Stocks Slide As Greece Rows Back On Austerity

Greek stocks are nose-diving for a third day as the country's new prime minister sets a collision course with creditors by overturning spending cuts imposed under its bailout programme. Investors have reacted with horror to the election of Alexis...

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Tesco Closures: Is Your Local Store To Go?

Tesco has revealed the locations of the 43 stores it is planning to close, placing 2,000 jobs at risk. The supermarket chain, which has suffered a string of problems including falling sales and a £263m profits overstatement, announced the closures...

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US Gives $2bn To Ukraine As Fighting Continues

US Gives $2bn To Ukraine As Fighting Continues We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Jack Lew and Natalia Yaresko sign the aid deal in Kiev By Sky News US Team...

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Alibaba Sells Shoddy Goods Says China Watchdog

A Chinese regulator has launched an extraordinary attack on e-marketplace Alibaba, accusing it of failures including bribery and selling fake goods. The critical report was reportedly withheld to avoid disrupting its US stock market debut last year....

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Canary Wharf Owner's U-Turn On Qatar Sale

The owner of east London financial district Canary Wharf has dropped its oppostion to a £2.6bn bid for its sale to a Qatar-led consortium. Songbird Estates changed its stance after the Qatar Investment Authority (QIA) and its bidding partner Brookfield...

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Five Reasons For Apple's World Record Profit

Apple has reported the largest quarterly profits ever made by a public company - $18bn (£11.8bn). Here's why Apple fortunes are so rosy... Apple Is Following The Crowd Apple unashamedly followed the crowd by launching its big-screen iPhone 6 and...

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Hugo Boss Owner Faces Exodus Of Top Partners

By Mark Kleinman, City Editor The majority-owner of the fashion labels Hugo Boss and Dr Martens is facing an exodus of top-level partners just months after it raised billions of pounds for new investments. Sky News has learnt that Permira, one of...

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Protesters Rally Against Fracking Proposals

By Mike McCarthy, North of England Correspondent A council has delayed its decision on the future of fracking in Lancashire, as demonstrators from around the UK gathered in the county to oppose the process. It is the first time that Cuadrilla, an...

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Apple $18bn Profit Is World Corporate Record

Apple has reported quarterly profits of $18bn (£11.8bn) for the final three months of 2014 - the largest ever made by a public company. The technology giant's financial performance was driven by a new range of larger iPhones, with 74.5 million handsets...

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Bookies Urge Minister To Clamp Down On Rivals

By Mark Kleinman, City Editor The bosses of Britain's biggest bookmakers have urged the Government to extend advertising curbs across the industry as they seek to avoid "an unlevel playing field" with smaller rivals. Sky News has learnt that executives...

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