US calls for EU to 'boost' economy

The US Treasury Secretary urges eurozone countries to “boost demand” in order to reduce unemployment and avoid deflation.

Source:: BBS Business

    

South Sudan dismays investors

South Sudan’s decision to order foreign workers to leave, reversed a day later, has rattled investors and neighbours.

Source:: BBS Business

    

Redundancies at Phones 4U HQ

Restructuring at the Phones 4U head office is resulting in 628 redundancies, but 887 jobs in stores will be preserved.

Source:: BBS Business

    

VIDEO: GSK receives record fine in China

Pharmaceutical firm GlaxoSmithKline is fined $490m (£297m) after being found guilt of bribery by a Chinese court.

Source:: BBS Business

    

Alibaba shares surge on NY debut

Alibaba’s shares open significantly above their initial price on the New York Stock Exchange on Friday, a sign of the excitement surrounding the Chinese internet giant.

Source:: BBS Business

    

Prada profit hit by fall in sales

The Italian fashion house Prada reports a 20% fall in profit, hit by the strength of the euro and a fall in leather good sales.

Source:: BBS Business

    

VIDEO: Alibaba shares begin trading in NY

Shares in Alibaba, the Chinese online retailer, have begun trading on the New York Stock Exchange.

Source:: BBS Business

    

WPP moves into Mongolia

A subsidiary of global advertising giant WPP has acquired a majority stake in a Mongolian ad agency.

Source:: BBS Business

    

'No' vote to alter tax and benefits

How ‘No’ vote will alter Scottish tax and benefits

Source:: BBS Business

    

Scottish 'No' vote 'relief' for firms

Businesses speak of ‘relief’ over Scotland’s rejection of independence, and banks say they will no longer be shifting operations out of Scotland.

Source:: BBS Business