Cenovus Energy posts Q2 $267m loss says cutting costs big time
Canadian integrated oil company Cenovus Energy Inc. reported a $267 million loss for Q2, but says it is cutting costs big time and expects...
Countrywide warns of drop in profits as Brexit stalls UK property market
Countrywide warned that full-year 2016 earnings will be lower than last year amid a stalling property market in London following the EU referendum last...
Lloyds announces an additional 200 branch closures and 3,000 job cuts
Lloyds Banking Group, the UK’s largest retail bank, announced that it is accelerating cost cutting plans amid an economic slowdown following last month’s Brexit...
Montreal homes greenest in Canada but Edmonton the least green
Montreal homes are the greenest – their greenhouse gas emissions are the lowest in the country – while those of Edmonton are the least...
House overpricing in Canada spreads across the country
In Canada, house overpricing is spreading across the country. What started off in Toronto and Vancouver, with the Canada Mortgage and Housing Corporation’s list...
Retail sales plummet in UK at fastest rate in 4 years
Retail sales plummeted in the UK dramatically – at their fastest rate in four years - according to a survey carried out by the...
Many UK firms unaware of other finance options
A new survey finds while nearly half of UK firms applied for funding in the past year, few were aware of finance options outside...
Shinzo Abe plans 28 trillion yen package to boost struggling Japanese economy
The struggling Japanese economy is to receive a 28 trillion yen (£200bn or $265bn) package in the hope of kick-starting business and manufacturing activity,...
Optimism among UK manufacturers slumps after Brexit vote
Optimism among UK manufacturers in the aftermath of the Brexit vote to leave the European Union slumps to the lowest it has been since...
Amazon is testing drone delivery in the UK
A delivery service with the help of drones moves closer to becoming a reality.
Amazon has partnered with the British government to start testing the...