Online Business News Today: January 2014

Friday, 31 January 2014

Fines loom on tax return deadline

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Thousands of people face fines if they fail to meet a tax return deadline at the end of Friday, including many higher earners receiving child benefit....Fines loom on tax return deadline

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Friday, 24 January 2014

Balls vows budget surplus by 2020

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Shadow Chancellor Ed Balls pledges to balance the UK's books and deliver a current budget surplus by 2020 if Labour wins the next election....Balls vows budget surplus by 2020

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Royal Mail reports rise in revenue

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Royal Mail says it is "confident" about hitting financial targets after the group reports a 2% rise in revenues in the nine months to 29 December....Royal Mail reports rise in revenue

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Thursday, 23 January 2014

Banks 'ready to lend to small firms'

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Banks are more willing to lend than small businesses think, says the British Bankers' Association (BBA), as it launches a year-long marketing campaign....Banks 'ready to lend to small firms'

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Wednesday, 22 January 2014

China and UK trade at 'record high'

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Bilateral trade between China and the UK hit a "record high" in 2013, according to the Chinese ambassador to the UK, Liu Xiaoming....China and UK trade at 'record high'

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Monday, 20 January 2014

Lenovo shares up on IBM deal reports

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Shares in China's Lenovo - the world's biggest PC maker - rise after reports say it is in talks to buy IBM's low-end server business....Lenovo shares up on IBM deal reports

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Sunday, 19 January 2014

China economic growth at 14-year low

China's economy, the world's second-largest, grows at its slowest pace in 14 years in 2013, latest figures show....China economic growth at 14-year low

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Saturday, 18 January 2014

'Diamonds' scam targets older people

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New boiler room scam targets elderly...'Diamonds' scam targets older people

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Friday, 17 January 2014

Irish debt no longer rated junk

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The credit rating agency Moody's upgrades Ireland's debt from junk status saying its economy has growth potential....Irish debt no longer rated junk

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Thursday, 16 January 2014

Miliband urges bank branch sell-off

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Labour leader Ed Miliband says the "big five" banks must give up "significant" numbers of branches to make the industry more competitive....Miliband urges bank branch sell-off

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Wednesday, 15 January 2014

JC Penney and Sears to cut jobs

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US retailer JC Penney says it plans to cut 2,000 jobs and close 33 stores, while Sears is to make about 1,600 redundancies....JC Penney and Sears to cut jobs

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Tuesday, 14 January 2014

GM to pay first dividend since 2008

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US carmaker General Motors says it will resume dividend payments, capping a successful recovery since it was bailed out by the government in 2009....GM to pay first dividend since 2008

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Monday, 13 January 2014

Toyota unveils concept sports car

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Japanese carmaker Toyota has unveiled a new concept sports car, Future Toyota-1 (FT-1), at the Detroit motor show....Toyota unveils concept sports car

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Sunday, 12 January 2014

Indonesian mineral ban takes effect

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Indonesia pushes through a hotly-contested ban on raw minerals exports after making last minute concessions for the country's two biggest miners....Indonesian mineral ban takes effect

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Saturday, 11 January 2014

Jaguar posts record sales figures

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Car maker Jaguar Land Rover posts record sales for 2013 with nearly half a million cars sold worldwide....Jaguar posts record sales figures

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Friday, 10 January 2014

Tories 'suppressing cities report'

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The president of the Lib Dems has accused the Conservatives of suppressing a report which recommends building two new garden cities to combat the housing shortage....Tories 'suppressing cities report'

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Thursday, 9 January 2014

China reports mixed trade figures

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China reports better than expected growth in imports for December, helping cushion concerns of a weaker than forecast rise in exports....China reports mixed trade figures

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Wednesday, 8 January 2014

Senegal's battle to end illegal fishing

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How Senegal is battling to end costly illegal fishing off its coast...Senegal's battle to end illegal fishing

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Tuesday, 7 January 2014

China opens telecom services sector

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China, the world's biggest telecom and internet market, will open up some telecom services to foreign ownership....China opens telecom services sector

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Monday, 6 January 2014

Samsung forecasts 18% fall in profit

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Samsung Electronics, the world's biggest maker of mobile phones and TVs, forecasts a fall in profit for the October-to-December quarter....Samsung forecasts 18% fall in profit

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Sunday, 5 January 2014

The bank boss who likes to be different

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No bonuses, no advertising - the bank doing things differently...The bank boss who likes to be different

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Saturday, 4 January 2014

'Crazy' car prices shock Cubans

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Cubans react with shock at what some term "crazy" prices as foreign-made cars go on sale for the first time since the 1959 revolution....'Crazy' car prices shock Cubans

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Friday, 3 January 2014

VIDEO: House prices 'rose by 8.4% in 2013'

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UK house prices rose by 8.4% in 2013 as the economy started to gain momentum, according to the Nationwide Building Society....VIDEO: House prices 'rose by 8.4% in 2013'

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Thursday, 2 January 2014

VIDEO: Online festive boost for retailers

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House of Fraser has reported its best ever Christmas period after a last-minute rush to stores and a record increase in online shopping....VIDEO: Online festive boost for retailers

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Wednesday, 1 January 2014

Fiat agrees to buy rest of Chrysler

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The Italian motors giant Fiat agrees to buy the remaining 41% of Chrysler it does not own in a move that will create the world's seventh largest car company....Fiat agrees to buy rest of Chrysler

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