HSBC's profits dived by almost 20pc as choppy financial markets and weak economic growth in Asia dented its bottom line in the first quarter of the year - but the results were better than expected as the bank successfully cut costs.
Households in London get more than half their wealth from the Bank of Mum and Dad helping first time buyers get on the housing ladder, a shocking report revealed today.
Fund group Aberdeen Asset Management saw interim profits nearly halve as it continued to suffer amid an emerging markets rout. Chairman Roger Cornick said the company remains 'vulnerable to further outflows over the next few quarters' (Aberdeen Asset ...
The founder of the clothing brand Joules is set to make about �40m in cash when the business he launched from stalls at country fairs floats on the stock market.
FRANKFURT Pressure on ticket prices, tourist caution after attacks on European cities and cargo weakness prompted Lufthansa (LHAG.