BT in O2 acquisition talks with Telefónica
BT says it is having preliminary talks with the Spanish broadband and telecommunications giant Telefónica about acquiring the O2 mobile network.
BT confirmed on Monday...
Reitmans closing all 107 Smart Set stores
Montreal-based retailer Reitmans Limited announced on Tuesday that it is going to shut down all its 107 Smart Set stores over the next 12...
China business outlook improves slightly, says Markit Economics
China business outlook improved marginally in October after sliding in June. However, confidence regarding future business activity remains historically weak, says a new report...
Ivanhoé Cambridge snaps up two Seattle properties for $280 million
The real estate arm of Caisse de dépôt et placement du Québec, Ivanhoé Cambridge Inc., bought two contiguous office properties in downtown Seattle for...
German business climate improves in November, says Ifo Institute
The German Ifo Business Climate Index for industry and trade increased in November to 104.7 points compared to 103.2 points in October. According to...
Bio-Bus that runs on human poop and food waste takes to the road
The first bus that runs on gases generated from human poo and food waste has hit the road in England. Its creator, GENeco, a...
UK Taxman too slow with celebrities and companies, says Public Accounts Committee
The UK Taxman has been criticized for being unacceptably slow in getting tax money from tax avoiders, especially celebrities and companies, says the Public...
Washington’s health care exchange shuts down
Only hours after open enrollment Washington's health care exchange shut down. State officials and computer software engineers are working on fixing the issue with...
UK insurers warned about reserves by the Prudential Regulation Authority
British insurers have been warned by the Prudential Regulation Authority about the hazards of using their accumulated reserves against claims to shore up profits.
The...
Update 1 – BlackBerry says Chinese market is not a top priority
While BlackBerry Limited says the Asian market is a crucial priority for the loss-making company’s fortunes, China is not. CEO John Chen says the...