UK September trade deficit widened with rising oil imports
The UK’s September trade deficit grew more than analysts had expected, with weak export growth to the EU and higher oil imports, the Office...
Update: Qatar Investment Authority Songbird bid rejected
The Qatar Investment Authority along with Brookfield Property Partners L.P. made an offer to buy Songbird Estates, which was rejected on Friday. The Qatari...
UK interest rates stay at 0.5% record low, quantitative easing extended
The Bank of England’s Monetary Policy Committee voted on Thursday to keep interest rates at their record low of 0.5% and to extend its...
German factory orders slightly up, but 3rd quarter GDP decline likely
German factory orders recovered slightly in September, increasing by 0.8% after a sharp -4.2% (revised) decline in August. Economists had expected factory orders to...
Morrisons posts 6.3% sales fall, starts price-matching discounters
The UK’s fourth-largest supermarket chain Morrisons posted a 6.3% decline in sales. The Bradford-based company has started price matching the discounters in its drive...
Alberta economic growth above national average, real GDP up 3.8 percent
Alberta has achieved impressive economic growth. The province’s real domestic product growth was ahead of the national average in 2013. This is the fourth consecutive...
Time Warner raises earnings forecast but income fell in 3rd quarter
American cable telecommunications giant Time Warner Cable Inc. raised its full year earnings forecast on Wednesday, but posted a third quarter income decline of...
TSX surges as Canadian energy shares shoot up
Canadian energy stocks surged on Wednesday which helped offset the selloff in gold-mining shares (affected by the falling bullion price). The The Toronto Stock...
Torstar earnings jump boosted by Harlequin sale
Toronto-based media company Torstar Corp. posted significantly higher third quarter earnings, which were boosted by the sale of romance and women's fiction publisher Harlequin...
UK gets £4.96bn surplus from EU migrants
European migrants have paid in £4.96 billion more in taxes to the UK than they cost in benefits, says a report published on Wednesday...