Groupon, the global daily deals site, has reported better than expected first quarter results, as revenues rose by 7.5%.
Strong German factory data pushed US and European share markets higher, resulting in the Dow Jones index closing above 15,000 for the first time.
Despite rising sales over the last year supermarket chain Sainsbury's have reported a fall in pre-tax profits.
Sterling remained steady over the bank holiday weekend after a better than expected services sector PMI, the highest since the Olympic Games. This represented the fourth monthly rise and shows that whilst slow, the UK is showing some green roots of recovery.
Profits at HSBC almost doubled for the opening three months of 2013.
The Reserve Bank of Australia (RBA) cuts its key rate to 2.75% from 3%, marking a new record low.
2013 will be the year that social impact investing gains critical mass, according to KPMG’s public sector practice, which has produced a guide to Social Impact Bonds. This outlines the tools for assessing their feasibility, from both the investor and commissioner perspective.
The Reserve Bank of India have cut interest rates in an effort to boost growth in its increasingly sluggish economy.
Against the backdrop of unrelenting public scrutiny into the bonus culture, banks are continuing to exercise restraint around bonuses with experienced city workers reporting a fall in their payouts compared to last year, according to new research from Hays, the leading recruiting expert.
The Royal Bank of Scotland (RBS) have returned to profit in the opening three months of 2013, posting profit margins of £826 million.