Industrial production in China recorded a smaller-than-expected rise in April, underlining worries that the economy may be losing steam.
Read the rest here: China industrial output disappoints
Category : Business
U.S. stocks continue to set new records as investors welcome better-than-expected corporate earnings and signs of strength in the job market.
See original here: Dow, S&P hit new highs in quiet trading
Category : Business, World News
The eurozone economy will shrink more than expected this year, with France sliding into recession, a European Commission report says.
Original post: France to enter recession, EU says
Category : World News
A total of 500 jobs are expected to go as Nationwide integrates three regional building societies into its main operations.
Read this article: Jobs to go in Nationwide shake-up
Category : Business, World News
Shares of LinkedIn fall more than 10% in after-hours trading in New York, after a weaker-than-expected forecast for the current quarter.
See the original post here: LinkedIn shares hit by weak forecast
Category : Business, World News
High Street bakery Greggs warns of lower than expected profits this year after reporting a fall in underlying sales.
Excerpt from: Greggs bakery in profits warning
Category : Business, World News
The US economy grew at an annualised pace of 2.5% in the first quarter of the year, weaker than expected despite strong consumer spending figures.
Continued here: US economic growth reaches 2.5%
Shares of both companies hit new highs after they separately reported better-than-expected earnings this week.
See the article here: Pepsi and Coke pass investors’ taste test
Bundestag MPs expected to criticise the handling of the Cypriot rescue plan this morning, with a vote expected around 10am BST (11am CET).
China Q1 GDP falls to 7.7% versus expectations of 8%, with industrial production 8.9% against expected 10.1%
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