Best Buy net income nearly doubles to $107 million in third quarter
American multinational consumer electronics corporation Best Buy Co. Inc. posted net income of $107 million in the third quarter compared to $54 million in...
Bankers are not born dishonest, banking makes them so
Bankers are not inherently dishonest, they are not born that way. However, they work in a culture than encourages them to behave dishonestly, says...
UK banker bonus cap complaint rejected by European Union’s Advocate General
The EU’s Advocate General Niilo Jääskinen has recommended that the court should uphold the cap on bankers’ bonuses following a complaint by the United...
RBS fined £56m for 2012 computer glitch that left millions stranded
Royal Bank of Scotland plc (RBS) was fined £56 million by the Financial Conduct Authority and the Prudential Regulation Authority for a software defect...
TSX closes flat, energy sector fell by 0.75%
The Toronto stock market closed flat on Wednesday, following news from the US Fed that it won’t be increasing rates any time soon.
The S&P/TSX...
Same MPC hawks voted to raise UK interest rates
For the third consecutive month, the Bank of England’s Monetary Policy Committee (MPC) voted 7 to 2 to leave interest rates at their record...
Hotel’s £100 extortion after bad Trip Advisor review
The Broadway Hotel, which claims it has the right to fine guests for bad reviews, charged Mr. and Mrs. Jenkinson’s credit card an extra...
Royal Mail profits plunge, says Amazon is hitting growth
Royal Mail plc has posted a 21% decline in half-year profits, and cites Amazon’s attempts to deliver more of its own parcels as the...
UK banks cutting back on overseas lending, shifting focus on domestic market
Banks in the UK are cutting back on lending overseas at the fastest rate in the world, as they begin to shift focus on...
Alberta and Saskatchewan offer better job prospects than Ontario and Quebec
Saskatchewan and Alberta, or Western Canada, offer better job and career prospects for young Canadian adults while Quebec and Ontario have become as economically...