De La Rue wins banknote printing contract, Bank of England announces
De La Rue wins the banknote printing contract as the “preferred bidder” by the Bank of England in the tender for the new polymer...
Electrolux GE Appliances takeover deal agreed
An Electrolux GE Appliances takeover deal worth $3.3 billion in cash has been agreed by the Swedish multinational household and professional appliances manufacturer and...
German record trade surplus in July
Does a German record trade surplus in July mean that Europe’s largest economy is poised for a rebound after shrinking in the second quarter?...
China’s August trade surplus soars
China’s August trade surplus surged after imports declined for the second successive month while exports soared, according to data from the General Administration of...
Japanese economy shrank 7.1 percent in Q2
The Japanese economy shrank by -7.1% in Q2 2014, revised data from The Cabinet Office showed, the steepest contraction in five years, which is...
Florida home insurance rates fall
Florida home insurance rates are set to fall, says Citizens Property Insurance Corporation, after announcing that the Florida Office of Insurance Regulation approved the...
Kroger hiring 20000 more workers
Why is Kroger hiring 20000 more workers? The company says it is adding new stores, after opening 216 new outlets in 2013, and needs...
Michael Kors founder selling entire stake
Michael Kors founding shareholder, Sportswear Ltd, is to sell its entire stake in the designer clothing and handbags retail business for about $890 million,...
Greece announces tax cuts
Greece announces tax cuts on heating oil and income. Tax on heating oil will be reduced by 30%, says Prime Minister Antonis Samaras. The...
What of the Export-Import Bank’s fate?
The Export-Import Bank of the United States, the country’s official export credit agency whose aim is to make sure American companies of all sizes...