The latest business news around the world. Written by Market Business News's very own editorial team to deliver reliable, up to date, and honest news.

British retail sales are on the rise

British retail sales has been growing at very strong rate. The finding comes from results of the quarterly Distributive Trades Survey,  conducted by the Confederation of British Industry (CBI), which  included 125 different firms. This…

U.S. about to reach debt limit

Treasury secretary, Jack Lew, has just stated that the U.S. is on the brink of reaching its debt limit. The news puts extreme pressure on Congress to act quickly and raise the current limit of $16.7 trillion. According to the Jack Lew’s…