ecb-ends-e2.5tn-eurozone-qe-stimulus-programme

ECB ends €2.5tn eurozone QE stimulus programme

Image copyright Getty Images Image caption European Central Bank chief Mario Draghi The European Central Bank has confirmed it is ending its huge net asset purchase programme to stimulate the eurozone economy this month. The ECB has stopped its bond-buying scheme, worth €30bn a month, despite a recent slowdown in the bloc's recovery.The move, first…
mike-ashley-debenhams-snubbed-my-40m-lifeline

Mike Ashley: Debenhams snubbed my £40m lifeline

Image copyright PA Sports Direct's owner Mike Ashley has written a bluntly worded letter to the boss of Debenhams discussing his offer of a £40m investment in the struggling department store chain.The letter, addressed to Sergio Bucher, suggests without the money the company "has zero chance of survival".Mr Ashley writes he is frustrated Debenhams doesn't…
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House of Fraser revival 'challenging'

Image copyright Getty Images Sports Direct boss Mike Ashley has said his firm faces "significant challenges" in turning around the House of Fraser store chain, which it bought in August.Mr Ashley said he believed that its previous management team "traded the business whilst it was insolvent for a long time".However, he repeated his intention to…
could-light-bring-us-superfast-mobile-broadband-indoors

Could light bring us superfast mobile broadband indoors?

While 5G mobile broadband could give us superfast connectivity outdoors, the signal may not be able to reach indoors, particularly at higher frequencies.So could broadband over lightwaves help supplement the mobile signal inside buildings? Telecoms firm O2 thinks it might.Reporter: Chris Baraniuk. Video editor: Suzanne Vanhooymissen.Click here for more stories, videos and features about 5G…
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'If the factory closes what could I afford to eat?'

Image copyright Nicolas Axelrod Image caption Cambodia's clothing shipments to the EU accounted for 45% of all the country's exports last year Sao Run is worried that if the clothing factory where she works closes down she won't be able to feed herself and her son.A 34-year-old widow, she has spent almost 13 years making…
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Sainsbury's shares hit by Asda deal fears

Image copyright Getty Images Shares in Sainsbury's closed more than 5% lower after the retailer said it was seeking to delay an investigation into its proposed merger with Asda. The Competition and Markets Authority (CMA) has denied its request for an 11-day extension but Sainsbury's said it would appeal against the decision. The move raised…