Business News

The International Monetary Fund has cut its forecast for global economic growth this year from 3.7 to 3.4 percent but raised its outlook for some economies

The prices of zinc, nickel and aluminium were among the front runners as base metals showed gains averaging 1.2 percent

The Chinese telecoms equipment maker Huawei has reported a 19 percent rise in sales to $21.9 for the first half of 2014

The £1.4 billion contract to operate the cross-London Crossrail franchise has gone to Hong Kong-based MTR Corporation

The world's second largest economy showed improved growth in Q2 prompting speculation about a recovery

Today is the official start of the sixth round of negotiations over the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the USA: the talks are expected to continue through the week

A forthcoming EU deliberation on trawling has stimulated intensive lobbying within member states

Volkswagen is planning two new vehicle plants in Qingdao and Tianjin as part of its strategy to overtake Toyota by the end of the decade

Rolls-Royce reports record sales growth in first half year figures.

A new report from PwC says the recovery will be led largely by emerging Asian economies as spending shifts from west to east

On July 3 Taiwanese smartphone manufacturer HTC on Thursday reported an 80 percent rise in second-quarter net profit over last year

Google has started to remove search results under Europe's new rules that allow individuals the 'right to be forgotten'

Union leaders have signed a pay deal with Lonmin, Impala Platinum and Anglo American Platinum

Alexander Comley has signed a partnership agreement with Hydra Offshore, an indigenous oilfield services company, in developing products for Ghana’s oil sector

The board of French rail and energy group Alstom has unanimously voted to accept General Electric's $ 17 billion offer for its energy business

The World Gold Council, the market development organisation for the gold industry, has today announced it is convening a gold industry discussion forum to explore reform of the London Gold Fix

The creation of an Infrastructure Codesa, similar to the Convention for a Democratic South Africa (Codesa), will keep the infrastructure development momentum going for next 20 years

Britain’s manufacturers have substantially increased their growth forecast for 2014 on the back of continued buoyant conditions, up to 3.6 percent from 2.7 percent according to the latest quarterly survey published by the manufacturers’ organisation EEF and business advisers and accountancy firm BDO

Closing the ‘mentoring gap’ could bring multi-million pound boost to the UK economy, new research reveals

May was the third consecutive month of improvement for China's manufacturing sector, a sign that though the growth rate of the world's second-largest economy is slowing, it is neither down nor out

A deal has been agreed with the US Federal Aviation Authority (FAA) which will allow Virgin Galactic to charter space flights from its US base

Tesco has completed a much sought after deal that will create the largest food retailer in China

Rio Tinto, Chinalco and the International Finance Corporation have signed a deal to develop Guinea's iron ore deposits

Ex-army chief Abdel Fattah el-Sisi is expected to win the election easily and his first task will be to rebuild infrastructure and business confidence