar Report: FOREX-Investors bet on long-term dollar strength after Fed comments; greenback rises