World War I debt worth £1.94bn to be paid back says UK Government
Part of The World War I debt, known as The War Loan, is to be paid back, the UK government announced on Wednesday. A...
Top CEOs are less optimistic about the US economy
Top chief executives across the US are not optimistic about the future of the American economy and are planning on reducing the amount they...
Bank of Montreal profit misses expectations
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 recession for 2015 warning by Economy Ministry
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...
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...
Phone scammers netting £23.9m annually, over triple last year’s total
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,...
Ruble regains some value after Monday’s giant slide
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...
US manufacturing growing at faster pace than forecast
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
Retiring with debts is becoming more common in Canada. About 20% of Canadian homeowners expect to use their home equity to supplement their retirement...
Mortgage approvals hit 16-month low, consumer credit at 8-year high, UK
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...