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July 30, 2015

Treasuries Leave Apple, Verizon in Shade as Investors Flee Risk

Treasuries are paying the smallest yield in two years compared with U.S. corporate bonds as investors seek the safest securities and shun the riskier ones.

July 28, 2015

UBS bank sees 53% jump in net profit

Swiss bank UBS has reported a 53% increase in net profits for its second quarter compared to the previous year.

July 27, 2015

Fiat Chrysler recalls 1.4 million cars after Jeep hack

Fiat Chrysler has issued a safety recall affecting 1.4m vehicles in the US, after security researchers showed that one of its cars could be hacked.

July 26, 2015

Starbucks Attempts to Create a Caffeine-Based Currency

Airlines have long given out miles to customers for credit-card purchases made at other stores. Now Starbucks Corp. is trying a similar feat with its loyalty program.

July 24, 2015

New York state to raise fast food minimum wages

New York state fast food workers' wages will eventually rise to $15 (£9.60) an hour, after a state wage board unanimously recommended the increase.

July 22, 2015

Royal Mail reports flat revenues

Royal Mail has reported flat revenues in the three months to 28 June as UK letter volumes continued to decline.

July 21, 2015

Toshiba accounting probe set to prompt board reshuffle, possible fines

A probe into an accounting scandal at Toshiba Corp is expected to find that top management were responsible for failures on a company-wide scale, setting the stage for a board overhaul, results restatements and potentially hefty fines.

July 20, 2015

Google shares soar 13%

Analysts expected to hear newly hired CFO Ruth Porat describe cost cutting measures, and she delivered.

July 17, 2015

Supermarket pricing: CMA finds 'misleading tactics'

The competition regulator says it has found evidence that supermarkets are misleading customers with confusing pricing promotions.

July 15, 2015

HSBC misses Apple Pay UK launch

HSBC has said its customers will not be able to use the new Apple Pay system as it launches on Tuesday in the UK.

July 14, 2015

Microsoft Strikes New Tone for Windows 10 Release

SEATTLE — Almost 20 years ago, Microsoft licensed the Rolling Stones song “Start Me Up” to add a dash of rock ‘n’ roll to the release of Windows 95, the product that catapulted the company to a high-water mark of influence in the tech industry.

July 13, 2015

Apple Watch Sales Have Fallen Off a Cliff

Apple hasn't released any sales figures on its Apple Watch, and now Business Insider wonders if it's because the much-hyped product is tanking.

July 11, 2015

July 09, 2015

Curtain Falls on Nokia’s Finnish Home in Boom-to-Bust Demise

Microsoft Corp.’s move to close the site where Nokia assembled its last mobile phone in Finland leaves it with a skeletal crew in the country, spelling the end of an era for what was once the world’s dominant handset manufacturer.

July 08, 2015

UK car sales hit record high in June

UK new car sales in the year to June rose at the fastest rate on record, a motor industry survey has found.

July 07, 2015

FCA's £819m in fines revenue gives Osborne room to fund worthy causes

The Financial Conduct Authority has imposed more than £800m of fines on banks and other companies in the first half of this year – giving the chancellor the opportunity to make eye-catching allocations to worthy causes in this week’s budget.

July 05, 2015

Shell Arctic oil drilling to commence within weeks

Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks. Thirty ships left Dutch Harbor in Alaska on Thursday for the Arctic to support two initial exploratory wells.

July 02, 2015

Macy's cuts ties with Donald Trump over Mexico comments

US retailer Macy's has ended its relationship with Donald Trump after the businessman and presidential candidate made controversial remarks about Mexican immigrants.

July 01, 2015

Sony shares fall 8% on fund raising plan

Shares in struggling Japanese electronics giant Sony have fallen more than 8% after it announced plans to raise billions of dollars in a sale of shares and convertible bonds.