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HTC profits slide 79% as competition stiffens

HTC profits slide 79% as competition stiffens Taiwanese smartphone maker HTC has reported a 79% drop in profits for the

US retail sales jumped unexpectedly in July and by the biggest amount in five months, the Commerce Department said. Lower

Aberdeen is known as The Granite City – after the grey stone found in almost all the buildings and walls

Indian PM Manmohan Singh has said urgent steps must be taken to boost the country’s ailing economy. In a speech

Brazil’s government is set to launch the first in a series of measures that could inject up to $50bn (£32bn)

Unusually wet weather in Europe dampened demand for beer. Danish brewer Carlsberg has reported a rise in second-quarter profits, but

Shares in Japan’s electronics group Sharp have slumped to their lowest level in nearly 37 years amid fears losses will

The Scottish Building Society, one of the country’s oldest mutuals, has announced plans to merge with the smallest, Edinburgh’s Century.

Free banking is “a dangerous myth”, according to Andrew Bailey, who is due to become the chief regulator of the

The company said the cuts – about 8% of its workforce – will reduce costs by up to $3.5bn (£2.2bn)