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State Of The Union: Obama Vows To Create Jobs

Written By Unknown on Kamis, 14 Februari 2013 | 00.11

By Amanda Walker, US Correspondent Barack Obama says America's sluggish economy can only get back on track through a "rising, thriving middle class". In his annual State of the Union address the American President outlined his plans for the coming...
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Apple Boss Says Tech Giant Still Has Its Mojo

Apple's chief executive has told investors that his company can still "innovate like magic", as he tried to convince them that the firm's best days are not over yet. Speaking at Goldman Sachs' technology and internet conference, he said Apple had "never...
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New Look Hires Banks To Tackle £1bn Debt Pile

By Mark Kleinman, City Editor New Look, the high street fashion retailer, is appointing two Wall Street banking giants to help tackle its £1bn mountain of debt. I have learnt that Goldman Sachs and JP Morgan are about to be enlisted to assist with...
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Inflation To Hit 3% Or More - Bank of England

The Bank of England said it expects the UK economy will see a "slow, but sustained recovery" but has warned that inflation will rise to 3% or more. Bank governor Sir Mervyn King said inflation was expected to remain above the 2% target for another two...
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Blockbuster To Close 164 High Street Stores

Blockbuster will shut 164 additional shops over the coming weeks as part of a "phased closure", it has been confirmed. Administrators Deloitte said the closures were part of an ongoing portfolio review and discussion with landlords and "interested parties"...
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Global IT Firms Face Tax Grilling By MPs

MPs are preparing to question the tax affairs of major American computer companies, as the crackdown on tax avoidance intensifies. The Public Accounts Committee (PAC) is considering calling in some of the biggest IT companies over their tax schemes,...
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Rebel Investor Wages War Over Offices Group

By Mark Kleinman, City Editor A tussle for control of one of Britain's biggest serviced office groups has intensified with the emergence of a High Court legal battle that threatens to cloud efforts to secure its future. Sky News understands that...
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Horsemeat: British Plants Raided Amid Warning

Those guilty of passing off horsemeat as beef are being threatened with the "full force of the law" after two British processing plants were shut down following raids. Environment Secretary Owen Paterson made the warning before heading to Brussels today...
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Barclays Chief: Tax Planning Still Important

By Mark Kleinman, City Editor Tax planning will remain an important element of the services Barclays offers to corporate clients despite its decision to close a controversial unit which generated vast profits for the bank, according to one of its...
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Republic In Administration As Website Shuts

Fashion retailer Republic has gone into administration and closed its website, putting 2,500 jobs at risk. The normal website was replaced with a headline saying "Site Unavailable", along with a message from the joint administrators.  Customers...
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