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EiNDUSTRY

PwC promoted tax avoidance, say MPs

Posted on February 6, 2015

Accountancy firm PricewaterhouseCoopers (PwC) is accused of promoting tax avoidance "on an industrial scale", in a report by a committee of MPs.
» BBC

Sony boss quits after email hack

Posted on February 6, 2015

Sony Pictures' Amy Pascal steps down as co-chair of Sony's movie studio following a debilitating cyber attack last year revealed her private emails.
» BBC

End 'gross indignity', says Greece

Posted on February 6, 2015

Greece's new finance minister urges Germany to help end the "gross indignity" of the Greek debt crisis after talks with his German counterpart.
» BBC

RadioShack files for bankruptcy

Posted on February 6, 2015

US electronics retailer RadioShack files for Chapter 11 bankruptcy protection, after losing 90% of its market value as customers turn to online shopping.
» BBC

China stocks rally after rate cut

Posted on February 5, 2015

China markets are rallying after the mainland's central bank unexpectedly cut key lending rates to stimulate growth.
» BBC

Yum swings to a loss on China sales

Posted on February 5, 2015

Yum Brands, the owner of KFC and Taco Bell, swings to a loss after sales in China fail to recover from food safety scandals.
» BBC

Global debts rise $57tn since crash

Posted on February 5, 2015

A new study, by the consultancy McKinsey, shows that global indebtedness has risen by $57tn since the recession of 2007-08.
» BBC

Fox profits beat expectations

Posted on February 5, 2015

Rupert Murdoch's 21st Century Fox reports better than expected profits, buoyed by the success of films like thriller Gone Girl and The Maze Runner.
» BBC

IFS says 'worst of cuts to come'

Posted on February 5, 2015

The Institute of Fiscal Studies' Green Budget says the worst of UK spending cuts are still to come with a "long way to go" before recovery.
» BBC

US stocks end mixed on Greek news

Posted on February 5, 2015

US markets end Wednesday mixed, as investors fret over news that the European Central Bank withdrew a waiver allowing banks to use Greek debt as collateral.
» BBC