Russian recession for 2015 warning by Economy Ministry
The Russian Economy Ministry warns that the country is likely to slide into recession in 2015, and may shrink by 0.8%. It had previously...
Black Friday best week ever for John Lewis with £179.1m in sales
British upmarket chain of department stores John Lewis said on Tuesday that Black Friday helped it deliver its best week of sales ever in...
Phone scammers netting £23.9m annually, over triple last year’s total
Phone scammers have netted an estimated £23.9 million over the past twelve months, which is more than three times the previous year’s £7 million,...
Ruble regains some value after Monday’s giant slide
In early trading on Tuesday, the Russian ruble climbed 1.7% to trade at 50.76 per dollar after suffering its worst decline on Monday since...
US manufacturing growing at faster pace than forecast
American manufacturing grew in November at a faster pace than forecast, indicating that the US economy is riding steadily through the global slowdown.
The Institute...
Retirement with debts, a common Canadian phenomenon today
Retiring with debts is becoming more common in Canada. About 20% of Canadian homeowners expect to use their home equity to supplement their retirement...
Mortgage approvals hit 16-month low, consumer credit at 8-year high, UK
Mortgage approvals were at a 16-month low in October, lower than in any month since June 2013, while consumer lending soared, the Bank of...
Ruble crash hits all-time low of 50 per dollar
The ruble continues on its downward spiral, smashing past the 50 per US dollar barrier, marking an all-time low, as declining oil prices and...
UK manufacturing grows slightly in November driven by domestic demand
UK manufacturing increased marginally in November, driven by strong demand at home while new export orders remained subdued, says a new report published by...
£15bn ‘road investment strategy’ for England to be announced by Government
The Government is to announce a £15 billion ‘road investment strategy’ for England, which will include a tunnel on the A303 at the prehistoric...