KFC Owner Yum Hurt By China Food 'Scares'

Profits at KFC's parent company Yum Brands fell 68% in the third quarter as it continues to endure the effects of a series of controversies surrounding food in China. Shares fell more than 7% in after-hours trading when the firm warned it would take...

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Fed Reserve: Yellen Secures Obama Nomination

Male domination of central banking is set to be blown away as a woman is nominated for the most powerful monetary policy position in the world. President Barack Obama will formally nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke...

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Curved Samsung Galaxy Round Launched

Samsung Electronics has launched the world's first smartphone with a curved screen - the Galaxy Round - but it will only be available in South Korea. The phone, a variant of the Galaxy Note, moves the Asian giant a step closer to achieving devices with...

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Alitalia Could Be Grounded Over Unpaid Bills

Italian airline Alitalia is running the risk of being refused fuel for its planes as the company battles to secure its future. Alitalia, which employs 14,000 staff, has been told by Italian provider ENI that its taps will be turned off unless unpaid...

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Union Loses EU Battle Over Pilot Hours

A pilots union has lost its battle to persuade MEPS to vote against new European regulations for flying hours which it considers "unsafe and discredited". Last week the European Parliament's transport committee voted by 21-13 to reject the EU plans....

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PMQs: PM And Miliband Clash Over Energy Bills

PMQs: PM And Miliband Clash Over Energy Bills This website uses cookies. Cookies remember you so we can give you a better service online. By using this website or closing this message you are agreeing to our cookies notice. Cookies FAQs.x How...

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Rail Fare Price Increases To Be Curbed In 2014

The Government is announcing new measures to curb train operators' ability to increase ticket prices in the new year. Rail companies are able to add an additional 5% to some individual fares - as long as the average rise of regulated fares is maintained...

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Royal Mail: More Than 500,000 Seek Shares

By Mark Kleinman, City Editor The Government received well over half a million applications to buy shares in Royal Mail ahead of last night's deadline, confirming the status of the £3.3bn sell-off as the biggest privatisation for decades. Vince...

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IMF Issues $2.3trn Warning Over QE's End

By Ed Conway, Economics Editor, In Washington Investors could be facing a potential loss of $2.3trn (£1.44trn) if the world's central banks cannot smoothly unwind the emergency measures carried out during the financial crisis, the International...

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Microsoft Pays First $100k Hacking 'Bounty'

Microsoft is paying out its first $100,000 (£63,000) "bounty" after a London hacking expert found security holes in Windows 8. James Forshaw, a computer vulnerability researcher, discovered a new way to attack the flagship operating system. Microsoft...

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