Rocket Internet IPO worth €750m announced
A Rocket Internet IPO worth €750m has been announced by the German e-commerce focused venture capital firm and startup incubator. The initial public offering...
Dollar General starts tender offer to Family Dollar shareholders
Dollar General starts a tender offer to Family Dollar shareholders. The Tennessee-based variety store chain is offering $80 per share in cash, just above...
France’s growth outlook down, deficit target will be missed
Finance Minister Michael Sapin said in a press conference that France’s growth outlook has been lowered to just 0.4% for 2014, from the 0.5%...
Auto loan delinquency rate increased in August
The auto loan delinquency rate, i.e. the percentage of car buyers falling more than 60 days behind on their auto loan payments, increased to...
Venezuelan inflation reached 63.4 percent in August
Venezuelan inflation hit 63.4% (annualized) in August, the fastest pace since 1998, after posting a 62% rise in July and 62.2% in June, according...
TSB is opening 30 new branches
TSB is opening 30 new branches, but has not said where. The bank, which used to belong completely to Lloyds until one year ago,...
UK July industrial output up
UK July industrial output increased by 0.5% after rising by 0.3% in June, driven mainly by a 3.6% jump in gas and electricity output,...
EU adopts new Russian sanctions
As the EU adopts new Russian sanctions, European businesses become more nervous after the German economy shrank in the second quarter and Eurozone GDP...
UK retail sales up 1.3 percent in August
On a like-for-like basis, UK retail sales increased by 1.3% from August last year, when they had risen by 1.8% on the previous year....
Home Depot data breach confirmed
A Home Depot data breach has been confirmed by the world’s biggest home improvement chain. The retailer says its payment system was hacked in...