Yusuf Henry Akanni

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UK Business Groups Warn Ed Miliband over £8 Minimum Wage 'Political Football' Pledge

UK business groups have warned Ed Miliband over his pledge to increase the National Minimum Wage to £8 by 2020.<p>The rate is currently set at £6.31 …

Shell's refining business looks for strength in chemicals

LONDON (Reuters) - Royal Dutch Shell (RDSa.L) is betting on chemicals, lubricants and retail fuel sales to help it boost the performance of its downstream division where oil refining will remain a drag on earnings in many regions for years to come.<p>A logo for Shell is seen on a garage forecourt in …

German economy so strong that Berlin won’t need to borrow in 2015

German Finance Minister Wolfgang Schaeuble has revealed that the strength of his country’s economy means Berlin will not have to sell any new government bonds next year – something which has not happened since 1969.<p>Low unemployment levels and steady growth have produced record tax revenues, while …

Scottish independence: currency union 'incompatible with sovereignty'

The governor of the Bank of England, Mark Carney, has said a currency union between an independent Scotland and the remainder of the United Kingdom would be incompatible with sovereignty, dealing a blow to Scottish nationalists before next week's referendum on independence.<p>Speaking in Liverpool to …

Deloitte creates 338 new technology jobs in Belfast

<b>The worldwide financial consultancy firm, Deloitte, is to create 338 new jobs in Belfast.</b><p>The jobs are in technology, finance and consulting with average salaries set at around £30,000.<p>Invest NI is providing about £2.5m in support.<p>The company plans to invest more than £30m over the next five years<p>It …

Breakaway Scotland could put UK defence jobs under threat

Thales chief warns the defence giant which employs 7,500 in UK would 're-examine' its British operation in event of Yes vote<p>BRITISH defence jobs could be under threat if Scotland votes to become independent, the head of one of the largest suppliers to the UK military has warned.<p>Jean-Bernard Levy, …

eBay, Fossil, And Other Stocks Tumble After Apple Announcements

eBay shares were down as much as 2.2% in afternoon trade on Tuesday after Apple announced Apple Pay, a new credit card payment system that is likely to compete with eBay's PayPal unit.<p>Fossil shares were down more than 3%, while Movado shares were off 1.5%, after Apple announced Apple Watch.<p>GT …