UK triple-A rating maintained, but deficit target won’t be met, says S&P
The UK maintained its triple-A rating for sovereign debt, S&P announced on Friday. However, it doubts Chancellor of the Exchequer George Osborne will manage...
US stocks took a nosedive on Friday, Dow Jones fell by 1.8 percent
Stocks in the US took a nosedive on Friday. The Dow Jones Industrial Average (DJI) fell by over 315 points (a 1.8 percent drop)...
Ski-Doo snowmobile maker BRP Inc. posts lower profit due to weak ruble
Bombardier Recreational Products Inc. (BRP), the maker Sea-Doo watercrafts and Ski-Doo snowmobiles, posted lower third-quarter profit (net income), partly because the declining ruble has...
Water bills to drop by 5% by end of decade, Ofwat ruled
UK regulator Ofwat ruled that household water bills in England and Wales will decline by 5% on average (excluding inflation) by the end of...
Russia raises interest rate to 10.5% to fight inflation and stem ruble slide
The Central Bank of Russia has increased its benchmark interest rate to 10.5%, that is a rise of a full percentage point, as it...
Pension firms failing savers, who miss out on higher incomes
Consumers are being failed by pension funds, says a review by the Financial Conduct Authority (FCA), the UK's financial regulatory body. Savers could have...
42.9 million American consumers have unpaid medical debts
A government report revealed that almost 20 percent of American consumers (42.9 million people) have unpaid medical debts.
The report was released by the Consumer...
Google is best company to work for, while Twitter fell from top 50
Google Inc., which is usually in the top 50 companies to work for, won the number 1 spot this year on Glassdoor’s seventh annual...
Interest rates should rise sooner as wages reach turning point, says McCafferty
Bank of England hawk Ian McCafferty says interest rates should rise sooner rather than later as UK wages reach a potential "turning point". Mr....
Energy UK helps 3m customers reclaim money left in old accounts
There are millions of pounds lying idle in old accounts by millions of energy customers, says Energy UK, which is encouraging people to get...