Citigroup selling its Japanese retail banking operations to SMBC
Sumitomo Mitsui Banking Corp (SMBC) will be acquiring Citigroup Inc’s Japanese retail banking operations for an undisclosed amount. Retail banking refers to the provision...
Queen’s Christmas Day message – Poppy tribute and Ebola efforts
The Queen’s Christmas Day message, which will be broadcast across the Commonwealth at 1500 GMT today, will highlight the poppy installation at the Tower...
Nut rage airline Chairman’s daughter may end up in jail
Cho Hyun-ah was vice-president and head of in-flight services for Korean Air Lines when she suddenly went berserk on a plane because the flight...
TSX up slightly on Christmas Eve
The Toronto Stock Exchange (TSX) saw marginal gains one day before Christmas as materials and financial stocks improved, more than making up for the...
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...
Yodel says sorry for delivery delays
British parcel delivery company Yodel has apologized again for its delivery delays, following a giant spike in orders on Black Friday and Cyber Monday....
UK productivity improved 0.6% in third quarter
Labour productivity in the UK as measured by output per hour improved by 0.6% in Q3 2014 compared to Q2 2014, and was 0.3%...
RBS withholding bonuses for 18 staff during probe
Royal Bank of Scotland (RBS) says it is withholding bonuses for 18 employees while its probe into their possible involvement in fixing foreign exchange...
Smith & Nephew share price jump on Stryker takeover rumors
Rumors that Stryker Corporation plans to make a £13 billion ($20.21 billion) offer to acquire Smith & Nephew plc. sent the British multinational medical...
BAE Systems wins US Army Armored Multi-Purpose Vehicle contract
BAE Systems has clinched a $1.2 billion contract to Engineer, Manufacture and Develop (EMD) the Armored Multi-Purpose Vehicle (AMPV). The AMPVs will replace the...