Thursday, 2nd October 2014

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News & Reports

Angry Birds creator to lay off 130 employees

Thu 2nd Oct 14, 11:59:39

Angry Birds mobile game creator Rovio Entertainment will lay off 16% of its staff in Finland, the company announced on Thursday.

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Market overview: ECB keeps main policy rate unchanged

1320: Reports cite Morrison's as having announced that it will be price-matching against competitors, which could weigh on the wider sector. 21 minutes ago

Barclays forecasts 12-month euro/dollar decline

Barclays has forecast that the euro/dollar will trend even lower over the next year with "real interest rate differentials". 4 hours ago

Bank of England calls for new powers to curb mortgage lending

The Bank of England (BoE) on Thursday called for new powers to curb mortgage lending amid concerns over the housing market. 3 hours ago

Europe midday: Stocks fall ahead of ECB policy announcement

Stocks in the euro-area slid as investors waited on the European Central Bank's (ECB) policy decision on Thursday. 2 hours ago

Wonga writes off 220m of debts

Payday lender Wonga has agreed to write of 220m-worth of debts for 330,000 customers, after implementing new affordability checks following a review of its lending practices. 3 hours ago

London midday: Stocks in the red as ECB rate decision edges closer

UK stocks were starting to come off their earlier losses around midday, having fallen sharply early on ahead of the European Central Bank (ECB) rate decision. 2 hours ago

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