Serco profit warning sends shares crashing
Serco Group plc., a British outsourcing multinational company, issued its fourth profit warning this year on Monday, which sent shares crashing and wiping off...
CBI urges government action to boost earnings and productivity
The Confederation of British Industry (CBI) called on the Government on Monday to raise the National Insurance threshold and expand free childcare to toddlers...
Asian stocks rise on US job growth and Chinese exports
Asian stocks rose on Monday morning after news of steady US job growth and Chinese exports exceeding expectations.
Hong Kong's Hang Seng gained 1.7 percent to...
Eurozone’s slowdown is self-inflicted, says ECB board member Benoît Coeure
The Eurozone’s economy is at risk of sliding into a self-fulfilling loss of growth momentum, Benoît Coeure, Executive Board Member of the European Central...
Canadian PM Harper in Beijing raising concerns with Chinese president Xi Jinping
Canadian prime minister, Stephen Harper, was in talks with Chinese president Xi Jinping in Beijing Sunday. The visit generated around $2.5 billion in business...
Sainsbury’s to abandon giant new store program and slash dividends
In a fight for survival, Sainsbury’s is expected to scrap its huge new store opening program and slash its dividend, as fierce competition from...
Runaway spending in Alberta municipalities unsustainable, says CFIB report
From 2000 to 2012, expenditure by Alberta municipalities increased at an unsustainable rate, says a new report published on Thursday by the Canadian Federation...
ICBC is China’s chosen bank for Yuan clearing in Canada
State-run Industrial & Commercial Bank of China Ltd. (ICBC) is the bank of choice for Yuan clearing in Canada, the People’s Bank of China...
Fallowfield crossing danger warning from Transport Canada to City of Ottawa
There is a threat to safety at the Fallowfield level crossing, a Transport investigator has warned the City of Ottawa. John Valencik, a Transport...
Stonehenge tunnel would boost UK economy, says CBI chief
The construction of a tunnel under Stonehenge would help boost the UK economy, says John Cridland, Director General of the Confederation of British Industry...