Business

business roundtable

Top CEOs are less optimistic about the US economy

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Top chief executives across the US are not optimistic about the future of the American economy and are planning on reducing the amount they...
bmo

Bank of Montreal profit misses expectations

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Bank of Montreal’s profit missed estimates, the company posted net income for the three months ended Oct. 31 of only $1.07 billion ($1.56 a...
Russian economic growth

Russian recession for 2015 warning by Economy Ministry

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The Russian Economy Ministry warns that the country is likely to slide into recession in 2015, and may shrink by 0.8%. It had previously...
John Lewis

Black Friday best week ever for John Lewis with £179.1m in sales

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British upmarket chain of department stores John Lewis said on Tuesday that Black Friday helped it deliver its best week of sales ever in...
Phone Scam

Phone scammers netting £23.9m annually, over triple last year’s total

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Phone scammers have netted an estimated £23.9 million over the past twelve months, which is more than three times the previous year’s £7 million,...
Russian Federation

Ruble regains some value after Monday’s giant slide

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In early trading on Tuesday, the Russian ruble climbed 1.7% to trade at 50.76 per dollar after suffering its worst decline on Monday since...
manufacturing

US manufacturing growing at faster pace than forecast

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American manufacturing grew in November at a faster pace than forecast, indicating that the US economy is riding steadily through the global slowdown. The Institute...

Retirement with debts, a common Canadian phenomenon today

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Retiring with debts is becoming more common in Canada. About 20% of Canadian homeowners expect to use their home equity to supplement their retirement...
Bank of England

Mortgage approvals hit 16-month low, consumer credit at 8-year high, UK

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Mortgage approvals were at a 16-month low in October, lower than in any month since June 2013, while consumer lending soared, the Bank of...
Ruble collapse

Ruble crash hits all-time low of 50 per dollar

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The ruble continues on its downward spiral, smashing past the 50 per US dollar barrier, marking an all-time low, as declining oil prices and...