
Refining fuels Exxon’s earnings beat
ExxonMobil on Friday reported a 3 percent increase in quarterly profit on higher results in its refining and chemicals businesses.

Apple Watch has the Swiss reassessing their future
Forty years after cheap Japanese watches nearly ruined the Swiss industry, Apple’s new smartwatch is posing a similar threat.

Eurozone inflation edges up to 0.4%
Inflation in the eurozone rose slightly in October, giving some hope that the spectre of deflation can be staved off.

Former Android boss leaves Google
Andy Rubin steps down from Google, while his former colleague Daniel Graf is demoted at Twitter

WPP CEO: We won most of our new business from rivals
The CEO of WPP said most of his firm’s new business in the third quarter was from clients that had left rival groups.

Russia raises interest rates to 9.5%
Russia’s central bank raises interest rates to 9.5% from 8%, a much bigger rise than expected, as it seeks to combat inflation.

Sony reports loss of $1.2bn
Japanese consumer electronics giant Sony reports a net loss for the three months to September of 136bn yen ($1.2bn; £762m).

BA owner raises profit forecast
The parent company of British Airways, IAG, raises its profit forecast after it reports a 30% increase in third-quarter profits.

BOJ boosts monetary stimulus measure
Japan’s central bank, the Bank of Japan, surprises markets by announcing an expansion of its monetary stimulus policy.