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.
Willie Walsh, the boss of British Airways owner IAG, has said the investigation into the power failure behind an IT meltdown that grounded tens of thousands of passengers is nearly over, as the group reported a surge in profits.
Spain's economy grew by 0.9% in the second quarter thanks to improved exports and household spending. The growth figure, a first estimate from the National Statistics Institute (INE), suggests the country's economy has finally grown back to the size it ...
BT has taken a fresh hit to its profits in the wake of its Italian accounting scandal after agreeing to pay Deutsche Telekom and Orange �225m to avert potential litigation related to the sale of EE.
Amazon.com on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing.