The International Monetary Fund's top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an ...
Royal Dutch Shell has disappointed investors with a 72 per cent fall in quarterly profit that it blamed on weak oil prices and costs related to its $54 billion takeover of BG Group, showing how much strain it faces after the bumper deal.
An employee works on an engine production line at a Ford factory on 13 January 2015 in Dagenham, England. Photograph: Carl Court/Getty Images.
Companies hit by Brexit include Countrywide, Rolls Royce and Lloyds Banking Group. But Merlin Entertainment, Sky and Just Eat have fared much better.
LONDON European pay-TV group Sky (SKYB.L) said a twin focus on product innovation and top-class sport and entertainment would help deliver a better-than-expected rise in revenue in the year ahead after it reported 12 percent higher full-year profit.