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Twitter Reveals Rip-Roaring Growth, Big Losses Ahead Of IPO

Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth despite having posted big losses over the past three years. The eight-year-old online messaging service gave potential...

U.S. Tensions Keep Dollar Near Eight-Month Low, Stocks Sag

The government shutdown and looming debt deadline in the United States kept the dollar pinned at an eight-month low on Friday and drove world shares towards a second week of losses. With no clear progress in Washington, financial markets were...

UK Banks Slow To Compensate Firms For Swaps Mis-Selling

British banks have paid out only a fraction of the 3 billion pounds ($4.85 billion) they set aside to compensate small firms mis-sold complex hedging products, drawing criticism from businesses and the financial watchdog. The country's biggest banks have run...

Samsung Takes Aim At Second Straight Year Of Record Profit As Memory Chips Rebound

Samsung Electronics Co Ltd is on track to post its second consecutive year of record earnings as a rebound in its semiconductor business shields the South Korean tech giant from a slower smartphone market. The world's biggest memory chipmaker is...

Banks To Repay 7.7 Billion Euros Of ECB Crisis Loans

Banks will return 7.675 billion euros ($10.46 billion) of crisis loans early to the European Central Bank next week, the ECB said on Friday, driving the amount of excess liquidity down and closer to the threshold where market interest...

Moyes Still Searching For Right Balance

Manchester United boss David Moyes says he is still searching for the right balance after Shakhtar Donetsk coach Mircea Lucescu suggested rotation was to blame for the Red Devils' poor form. United face Shakhtar in the Champions League on Wednesday...

We’re Lucky To Have Ozil: Says Wenger

Arsenal manager Arsene Wenger claimed Mesut Ozil "delivered everything you want to see from a great player" in the Champions League win against Napoli. Ozil scored his first goal since his £42m move from Real Madrid and created Olivier Giroud's...

Fernando Torres Of Chelsea To Have Scan On Knee Injury

Chelsea's Fernando Torres is to have a scan on the knee he injured in the win at Steaua Bucharest on Tuesday. Blues boss Jose Mourinho said Torres would not be fit to join the Spain squad after the weekend but...

Guardiola Wary Of Dark Horses City

Bayern Munich coach Pep Guardiola believes that Champions League opponents Manchester City can be the surprise package of the competition in the manner that Borussia Dortmund were last season. Dortmund exceeded expectations by casting off a long spell of disappointments...

Ukraine Squad For 2014 Qualifiers

Ukraine coach Mikhail Fomenko announced on Wednesday his 25-man squad for upcoming 2014 World Cup Group H qualifiers against Poland at Kharkiv on October 11 and San Marino at Serravalle on October 15: Squad Goalkeepers: Andrei Pyatov (Shakhtar Donetsk), Maxim Koval...

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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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