Business news blog


US economic growth revised upward

The US economy grew at an annualised rate of 1.4% in the fourth quarter of 2015, according to official figures.

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Gulf stocks down as Iran sanctions lift

Shares in Saudi Arabia and other Gulf states drop sharply in response to the lifting of Iranian sanctions.

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China stocks up despite growth data

Chinese stocks trade higher as third quarter growth data comes in slightly ahead of expectations.

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PRESS DIGEST- British Business - Sept 28 - Reuters


PRESS DIGEST- British Business - Sept 28
Reuters
AB INBEV could table a 70 billion pound ($106.35 billion) bid for SABMiller this week, firing the starting gun on the biggest-ever takeover of a British company. Over recent days the world's two biggest brewers have begun "friendly" talks, sources said.

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Carney: UK interest rate rise on agenda despite China woes - BBC News


BBC News

Carney: UK interest rate rise on agenda despite China woes
BBC News
Mark Carney, speaking at the annual Jackson Hole convention in the US of central bankers and economists, said: "The prospect of sustained momentum in the UK economy and the gradual firming of underlying inflationary pressures will likely put the ...
Mark Carney: China slowdown unlikely to stop UK interest rate riseThe Guardian
China's economic turmoil unlikely to affect timing of UK interest rate rise ...WalesOnline

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