Homebase to speed up store closures, UK
Homebase, part of Home Retail Group, plans to cut one quarter of all its stores by 2019, the company announced on Wednesday. Several of...
ECB has no plan to buy corporate bonds, says Luc Coene
Luc Coene, European Central Bank Governing Council member, recently said that despite policy makers purchasing covered bonds for the past two days, there is...
US government to announce Social Security COLA
Millions of older US citizens receiving government benefits sill soon know how much their monthly payments will rise in 2015. Over 70 million American...
Kentucky’s bourbon industry is booming
Over the past two years the number of licensed distilling companies in Kentucky tripled to 31, from 10, according to a report by the Urban...
JPMorgan Chase fined $78 million by European Commission
JPMorgan Chase has been fined for over $78 million on Tuesday by European authorities for the manipulation of an international financial benchmark and being...
Tesco plunges as the smaller supermarkets rise
Sales of the world’s second largest retailer Tesco are falling faster than any other UK supermarket chain, while German discounters Lidl and Aldi and...
UK Government borrowing jumped to £11.8 billion in September
Government borrowing in the United Kingdom increased by £1.6 billion in September to £11.8 billion compared to September 2013. Analysts had predicted there would...
US pushes Japan for free trade deal
The US is pushing Japan for a free trade deal, saying that the timing is now to sort out the obstacles for a Trans-Pacific...
AkzoNobel meets targets in third quarter
AkzoNobel N.V., the Dutch decorative paints, performance coatings and specialty chemicals multinational, met targets in the third quarter of 2014, but warned on Tuesday...
China GDP growth hits 5-year low
China’s GDP growth hit a five-year low in the third quarter of this year, as it struggles with a weakening property market, slumping industrial...