Business news blog


Boeing to halve jumbo jet production

The world's biggest plane maker Boeing says it will cut production of its 747-8 jumbo jet in half and take a charge of $569m (?397m).

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U.K. Mortgage Lending Rises Most Since Before Lehman Collapsed - Bloomberg


Bloomberg

U.K. Mortgage Lending Rises Most Since Before Lehman Collapsed
Bloomberg
A weak spot in the report was in business lending, with the amount extended to non-financial companies dropping 878 million pounds. The amount for large companies declined 934 million pounds while the reading for small- and medium-sized companies ...
Britain's stocks are falling off a cliffBusiness Insider Australia

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Microsoft has explained why its announcement of the end of unlimited OneDrive ... - Business Insider


Business Insider

Microsoft has explained why its announcement of the end of unlimited OneDrive ...
Business Insider
Microsoft rushed the announcement of the end of unlimited OneDrive storage because "a major publication was going to print something that was very damaging and was not true," according to Chris Capossela, the company's chief marketing officer.

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US rate rise: Why it matters

Why it matters

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