General Electric, the US industrial group, capped off a bruising year with earnings that were below expectations for the fourth quarter of 2017, hit by continuing problems in its division making equipment for the power generation industry.
Great Ormond Street Hospital said it will return previous donations from the Presidents Club Charitable Trust after a Financial Times investigation revealed sexual harassment of women at an event the trust held in London.
David Davis, Brexit secretary, has told MPs he has changed his mind after previously advocating Britain should stay in the EU customs union in the long term. Mr Davis said in 2012 that the customs union was vital for trade, especially for companies with complex supply chains.
A key economic adviser to Chinese president Xi Jinping says the country has “stood firm against all forms of protectionism”, forming yet another contrast with the US’ America First agenda at the World Economic Forum in Davos.
Employment rose by more than expected in the UK during the three months to the end of November, quelling fears that the UK’s strong recovery in jobs since the 2008 financial crisis may be losing steam.
Steven Mnuchin arrived at the World Economic Forum in Davos with an uncompromising message to the world that the Trump administration’s America First policies were good for the US and the rest of the world.
European businesses have reported their strongest month since before the financial crisis, according to a series of closely-watched surveys that suggest the continent’s recent run of growth is set to accelerate further and the ECB’s long-sought increase in inflation is on the horizon.
German businesses are feeling more optimistic than at any point on record, according to a closely watched survey that suggests service providers in the eurozone’s largest economy enjoyed a particularly strong start to the year.
Inflationary pressures are rising in France and businesses are increasingly willing to pass higher costs on to their customers, according to a closely watched survey that will make welcome reading for policymakers at the European Central Bank ahead of Thursday’s monetary policy meeting.
Crest Nicholson shareholders: big-time winners, or small time-losers? It depends on whether you look at the housebuilder’s absolute or relative return. Crest’s share price rose by 20 per cent in calendar year 2017, which is an extraordinary 12-month performance… until you realise that its rivals’ shares rose by an average of 43 per cent.