Business

Antonis Samaras

Greece announces tax cuts

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Greece announces tax cuts on heating oil and income. Tax on heating oil will be reduced by 30%, says Prime Minister Antonis Samaras. The...
Ex-Im Bank

What of the Export-Import Bank’s fate?

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The Export-Import Bank of the United States, the country’s official export credit agency whose aim is to make sure American companies of all sizes...
Laura Ashley

Laura Ashley sales up 4.9% in H1 2014

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Laura Ashley sales increased by 4.9% in the first half of the year (26 weeks to July 26) to ₤144 million, compared to ₤137.3...
Canada

Canada’s trade surplus widens in July

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Canada’s trade surplus widened to $2.6 billion in July from $1.8 billion in June as exports rose +1.4% and imports declined by -0.3%, according...
Family Dollar & Dollar General

Family Dollar rejects Dollar General despite improved offer

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Family Dollar rejects Dollar General despite an improved takeover offer of $9.1 billion, citing antitrust concerns. Dollar General increased its bid to $80 per...
Barclays Biometric Reader

Barclays Biometric Reader scans the veins in your finger

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The Barclays Biometric Reader that uses finger vein authentication technology has been launched in the UK. Customers can easily access their online bank accounts...
Wealth Gap

US wealth gap widens, says Fed

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The US wealth gap has widened, says the Federal Reserve in a new report, with the richest Americans enjoying 10% pre-tax income gains during...
US Department of Labor

US labor productivity improved 2.3 percent in Q2 2014

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In the second quarter, US labor productivity improved by 2.3%, says the Bureau of Labor Statistics, part of the Department of Labor. Hours worked...
ECB

ECB slashes rates to spur growth

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The ECB slashes rates, surprising analysts, to bolster economic growth and prevent a Eurozone slide into a deflationary spiral. The ECB Governing Council reduced...
Bank of England

Bank of England holds benchmark interest rate at 0.5%

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The Bank of England holds its benchmark interest rate at 0.5%, the lowest level in its 320-year history. Governor Mark Carney and colleagues at...