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EU referendum: Soros warns of Brexit threat to pound and jobs

EU referendum: Soros warns of Brexit threat to pound and jobs 21 June 2016 From the section Business Legendary investor George Soros has warned of “serious consequences” for British jobs and finances if the country leaves the EU. Writing in the Guardian, he said sterling would “decline precipitously” if the ...

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ScotRail and Southern strikes prompt disruption warning

ScotRail and Southern strikes prompt disruption warning 21 June 2016 From the section England Image copyright PA Image caption The RMT has staged protests oustide rail company offices in Glasgow and London Railway passengers have been warned to expect delays, disruption and cancellations as separate 24-hour strikes begin on Southern ...

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Walmart announces Chinese partnership with JD.com

Walmart announces Chinese partnership with JD.com 20 June 2016 From the section Business Image copyright Getty Images Walmart has announced a partnership with the Chinese e-commerce firm JD.com to help revive the US company’s struggling website Yihaodian. Walmart will give JD.com ownership of Yihaodian’s marketplace, including the brand, website and ...

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Former Volkswagen boss under investigation in Germany

Former Volkswagen boss under investigation in Germany 20 June 2016 From the section Business Image copyright Getty Images Former Volkswagen boss Martin Winterkorn is under investigation in Germany for alleged market manipulation. German prosecutors have accused Mr Winterkorn, and another former board member, of withholding information from investors about VW’s ...

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Nissan will take legal action against Leave campaign

Nissan will take legal action against Leave campaign 20 June 2016 From the section Business Image copyright Associated Press Image caption The Japanese carmaker was one of several firms with UK operations included in leaflet Nissan will take legal action against the Leave campaign, after its logo was displayed in ...

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India overhauls foreign ownership rules

India overhauls foreign ownership rules 20 June 2016 From the section Business Image copyright EPA Image caption Apple’s Tim Cook recently visited India India has announced a radical overhaul of its foreign ownership rules to attract more overseas investment. Airlines and some defence industries may now be 100% foreign owned ...

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'Woeful' interest for Isa customers

‘Woeful’ interest for Isa customers By Kevin Peachey Personal finance reporter 20 June 2016 From the section Business Image copyright PA Banks’ most loyal customers are receiving “woeful” interest rates on their Individual Savings Accounts (Isas), a consumer group has said. Which? said that banks had been more frequent than ...

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The pound has made strong gains against the dollar

The pound has made strong gains against the dollar 20 June 2016 From the section Business Image copyright Press Assocation Image caption EU Referendum vote continues to impact the British currency The pound has strengthened sharply against the dollar in early trading, bouncing back from last week’s losses. A short ...

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Help to Buy Isa scheme 'helps lucky few'

Help to Buy Isa scheme ‘helps lucky few’ 20 June 2016 From the section England Image copyright Getty Images Image caption First time buyers in many areas of England will find a two-bedroom house costs more than the maximum they can purchase with a Help to Buy Isa Would-be-homeowners in ...

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Asia shares rally on UK referendum polls

Asia shares rally on UK referendum polls 20 June 2016 From the section Business Image copyright Getty Images Asian shares rallied on Monday on the latest British opinion surveys showing a resurgence of the vote to remain part of the European Union. The British pound also was higher, gaining 1.4% ...

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