US August retail sales increase 0.6%
Lower gasoline prices and a firmer labor market helped push up US August retail sales to $444.4 billion, 0.6% higher than in July, and...
Virgin Money appoints Glen Moreno as new chairman
Virgin Money, which is partly-owned by billionaire investor Richard Branson and is planning an initial public offering (IPO) for next year in the London...
Argentina defies US court ruling and passes bill
Argentina defies a US court ruling by passing a bill that will allow the country to make payments locally or in regions outside the...
Russia faces new economic sanctions
Russia faces new economic sanctions from the European Union (EU) today. The EU has added twenty-four more Russian officials and separatist leaders to its...
British banks threaten Scottish exodus
More British banks threaten a Scottish exodus if the “Yes” vote for independence wins in the September 18th referendum. The Royal Bank of Scotland...
Canadians saving less, more overwhelmed by debt
Why are Canadians saving less today? Fifty-one percent of Canadian workers now say they are living from paycheck-to-paycheck, and would be in serious trouble...
Morrisons profits fell as did sales
Morrisons profits fell by 51%, according to its half-year results to August 3, to £181 million from £371 million during the same period last...
Huge Australian August employment gain posted
A massive Australian August employment gain was recorded by the Australian Bureau of Statistics (ABS). A total of 121,000 new jobs were created, the...
Santander appoints Ana Botín to chair the board
Following the death of her father, Emilio Botín on September 9, the Grupo Santander appoints Ana Botín to chair the board. Mr. Botín, who...
Manchester United profit sharply down – revenue up
Why was Manchester United profit sharply down while its revenue increased significantly? For the year to June 30, 2014, profit plunged 84% to ₤23.8...