Description
Added on the 14/01/2016 21:04:38 - Copyright : Reuters EN
Wall Street stocks ended little changed on Thursday as investors kept to the sidelines ahead of Friday's U.S. payrolls report for July. Bobbi Rebell reports.
Third quarter earnings and revenues are expected to drop, according to Thomson Reuters. Bobbi Rebell reports.
As new figures show the UK is in recession, with two successive quarters of falling GDP in Q3 and Q4 2023, the UK's Chancellor of the Exchequer Jeremy Hunt says that the economy is "more resilient than most people predicted" and insists that the government will "stick to our guns" on its plans to bring down inflation. News of the recession comes as voters go to the polls in two by-elections on Thursday, with the Conservatives fearful of losing one-time strongholds in Wellingborough, central England, and Kingswood in the southwest. SOUNDBITE
Climate activists stage a demonstration warning of "polluted" profits outside Unilever's HQ in London on eve of the company's annual earnings announcement. IMAGES
Greenpeace activists dressed as Shell board members hold a mock profits party behind a burning sign reading "Your Future" outside the company's headquarters as it released its annual results. Shell announced a post-tax profit of $19.4 billion for 2023, a slump from $42.3 billion in 2022 when prices soared to a record on the Ukraine conflict. IMAGES
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.