UK trade deficit surges in November

The UK's trade position deteriorated sharply in November from the previous month.The deficit on trade in goods and services was estimated at £4.2bn in November, up from £2.6bn in October.The widening gap reflects a £3.3bn surge in imports according to the ... — Read More

UK trade deficit surges in November

The UK's trade position deteriorated sharply in November from the previous month.The deficit on trade in goods and services was estimated at £4.2bn in November, up from £2.6bn in October.The widening gap reflects a £3.3bn surge in imports according to the ... — Read More

CES 2017: Nokia Android phone spurns the West

The first Nokia-branded smartphone is to be released exclusively in China.The device will be marketed in partnership with the local internet retail giant JD.com.The team behind the Nokia 6 phone said it believed the handset's "premium design" would appeal to the ... — Read More

FTSE hovers just below record high

A mixed performance from mining companies kept London's FTSE 100 index hovering below its record high of 7,106 points.A weaker performance on Wall Street overnight also held back investors. The FTSE was down 11.33 points at 7,094.75.Randgold and Fresnillo were again ... — Read More

Joint call for EU citizens to stay in UK

Businesses and trade unions have called on Theresa May to guarantee immediately the right of EU citizens to stay in the UK after Brexit.The British Chambers of Commerce (BCC), which represents companies with a combined workforce of five million people, and ... — Read More

Christine Lagarde: IMF chief convicted over payout

A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment.As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed ... — Read More

Greek debt burden eased by creditors

Greece has won some relief from its debt burden following the latest talks with eurozone finance ministers.The Eurogroup agreed to a series of measures, which include waiving an interest rate increase which was due to take place next year.Other measures will ... — Read More

Nestle says will cut sugar in chocolate by 40%

The Swiss food giant, Nestle, says it has made a scientific breakthrough that can sharply cut the sugar in its chocolate.The company, which makes Kitkat and Aero, says its researchers have found a way to structure sugar differently, so that it ... — Read More

Google commits to £1bn UK investment plan

Google is to open a new headquarters building in London which could see 3,000 new jobs created by 2020.The news comes as a major boost to Britain's technology sector.Sundar Pichai, the chief executive of Google, told the BBC that the UK ... — Read More

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