Business

Manufacturing recovery 'hit by confidence dip over Brexit'

However, Joe Staton, head of market dynamics at GfK, said the index had fallen from "a relatively elevated level by historic standards". Euro area economic confidence unexpectedly improved in July in a sign that the immediate impact on growth of Britain's surprise vote to leave the European Union may be muted.

Business

Govt Reaches Out To Opposition For GST Bill Passage

Now the discussions revolve around the GST cap and whether it comes under purview of the GST Council. The parliament business advisory committee has yet to decide on the allocation time for GST . But, with the states and the non-Congress opposition in tow, the centre now hopes to overcome Rajya Sabha hurdle. "There was no consensus on what the rate should be", Kerala finance minister Thomas Isaac said.

Business

Boris Johnson gets backing from USA, seeks solution for Syria

Appearing at a London news conference with US Secretary of State John Kerry, Johnson was asked if he was going to apologise for his disobliging remarks about world leaders. Asked about his outside earnings when he was London Mayor, Johnson argued that his Telegraph pay was "chicken feed" and said: "I don't see why, on a Sunday morning I shouldn't knock off an article".

Business

OneBlood starts Zika testing for all supplies

The U.S. FDA has temporarily suspended blood donations in two Florida counties due to fears over Zika virus. The organization also said it had received approval to use the investigational tool and planned to start testing donated blood for Zika virus starting Monday.

Business

Avnet Outbids Daetwyler for Raspberry Pi Maker Premier Farnell

USA tech firm Avnet has made a takeover offer of 185 pence per share in an all-cash offer for Premier Farnell , valuing the company at £868m. Phoenix-based electronics distributor Avnet has agreed to buy Premier Farnell , topping a prior bid from Switzerland's Daetwyler.

Business

'Doctor Strange' trailer debuts amid Benedict Cumberbatch fan frenzy

Actor Benedict Cumberbatch from Marvel Studios 'Doctor Strange” (L) and actress Brie Larson announced as Captain Marvel/Carol Danvers attend the San Diego Comic-Con International 2016. Meanwhile a trailer revealed for the first time that Sylvester Stallone also has a role in the " Guardians " sequel. There was also a surprise glimpse of "Spider-Man: Homecoming", with very early footage from the film due for release in on July 7 next year showing Peter Parker, played by Tom Holland.