Sky shareholder mutiny over remuneration report
Sky, the pay-TV giant, faced an independent shareholder mutiny with 55% of them not supporting the company’s remuneration report. UK advisory group Pirc and...
Quebec and Ontario sign agreements to fight climate change
Quebec and Ontario signed a number of agreements aimed at co-operating on climate change, energy projects, trade and the sale of alcohol. While not...
Chewing gum street clean-up should be funded by manufacturers, says LGA
Britain’s streets are plagued with discarded chewing gum. Cleaning it up should be partly-funded by chewing gum manufacturers, the Local Government Association (LGA), which...
Aviva and Friends Life talking about potential £5.6bn takeover deal
Aviva plc and Friends Life Group Limited are talking about a £5.6 billion merger agreement, the two companies have announced. If a fusion does...
Canada’s inflation up to 2.4 percent in October
Canada’s inflation rate surged to 2.4% annually in October from September’s 2%, partly driven by steep rises in shelter and food prices, Statistics Canada...
Royal Bank plans to cut workforce
Royal Bank of Canada (RBC) says it is overhauling its RBC Wealth Management division, a strategy which will lead to job losses. The company...
Network Rail gets crushing verdict from the Office of Rail Regulation
The UK’s Office of Rail Regulation (ORR) has criticized Network Rail for a string of shortcomings, and expressed concern at the reliability of some...
UK public sector borrowing fell 2.4 percent in October
UK public sector borrowing requirement, excluding state-owned banks, fell 2.4% in October to £7.706 billion, a £0.2 billion decrease compared to October 2013, offering Chancellor...
ECB ready to expand its asset-purchase programs, Draghi says
Mario Draghi, President of the European Central Bank (ECB) sent the strongest signal yet on Friday that he is ready to expand the central...
UK abandons EU bonus cap challenge
The UK government has decided to abandon its EU bonus challenge, with Chancellor of the Exchequer George Osborne saying the chances of a successful...