BT in O2 acquisition talks with Telefónica
BT says it is having preliminary talks with the Spanish broadband and telecommunications giant Telefónica about acquiring the O2 mobile network.
BT confirmed on Monday...
Amazon and Royal Mail sign post office collection deal, UK
Online retailing giant Amazon and Royal Mail have signed a deal whereby items are delivered to post offices and picked up by customers. Last...
US stocks continue to rally, the Dow and S&P 500 close at record highs
Wall street hit records highs on Monday. The Dow Jones gained 7.84 points (0.04 percent) to 17,817.90, while the S&P 500 rose by 5.91...
Hudson’s Bay refinancing ups share price by 9 percent in midday trading
Toronto-based Hudson’s Bay Co. (HBC) said it had taken out a $1.25 refinancing plan on Monday. As soon as the news came out on...
China business outlook improves slightly, says Markit Economics
China business outlook improved marginally in October after sliding in June. However, confidence regarding future business activity remains historically weak, says a new report...
US business outlook slips to 5-year low, says Markit Economics
US business outlook in October, meaning its optimism regarding future business activity, has fallen to its lowest level since 2009, says a new report...
UK business outlook strong but at 1-year low, says Markit Economics
The Markit UK Business Outlook for October was still strong, but was lower than at any time during the last 12 months. Compared to...
German business climate improves in November, says Ifo Institute
The German Ifo Business Climate Index for industry and trade increased in November to 104.7 points compared to 103.2 points in October. According to...
Global business outlook plummets to five year low, says Markit Economics
Global business outlook has fallen to a five-year low, according to October’s Markit Global Business Outlook Survey. Optimism among 6,100 companies in the world’s...
Supermarket price war destroying food producers
The fierce supermarket price war in the UK is killing off food producers, as accountancy firm Moore Stephens reported on Monday that so far...