Foreign students can stay in UK after graduation, Osborne blocks May’s plans
Theresa May, UK’s Home Secretary, had wanted non-EU foreigners who had recently graduated from British universities to leave the country immediately and apply for visas and...
Manufacturing activity in December remained strong in UK
The CBI Industrial Trends Survey for December reported strong manufacturing activity, which is expected to continue growing during the next three months.
Manufacturing has been...
Brookfield Asset Management ups offer for rest of Brookfield Residential by 5.4%
Brookfield Asset Management Inc., which already owns nearly 70% of Brookfield Residential Properties Inc., has upped its offer for the remaining shares of the...
UK grocery market recovers ever so slightly
The British grocery market grew by 0.1% in the 12-week period ending December 7th, a report by Kantar Worldpanel informed on Tuesday, following the...
Daily Mail profit growth pleases investors
Daily Mail and General Trust plc. (DMGT) posted a 9% increase in pre-tax profit to £291 million for the year ended September, which was...
Black Friday best week ever for John Lewis with £179.1m in sales
British upmarket chain of department stores John Lewis said on Tuesday that Black Friday helped it deliver its best week of sales ever in...
Virgin Cruises gets massive investment from Bain Capital
Virgin Cruises and Bain Capital LLC have agreed on an investment deal involving hundreds of millions of dollars. The Boston, Massachusetts-based alternative investment firm...
Services sector growth to continue well into 2015, says CBI
Robust growth in the services sector will continue into next year, says the Confederation of British Industry (CBI). In its latest CBI Service Sector...
Germany grows by 0.1 percent in third quarter, avoids recession
Germany posted 0.1% GDP growth in the third quarter, meaning it just avoided falling into recession after contracting by a revised -0.1% in the...
German factory orders slightly up, but 3rd quarter GDP decline likely
German factory orders recovered slightly in September, increasing by 0.8% after a sharp -4.2% (revised) decline in August. Economists had expected factory orders to...