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Sony Board Will Review Loeb Spinoff Proposal: CEO

Chisel Split Ice

It's important that the Sony board examine activist investor Dan Loeb's proposal to spin off part of the entertainment business and it's premature to speculate on what will happen, CEO Kazuo Hirai told CNBC's "Closing Bell" on Thursday.

UK Growth Will Beat Expectations: Industry Body

Green Shoots

The U.K. could post better-than-expected growth numbers over the next three years, with a strong service sector propelling household consumption and business investment, according to business lobby group, the British Chambers of Commerce (BCC).

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Jeremy Corbyn At Stand

Why Labour can't really lose with Corbyn

The election of Jeremy Corbyn as Labour leader earlier this month unleashed the predictable cries of doom from the centre / right wing of the party, and sneers of over-confidence from the Tories ('20 more years!'). Hell, even the Lib-Dems (remember them ?), see an opportunity to exploit the situation.