Business

Yodel

Yodel promises to clear parcel backlog by Monday

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UK courier company Yodel promised on Saturday to clear its parcel backlog by Monday and apologized for the delivery delays. Due to what the...

Amaya shares plummet following Quebec watchdog probe

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Amaya Inc.’s shares dropped 18% on the Toronto Stock Exchange on Friday as investors got jittery regarding a probe announced by the Autorité des...
S&P

UK triple-A rating maintained, but deficit target won’t be met, says S&P

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The UK maintained its triple-A rating for sovereign debt, S&P announced on Friday. However, it doubts Chancellor of the Exchequer George Osborne will manage...
American Stocks

US stocks took a nosedive on Friday, Dow Jones fell by 1.8 percent

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Stocks in the US took a nosedive on Friday. The Dow Jones Industrial Average (DJI) fell by over 315 points (a 1.8 percent drop)...
BRP Inc.

Ski-Doo snowmobile maker BRP Inc. posts lower profit due to weak ruble

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Bombardier Recreational Products Inc. (BRP), the maker Sea-Doo watercrafts and Ski-Doo snowmobiles, posted lower third-quarter profit (net income), partly because the declining ruble has...
OFWAT

Water bills to drop by 5% by end of decade, Ofwat ruled

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UK regulator Ofwat ruled that household water bills in England and Wales will decline by 5% on average (excluding inflation) by the end of...
Russian interest rates

Russia raises interest rate to 10.5% to fight inflation and stem ruble slide

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The Central Bank of Russia has increased its benchmark interest rate to 10.5%, that is a rise of a full percentage point, as it...

Pension firms failing savers, who miss out on higher incomes

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Consumers are being failed by pension funds, says a review by the Financial Conduct Authority (FCA), the UK's financial regulatory body. Savers could have...
debt

42.9 million American consumers have unpaid medical debts

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A government report revealed that almost 20 percent of American consumers (42.9 million people) have unpaid medical debts. The report was released by the Consumer...
Glassdoor

Google is best company to work for, while Twitter fell from top 50

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Google Inc., which is usually in the top 50 companies to work for, won the number 1 spot this year on Glassdoor’s seventh annual...