For January 15th
0:15 a.m. Scottish retail has suffered the largest fall since 1999, down by 1.5% in January.
2:27 a.m. The US president has requested that China “follow the same rules” in trade, after being accused of keeping its currency artificially low in a bid to help exporters.
10:32 a.m. Heineken, brewing firm, has announced profits of nearly €1.6billion, despite presence in Euro problem zones.
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| It's not all smiles for Silvio "Bunga Bunga" Berlusconi as the former prime minister could be set for 5 years imprisonment |
11:02 a.m. Italy and the Netherlands have announced they have spent two quarters in contraction and are therefore in recession.
0:30 p.m. Landline calls to mobiles will have their fees according the UK’s Competition Commission.
1:38 p.m. Prosecutors have demanded that, former Italian Prime minister, Silvio Berlusconi should serve a five-year jail term.
2:34 p.m. Kellogg, best known for its cereals, is to buy Pringles in a $2.7billion deal, following a failed takeover by Diamond Foods.
4:14 p.m. The US’s manufacturing grew for a second month, helped by a 0.7% jump in growth for the auto production business, the previous month.
5:46 p.m. UK unemployment has risen by 48,000 in the three months leading up to December, which is an 8.4% increase.
6:13 p.m. The Bank of England stated that Britain’s economy will “zigzag” in the coming year, going in and out of growth and contractions.
6:26 p.m. President of the World Bank, Robert Zoellick, is set to step down on the 30 June, at the end of his 5 year term.
6:48 p.m. Cisco will challenge the £4.5billion takeover of Skype by Microsoft in the EU’s top court.
