BBC Business Headlines

Cost of recalls hits GM profits
General Motors sees first quarter profits hit by a $1.3bn charge to cover the cost of a huge recall of cars over defective ignition switches


Standard Life votes against Barclays
Standard Life Investments, a key institutional shareholder, votes against Barclays' plan to award higher bonuses to bankers despite a 30% fall in profits.


Alstom shares jump on GE bid report
Shares in French engineering company Alstom jump after a report that US multinational General Electric is in talks to buy Alstom for $13bn.


Apple profits beat expectations
Technology giant Apple plans a share buyback after it reports profits of $10.2bn, selling a more than 43 million iPhones in the second quarter of 2014.


Facebook earnings surge on mobile ads
Social networking giant Facebook reports better than expected profits, as a surge in mobile advertising helps boost its revenues.



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Paul Krugman

Sweden Turns Japanese
The sadomonetarists, with their gut dislike of low interest rates, have claimed another victim. read more...





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