Confidence among UK consumers improved in August, a survey has suggested, but remains below pre-Brexit vote levels. Market research firm GfK said its consumer confidence gauge had recovered to -7 in August, up from -12 in July.
The €13bn tax penalty that Ireland is expected to claw back from Apple as illegal state aid is more than 30 times the tax it has paid in the rest of Europe over the past 10 years.
European equities are struggling to make headway, skirting a strong performance for Japanese stocks after the US dollar rallied against the yen on expectations the Federal Reserve could soon lift interest rates.
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo.
Steinhoff International, the South African retail conglomerate in pursuit of UK discount retailer Poundland, has warned that the sharp fall in the pound since the EU membership vote could have negative consequences for its businesses in Britain, which ...