The Green Investment Bank (GIB) needs to be built up before it can be floated in several years' time according to a UK-based international consortium which wants to be reconsidered as a buyer for the government-owned bank.
Britain is facing three years of slow growth, rising unemployment and squeezed consumer spending as the Brexit-induced collapse in the pound triggers a radical rebalancing of the economy.
Untethering the ruble helped Russia ride out the biggest oil downturn in a generation. But it's left the world's biggest energy exporter vulnerable to greater volatility in crude prices as OPEC pushes output cuts.
Zacks Investment Research upgraded shares of Credit Suisse Group AG (NYSE:CS) from a sell rating to a hold rating in a report issued on Monday.
Snap Inc.'s quest to earn enough money to IPO sees it flip-flopping after pledging not to use “creepy” ad targeting. Snap will now allow advertisers to use Oracle's Data Cloud (formerly Datalogix) third-party data about what users buy offline to target ...