Tesco launches price-matching scheme amid price war
Tesco, the UK’s largest supermarket chain, is launching a price-matching scheme called Brand Guarantee that will give consumers instant price cuts on branded goods.
The...
Canada adds 12,000 jobs to economy, but unemployment rate rises
Although the Canadian economy added 12,000 jobs (or +0.1%), as more people entered the labor force, its unemployment rate increased by 0.1 of a...
Ineos acquires major share of North Sea gas fields for $750 million
Ineos, the Swiss chemicals giant that controls Grangemouth, has bought a major share of North Sea gas fields from DEA Group for $750 million.
A...
Corbyn dodged kissing Queen’s hand by going on a Scottish Highland hike
Jeremy Corbyn, Labour’s new leader, said he could not attend a ceremony to join the Privy Council because of a ‘prior commitment’. This commitment...
Ecotourism may harm the survival chances of some animals, says study
Most of us think ecotourism is good for animals and wildlife in general. However, according to a recent study carried out at the University of...
LSE selling Russell Investments for $1.15 bn (£752 mn)
Shares in London Stock Exchange dropped on Friday after announcing how much it is selling its Russell Investments.
Many investors believe the selling price is...
G20 to crack down on corporate tax avoidance
G20 members gave the green light on Friday to a package of measures aimed at cracking down on corporate **tax avoidance by big multi-nationals.
**Tax avoidance...
Standard Chartered cutting 1,000 senior staff in an effort to reduce costs
Standard Chartered plans on cutting 1,000 senior staff in an effort to reduce costs, according to a recent memo sent to employees.
The news was...
World economy reaches a fork with promising or dire consequences
We appear to have reached a fork in the road, as far as the global economy is concerned. If we follow one route the...
Major economies close in on multinationals regarding tax
Once again, the world’s major economies have signed up to a package of measures which they say will make it much harder for multinationals...