Business

UK retail sales

UK retail sales up 1.3 percent in August

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On a like-for-like basis, UK retail sales increased by 1.3% from August last year, when they had risen by 1.8% on the previous year....

Home Depot data breach confirmed

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A Home Depot data breach has been confirmed by the world’s biggest home improvement chain. The retailer says its payment system was hacked in...
New plastic banknote

De La Rue wins banknote printing contract, Bank of England announces

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De La Rue wins the banknote printing contract as the “preferred bidder” by the Bank of England in the tender for the new polymer...
Electrolux GE Appliances

Electrolux GE Appliances takeover deal agreed

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An Electrolux GE Appliances takeover deal worth $3.3 billion in cash has been agreed by the Swedish multinational household and professional appliances manufacturer and...
Germany

German record trade surplus in July

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Does a German record trade surplus in July mean that Europe’s largest economy is poised for a rebound after shrinking in the second quarter?...
China

China’s August trade surplus soars

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China’s August trade surplus surged after imports declined for the second successive month while exports soared, according to data from the General Administration of...

Japanese economy shrank 7.1 percent in Q2

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The Japanese economy shrank by -7.1% in Q2 2014, revised data from The Cabinet Office showed, the steepest contraction in five years, which is...
Citizens property insurance corporation

Florida home insurance rates fall

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Florida home insurance rates are set to fall, says Citizens Property Insurance Corporation, after announcing that the Florida Office of Insurance Regulation approved the...
Kroger

Kroger hiring 20000 more workers

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Why is Kroger hiring 20000 more workers? The company says it is adding new stores, after opening 216 new outlets in 2013, and needs...
Michael Kors

Michael Kors founder selling entire stake

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Michael Kors founding shareholder, Sportswear Ltd, is to sell its entire stake in the designer clothing and handbags retail business for about $890 million,...