Keep interest rates low, urges the Institute for Public Policy Research
The Institute for Public Policy Research has urged the Bank of England to keep the benchmark interest rate at its record low of 0.5%...
Japan approves a 3.5 trillion yen stimulus package
Japan approved a 3.5 trillion yen stimulus package on Saturday to help boost the country's economy and get growth back on track.
Prime Minister Shinzo...
Rural economy will grow faster than urban sector in England
England's rural economy will grow faster than in urban areas of the country, thanks to better transport links and faster broadband, Environment Secretary Liz Truss...
Bank of England to use Internet and social networks data when deciding interest rate...
The Bank of England is now monitoring what Brits search for on the Internet and post on social networks such as Facebook to help...
Pohlad family acquires majority stake in Polaroid for $70 million
The Pohlad family from Minnesota has bought a majority stake in Polaroid for $70 million. The instant camera maker, based in Minnetonka, is now...
German GDP growth for 2015 will be better than expected, says Jens Weidmann
Dr. Jens Weidmann, president of Germany’s Bundesbank, told the Frankfurter Allgemeine Sonntagszeitung Sunday newspaper that Germany’s GDP (gross domestic product) is likely to perform...
Boxing day numbers down as sales fatigue afflicts consumers in UK
Why were there one million fewer people out shopping on Boxing Day compared to 2013? Was it because of a post-Christmas day hangover, the...
Rogers and BCE agree to split ownership of Glentel Inc
Rogers Communications has dropped a court challenge in Ontario to get an injunction blocking BCE’s acquisition of wireless communications services provider Glentel.
A news release...
Court rejects Credit Suisse’s request to dismiss Schneiderman lawsuit
New York rejected Credit Suisse Group AG’s request to dismiss a lawsuit demanding $10 billion in damages, accusing the firm of bank fraud in...
Vladimir Putin tells government workers New Year holidays are off
New Year holidays for government workers, which traditionally last from January 1 to 12, have been cancelled this year, Russian President Vladimir Putin announced...