UNITED KINGDOM

IBTimes Logo

Euro zone pulls ahead, China shifts stance

German strength propelled the recovery of the euro zone's dominant services economy in November, surveys showed on Friday, after China declared a new prudent monetary stance to help regulate its fervent growth.

Disparities abound in global economic data

IBTimes Logo
Disparities in the global economy were evident on Friday with weak jobs data underscoring the long road to recovery in the United States while China and Brazil took steps to contain rapid growth.
More news
FIFA President Sepp Blatter is running against Mohamed Bin Hammam on 1 June

Russia and Qatar to host football World Cups

Russia and Qatar won the rights to host the FIFA World Cup finals for 2018 and 2022 respectively after FIFA's 22-member panel voted through a secret ballot at Zurich, Switzerland on Thursday.
FIFA president Sepp Blatter (L) hands over a copy of the World Cup to Russia's Deputy Prime Minister Igor Shuvalov after the announcement that Russia is going to be host nation for the FIFA World Cup 2018, in Zurich December 2, 2010.

New lands for World Cup as Russia, Qatar to host in 2018, 2022

The FIFA World Cup, the biggest tournament in soccer, will be headed to new regions as Russia won the 2018 bid on Thursday over rivals which included England and tiny emirate Qatar beat a group including the United States for the 2022 tournament.
Birmingham City fans confront the police on the pitch after winning their English League Cup soccer match against Aston Villa in Birmingham.

Ugly scenes mar Birmingham win, Ipswich through

Nikola Zigic sent Birmingham City to the semi-finals of the Carling Cup with a winner six minutes from time against arch-rivals Aston Villa provoking ugly scenes at the St Andrew's stadium, while Ipswich beat West Brom to grab the last semi-final spot.
Woman with an umbrella walk past the logo of TUI AG outside the company's headquarters

TUI Travel posts full-year loss on weak UK trading

Europe's biggest tour operator TUI Travel reported a full-year pretax loss, blaming weaker trading in the UK, mainly due to increased winter losses resulting from capacity-led volume reductions. However, underlying pretax profit rose 4 percent on good turnaround progress.
Traders work on the floor of the New York Stock Exchange

US stocks rally on strong economic data

U.S. stocks rallied in early trade on Wednesday as strong data on private payrolls, and better-than-expected manufacturing reports from China and Europe buoyed sentiment.
US traders.

US futures extend gains after ADP report

Futures on major U.S. indices extended earlier gains on Wednesday after ADP reported that private-sector employment recorded the largest gain in three years in November.

26/11 militants might have wanted Pak army to stay on Indian border: Wikileaks

Militants who orchestrated the 26/11 attacks on India might have been trying to prevent the Pakistan Government from moving its army away from the Indian border, U.S. diplomatic cables suggest. Officials in London feared that the Indians would retaliate with an increase in covert activities in Balochistan or even by bombarding militant camps in Occupied Kashmir.
IBTimes Logo

UK, eurozone see rebound in manufacturing activity

Manufacturing in the eurozone expanded in November at its fastest pace in four months, boosted by strong activity in France and Germany, while manufacturing production in the U.K. touched a 16-year high, according to a survey.
A man looks at a travel brochure of travel company Thomas Cook in London

Thomas Cook full-year results hit by softer summer trading

Travel company Thomas Cook posted lower annual profits as revenue fell due to a softer summer trading environment. In the UK, the tour operator said trading was even tougher than anticipated, and it expects to save between 40 million pounds and 50 million pounds mainly through reduction of over 500 managerial and support jobs.
IBTimes Logo

Sage annual pretax profits rise 20 pct

British software maker Sage Group said it saw a return to organic revenue growth in the second half and improving market for its services. The company, which added 252,000 customers in the year, said support contract renewals were maintained at 81 percent.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.