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Barclays sinks to £1.2bn loss on Africa write-down and £700m PPI hit

Barclays made a loss of £1.2bn in the first-half of the year after selling part of its Africa business and forking out an extra £700m to cover costs from the payment protection insurance scandal. The FTSE 100 giant reduced its stake in Barclays Africa ...

German ETFs In Focus As Business Confidence Hits Record Highs (EWG)

From Zacks: Business Confidence in Germany, the largest country in Europe, hit a record high in July 2017, hinting at the optimism in the country’s businesses. It increased to 116 in July compared with 115.2 in June, the highest since 1991. It also beat ...

Mick Jagger just released 2 songs riffing on Brexit and Trump

A string of musicians, including British grime artist Skepta and Australian Kevin Parker of Tame Impala, have already contributed to remixes of the songs. "Right from the off when I started writing England Lost, I imagined having a British rapper on the ...

BT takes £225m hit over Italy accounting scandal

It said it had found evidence of improper accounting practices, leading to "the overstatement of earnings in our Italian business over a number of years". The Financial Reporting Council (FRC), the UK's accountancy watchdog, is investigating the auditing ...

UK Consumer Morale Slips as Economic Mood Hits Four-Year Low-GfK

LONDON — British consumer morale has sunk back to depths hit just after last year's Brexit vote and worse may be to come as households' view of the broader economic situation dropped to a four-year low, according to a survey on Friday. Market research ...

Wells Fargo to refund $80 million to customers hit by car loan insurance

Wells Fargo said it would reimburse about 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance policies. Continue Reading Below The total compensation of about $80 million will be refunded to ...

Watch: Justin Bieber Hits Paparrazi With His Car

The Canadian singer Justin Bieber accidentally hit a photographer with his Black Dodge pickup truck on Wednesday. The ‘Sorry’ singer Justin Bieber accidentally mowed down a photographer while driving. He was leaving from the Saban Theatre when the ...

AENA HY1 specialist and duty free shops’ sales hit $210m

As mentioned, duty free sales led all other commercial revenue channels with the aforementioned sales of €137.8m ($161.1m) generated by Aena’s stores at 26 airports under three contracts, with the majority of the business generated from those operated ...

Tech, transports drag on Wall Street; Dow hits record

The PowerShares QQQ Trust, an exchange-traded fund (ETF) tracking the Nasdaq 100, hit a record intraday high shortly after midday in New York but fell as much as 2.5 per cent from there with a spike in volume. As the market fell, Nasdaq 100 futures posted ...

Investor settlement over Italian scandal hits BT profits

First-quarter revenue and core earnings were in line with forecasts and BT said it would continue its restructuring by merging its EE mobile business into the rest of its Consumer division. It will continue to operate three brands: BT, EE and Plusnet.