The Artesian blog takes a look at the business headlines, For personalised daily news, contact Artesian
Barclays profit up to almost £3bn - Barclays has announced pre-tax profits of £2.98bn for the first half of 2009.
Profits for the year were slightly below analysts' forecasts of more than £3bn, but were up 8% on the £2.75bn it made in the first six months of 2008. (full story)
Apple tried to silence owner of exploding iPod with gagging order - Apple attempted to silence a father and daughter with a gagging order after the child’s iPod music player exploded and the family sought a refund from the company.
The Times has learnt that the company would offer the family a full refund only if they were willing to sign a settlement form. The proposed agreement left them open to legal action if they ever disclosed the terms of the settlement. (full story)
Observer newspaper 'set to close' - Speculation is mounting that the Guardian Media Group (GMG) is implementing plans to shut down The Observer, the world's oldest Sunday newspaper.
Yesterday, it was reported that on July 6 members of the Scott Trust, the charitable foundation that owns GMG, talked about a plan to close the newspaper as part of a cost-cutting drive. (full story)
Emerging markets power ahead - Factory activity hit multi-month highs in emerging economies in July as they scrabbled out of the worst global recession since the 1930s, but developed economies continued to shrink, although at a slower pace.
Asian stocks inched up to an 11-month high on Monday as evidence mounted that the global economic recovery is gathering speed, giving a boost to oil and copper prices while hurting the safe-haven U.S. dollar. (full story)
‘Banks lending less,’ say small retailers - Cash-strapped small business retailers are still being denied finance, with a third saying lending has decreased over the last three months.
According to the British Retail Consortium (BRC), over two-thirds of the respondents reporting a decrease in lending said lack of finance has undermined their ability to trade. Of these, 60 per cent say they have had to reduce staff levels. (full story)
0 comments:
Post a Comment