Aldermore Bank cancels IPO blaming market conditions
Wilmslow-based bank Aldermore has decided to cancel its planned initial public offering (IPO), citing tough market conditions. The bank is one of many companies...
Amazon launches same day pickup with Smiths News, UK
In a partnership with Smiths News, part of Connect Group plc., a UK newspaper and magazine wholesaler, Amazon has launched a same-day pick-up service...
JPMorgan Chase reports Q3 net income of $5.6 billion
JPMorgan Chase & Co (JPM.N) reported third quarter net income of $5.6 billion, or $1.36 per share.
In the same quarter last year the company...
UK inflation dropped to 1.2% in September, lowest rate in five years
UK inflation dropped down to 1.2% in September from 1.5% in August, measured by the Consumer Price Index (CPI), according to the Office for National...
UK retail sales falls to a six year low
The warm weather across the UK last month reduced the number of shoppers buying winter clothing, which pushed retail sales to its lowest level in...
A Canadian Pacific and CSX Corp. merger would face heavy regulatory hurdles
The potential merger between Canadian Pacific Railway Ltd. and CSX Corp., two of North America’s leading railroad companies, has almost no prospect of going through...
Monaco joins fight against tax dodgers
The Principality of Monaco, a known tax haven, delighted its larger European neighbors when it announced its commitment to fight tax dodgers after becoming...
Chinese exports rose by 15.3 percent in September
Chinese exports in September rose by 15.3 percent from the year before - the biggest increase since February 2013. The country also experienced a...
Potential merger between Canadian Pacific Railway and CSX Corp
A potential merger between Canadian Pacific Railway Ltd and CSX Corp may be underway, with the Canadian railroad operator recently approaching CSX Corp with...
Russian troops near Ukrainian border ordered to leave by Vladimir Putin
Thousands of Russian troops stationed close to the Ukrainian border have been ordered by President Vladimir Putin to retreat and return to their bases,...