Deutsche Bank posts 94 million euro loss in third quarter
Frankfurt-based Deutsche Bank AG posted a €94 million loss for the third quarter compared to a €41 million profit in Q3 2013, after setting...
British mortgage lending at one-year low, says Bank of England
The number of mortgages approved by British financial institutions has fallen to a one-year low, the Bank of England announced on Wednesday, adding to...
Next cuts profit outlook after warm weather delayed winter shopping
Next plc has downgraded its annual profit outlook after exceptionally warm weather delayed consumers’ autumn/winter shopping, the British multinational clothing, footwear and home products...
Singapore is the best place in the world to do business
According to a survey by the World Bank, Singapore is still the number one country to do business in.
This is the ninth consecutive year...
Toronto’s Fairmont Royal York Hotel has new owners
Toronto's famous Fairmont Royal York Hotel is being bought by InnVest Real Estate Investment Trust and KingSett Real Estate Growth LP. The two companies are...
Lloyds to close 200 branches and cut 9000 jobs
Lloyds Banking Group reiterated its plan to close 200 branches and cut 9,000 jobs, just two days after finding out it had just scraped...
Twitter reports strong sales and a 23% increase in active users
Twitter sales more than doubled in the third quarter, rising by 114% to $361 million. The social media giant also reported a 23% increase in...
Pietro Cordova replacing Anthony Lacavera as Wind Mobile CEO
Anthony Lacavera is stepping down as the chief executive officer of Wind Mobile, with Pietro Cordova taking his place.
Mr. Cordova has been the company's...
British retail sales strong in October, with continued growth forecast, CBI
UK retail sales volumes in October continued to grow strongly, according to a report by the Confederation of British Industry (CBI) on Monday, with...
Poor railway accident reporting warning by Canadian regulator
On Monday, the Transportation Safety Board of Canada (TSB) warned three railway companies that their reporting of safety issues was inadequate. A seven-year review...