Why we’re still stuck in the ‘new normal': Pimco
The markets have also shifted their Fed tapering obsession to a new fixation, Pimco’s Tony Crescenzi tells CNBC.
Got $93,000 to spare? Robots get cheaper
Lifelike “humanoid” robots are around 75 percent cheaper than they were five years ago, making the price of such machines similar to that of a luxury sports car.
Ford names Fields CEO: Can he beat the odds?
It’s a rare example of a major carmaker making a smooth transition from one CEO to another.
Exxon profit dips; upstream, cost cuts help
Exxon Mobil reported first-quarter earnings on Thursday that beat Wall Street’s expectations.
Rents pledge focus for Labour launch
Labour would limit annual rent increases in the private sector to give a “fairer deal” to tenants, leader Ed Miliband says.
Viacom to buy Channel 5 for £450m
US media group Viacom has agreed to buy the UK’s Channel 5 for £450m, it has been announced.
Pound rises on UK factory surge
The pound hits its highest level against the dollar for nearly five years after a survey suggests that UK manufacturing grew much faster than expected in April.
AUDIO: Lloyds’ progress ‘built on cost-cutting’
Banking expert Peter Hahn discusses Lloyds Banking Group’s report of a 22% rise in underlying first quarter pre-tax profit.
AUDIO: Pfizer ‘trying to charm politicians’
Sue Noffke, UK Equities Fund Manager at Schroders, discusses the possible takeover of UK pharmaceutical firm AstraZeneca by US drugs giant Pfizer.
Indian mango ban comes into force
A ban on mangoes, aubergines and types of squashes coming into the UK from India is imposed as part of Europe-wide action.