Russia raises benchmark interest rate to 17 percent
Russia’s central bank increased its benchmark interest rate from 10.5 percent to 17 percent - effective today.
The announcement was made in the middle of...
National net worth per capita rose 2.4% to $227,500, says Statistics Canada
National net worth per capita (per head of the population) increased by 2.4% to $227,500 in the third quarter, Statistics Canada reported on Monday....
Manufacturing activity in December remained strong in UK
The CBI Industrial Trends Survey for December reported strong manufacturing activity, which is expected to continue growing during the next three months.
Manufacturing has been...
Shinzō Abe wins elections, despite Abenomics not delivering
Shinzō Abe won Sunday’s snap election easily. His Liberal Democratic Party (LDP) together with coalition partner the Buddhist-backed Komeito party won 325 seats out...
Ex-JJB Sports Boss Christopher Ronnie gets 4 years jail for fraud
London’s Southward Crown Court sentenced former JJB Sports CEO Christopher Ronnie to 4 years in prison for illegally acquiring £1 million in what the...
FTSE 100 recovers after oil price climbs
After Brent Crude climbed above $63 per barrel early on Monday morning, the FTSE 100 index recovered after suffering its worst week in three...
Fee-free bank account deal agreed between UK Treasury and 9 banks
A deal has been reached between HM Treasury and 9 UK banks for a new fee-free template for basic bank accounts. Account holders will have...
Belgian nationwide strike brings country to a standstill
Road, rail and air transport have been brought to a standstill in Belgium, forcing many commuters and schoolchildren to stay at home and businesses...
House prices post record fall in December in UK
House prices fell by a record level in December, leaving them 7% higher than at the beginning of the year compared to 8.5% in November,...
Oil prices rebound in Asian trading
Oil prices sunk in early Monday morning trading in Asia (by as much as 2.5 percent) to record 5-1/2 year lows before rebounding. US benchmark...