China cuts key interest rate to 4.35%

25 October 2015

china cuts-business-people re-el magazineChina has cut its one-year benchmark interest rate by 0.25 percentage points to 4.35%… more



Google’s new parent Alphabet reports steep profit gain

23 October 2015

google-business-people re-el magazineAlphabet the new parent company of Google, has reported profits up almost 50% for the third quarter….read more



Starbucks and Fiat Chrysler tax deals ‘illegal’

21 October 2015

starbucks-business news-people re-el magazineStarbucks and Fiat Chrysler have been told they must pay back between €20m (£15m) and €30m in taxes….read more



Tata Steel job cuts: Industry is ‘in crisis’

18 October 2015

Tata Steel-business news-people re-el magazineThe steel industry is “in crisis” and needs “life-saving surgery”, the director of UK Steel has warned….read more



Library builder’s monument of books

16 October 2015

johnwithyak-business-people re-el magazineAt some point this year, a child somewhere in the developing world became the ten millionth beneficiary of Room….read more



JP Morgan profit misses expectations

14 October 2015

JP Morgan-business-people re-el magazineWall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still….read more



Glencore confirms sale of mines in Australia and Chile

12 October 2015

Glencore's coppper-business-people re-el magazineEmbattled mining giant Glencore said it has started the sales process for two of its copper mines in Australia….read more



Standard Chartered ‘to cut 1,000 senior jobs’

10 October 2015

Standard-business-people re-el magazineStandard Chartered bank, a London-based lender that makes most of its profit in Asia, could cut up to 1,000….read more



Deutsche Bank warns of large loss

8 October 2015

Deutsche bank-business news-people re-el magazineDeutsche Bank has warned investors it will post a net loss of €6.2bn (£4.5bn) for the third quarter….read more



Volkswagen US boss told about emission cheat in 2014

8 October 2015

Volkswagen US-business news-people re-el magazineVolkswagen’s US boss has admitted he was aware early last year of the emissions cheating affecting millions….read more




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