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

Samsung raided in political corruption probe

South Korean prosecutors have raided the offices of Samsung Electronics as part of a probe into the political scandal around President Park Geun-hye.The prosecutors are investigating allegations that Samsung gave money to the daughter of Choi Soon-sil, a close friend of ... — Read More

HSBC profit falls 86% on Brazil disposal

HSBC's third-quarter profits have fallen sharply after it booked a loss from the sale of its Brazilian unit.Pre-tax profit at Europe's largest bank dropped to $843m (£678m), down from $6.1bn in the same period a year ago.HSBC took a $1.7bn loss ... — Read More

Inflation 'set to soar to 4% by late 2017'

UK inflation will quadruple to about 4% in the second half of next year and cut disposable income, a leading think tank has forecast.The rise in prices will "accelerate rapidly" during 2017 as the fall in sterling is passed on to ... — Read More

Ceta: EU-Canada trade deal to be signed on Sunday

Canada and the European Union are to sign a long-delayed landmark trade deal at a summit in Brussels on Sunday.Canadian Prime Minister Justin Trudeau described it as "great news" and said he looked forward to attending.A signing ceremony planned for Thursday ... — Read More

BA owner IAG's profits dented by weak pound

Airline group IAG, the owner of British Airways and Iberia, says the weak pound cost it €162m (£145m) in the third quarter of the year.Operating profits in the July to September quarter fell 4% to €1.2bn.The airline said it expects operating ... — Read More

Microsoft shares at new high as cloud focus pays off

Microsoft's focus on cloud computing has helped it deliver better-than-expected quarterly profits, sending its shares to an all-time high.The software giant posted a $4.7bn (£3.8bn) profit for the three months to September.Chief executive Satya Nadella has focused on building Microsoft's expertise ... — Read More

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