Asia-Pacific home to most millionaires in the world
The Asia-Pacific region now has the most millionaires in the world - more than North America.
According to a recent survey of the world’s richest people,...
Wingstop shares soar 60 percent in public market debut
Wingstop shares climbed up more than 60% in its public market debut.
The company operates and franchises more than 470 quick-service eateries that specialize in...
US producer prices rose in May on higher gasoline and food costs
US producer prices increased in May as the cost of gasoline and food rose.
According to the Labor Department, the producer-price index (PPI) for final...
UK raised 750 million pounds in sale of Royal Mail shares
The UK government completed a sale of half of its remaining stake in Royal Mail.
The sale raised a total of £750 million. Last week...
US had record number of job openings in April
In April a record number of companies advertised job openings in the US - the highest number in 15 years.
According to The US Labor...
HSBC plans on cutting 25,000 jobs worldwide
HSBC announced that it will be cutting a total of 25,000 jobs worldwide, of which 8,000 will be in the UK.
The bank said that...
UK retail sales rose 1.1 percent in May
UK retail sales increased by 1.1 percent in May compared with the same month in 2014, according to the British Retail Consortium, following a...
UK may begin RBS shares sale this September
The UK will soon begin selling shares of state-owned Royal Bank of Scotland (RBS).
The Treasury is reportedly planning an initial sale of RBS shares...
Chinese company bid $2.35 million to win lunch with Warren Buffett
Chinese gaming company Da Lian Zeus Entertainment made a $2.35 million bid on Friday to win a private lunch with Warren Buffett.
The proceeds of...
Dow and S&P 500 both closed lower on Friday
Despite robust labor market reports, the Dow and S&P 500 both closed lower Friday on expectations that the Federal Reserve will begin increasing rates as...