Business Bullet: Banks, Eurozone, UK cars, BA
The latest news on: Banks, Eurozone, UK cars, BA telegraph.co.uk |
Web sales growth set to slow after 2014
Online retail sales in the UK will grow by more than 56pc to £35bn by 2014 but the growth will slow dramatically after that as the channel matures and competition increases. telegraph.co.uk |
Interest rates to stay at record low, divided Bank of England signals
Britain's savers face years of low returns after the Bank of England indicated rates will not move from record lows for some time. telegraph.co.uk |
LVMH buys 14pc stake in Hermes
Luxury goods giant LVMH has bought a 14.2pc stake in Hermes, but denied it will launch a takeover approach for the company. telegraph.co.uk |
Financial Stocks: Financials turn negative as B. of A. weighs
The financial sector turns negative as Bank of America’s foreclosure errors weigh on sentiment. Citi shares jump after Goldman Sachs adds the stock to its conviction list and keeps a buy rating. feeds.marketwatch.com |