Business

JPMorgan Chase reports Q3 net income of $5.6 billion

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JPMorgan Chase & Co (JPM.N) reported third quarter net income of $5.6 billion, or $1.36 per share. In the same quarter last year the company...
GB Pounds

UK inflation dropped to 1.2% in September, lowest rate in five years

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UK inflation dropped down to 1.2% in September from 1.5% in August, measured by the Consumer Price Index (CPI), according to the Office for National...
UK retail sales

UK retail sales falls to a six year low

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The warm weather across the UK last month reduced the number of shoppers buying winter clothing, which pushed retail sales to its lowest level in...
csx corp

A Canadian Pacific and CSX Corp. merger would face heavy regulatory hurdles

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The potential merger between Canadian Pacific Railway Ltd. and CSX Corp., two of North America’s leading railroad companies, has almost no prospect of going through...
fidelity

Abigail Johnson appointed as new CEO of Fidelity Invesments

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Abigail Johnson is the new chief executive officer of Fidelity Investments, a company that her grandfather created in 1946. She spent over two decades working...
OECD

Monaco joins fight against tax dodgers

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The Principality of Monaco, a known tax haven, delighted its larger European neighbors when it announced its commitment to fight tax dodgers after becoming...
income tax

UK income tax revenue will fail to meet government targets

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The Office for Budget Responsibility has warned that the amount of income tax that the UK government will collect is not going to meet...
eurostar

The UK’s stake in Eurostar will be sold off, Osborne announces

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On Monday George Osborne will be announcing the UK government’s decision to sell 40% of its stake in Eurostar - the Channel tunnel train...
Export - Cardboard Box on Hand Truck.

Chinese exports rose by 15.3 percent in September

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Chinese exports in September rose by 15.3 percent from the year before - the biggest increase since February 2013. The country also experienced a...
csx corp

Potential merger between Canadian Pacific Railway and CSX Corp

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A potential merger between Canadian Pacific Railway Ltd and CSX Corp may be underway, with the Canadian railroad operator recently approaching CSX Corp with...