U.K.

The year 2016 has been kind to the markets despite much economic turbulence experienced globally during the year. The domestic economic growth came in at an anemic 0.8 percent in the first quarter, casting doubts on the sustainability of the economic recovery in the works. In the meantime, the...

Following the Brexit vote, financials have been under excessive pressure as the future for Britain's trade relations and the European Union's future remains uncertain. As a result, many financials have been downgraded within the last few days. Citi's Take Despite the new trend in financials, Citi's...

Greif, Inc. (NYSE: GEF) faces a downside risk to targets if the U.S. dollar continues to strengthen. The dollar gained 0.59 percent against the euro to 1.1087. However, the pound gained for the first time since the U.K.'s vote to leave the European Union and rose 0.92 percent against the dollar to...

Canaccord analysts said the surprise vote by the U.K. to leave the European Union in the long term should have minimal impact on the global aerospace and defense sector. The brokerage noted that stocks with more defense and commercial AM exposure will benefit, while the sentiment on the commercial...

JPMorgan has upgraded HSBC Holdings plc (ADR) (NYSE: HSBC) to Neutral from Underweight due to its "defensive" nature post Brexit. The brokerage also downgraded many U.K. and European banks. Analyst Kian Abouhossein said following the U.K.'s decision to leave the EU, "We see spillover effect to the...

Asked about its acquisition of speech recognition technology company, Novauris Technologies, Apple (NASDAQ: AAPL) told TechCrunch, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” According to TechCrunch the technology held by...

San Francisco-based global cloud computing company, Salesforce.com (NYSE: CRM), best known for its customer relationship management (CRM) software, said it planned to open three data centers in Europe between now and 2015. The company said its first European data center would open in the U.K....

Android giant, Samsung (OTC: SSNLF) may have stolen thunder with the launch of its long-awaited Galaxy S5 Monday at the Mobile World Congress in Barcelona, but as keen observers noted, Mozilla had a little thunder-stealing of its own up its sleeve. With all the attention on Samsung, not...

Google (NASDAQ: GOOG) is obsessed with speed. So said Google chief financial officer, Patrick Pichette, during the Goldman Sachs Technology and Internet Conference as reported by USA Today. Part of that “speed obsession” is currently being manifested in somewhat feverish attempts to develop and...

Shares of U.K. bank,Barclays PLC (NYSE: BCS), fell nearly seven percent Tuesday on word the bank posted a £329 million ($539 million) loss in the fourth quarter and was poised to cut up to 12,000 jobs this year while at the same time increasing bonuses for top staff 10 percent. Barclays said it...

If you work in sales and marketing for Dell (NASDAQ: DELL) in Europe, the Middle East or Africa, look at the employee to your left and to your right. One of you is about to be laid off. At least that’s what sources told the U.K.’s The Register. According to the sources, Dell planned to cut 30...

If you are wondering why more retailers are opening on Thanksgiving Day this year, the calendar might have a lot to do with it. Thanksgiving is on November 28, the latest it has been since 2002. That means six fewer days between Thanksgiving and Christmas and that translates to about $1.5...