Tesco just sold its Korean retail unit for £4.2 billion
Tesco has sold off its South Korean retail unit Homeplus for £4.2 billion in a move that is set to help strengthen the supermarket chain’s...
China’s foreign reserves down to $3.557 trillion
Chinese foreign exchange reserves dropped by $94 billion in August down to $3.557 trillion, the biggest monthly fall on record.
Foreign exchange reserves refers to...
UK’s North Sea oil and gas sector has lost 5,000 jobs
Over 5,000 jobs have been lost in the UK’s North Sea oil and gas industry since late last year, according to the Oil and...
US unemployment down to a seven-year low of 5.1 percent
The latest Labor Department report, issued on Friday, revealed that unemployment in the US dropped to a seven-year low of 5.1 percent in August...
BlackBerry acquiring Good Technology for $425 million
BlackBerry Ltd announced on Friday that it is going to acquire Good Technology Corp for $425 million.
Good Technology is a mobile security provider headquartered...
UK car registrations climbed up 9.6 per cent in August
August was not a quiet month for the automotive industry in Britain.
According to the Society of Motor Manufacturers and Traders, new car registrations in...
UK retail sales plunged in August
Retailers in the UK suffered a huge plunge in sales in August - the worst drop since the height of the 2008 financial crisis.
According...
Fed’s Beige Book reveals economic growth across most areas
The U.S. Federal Reserve’s latest Beige Book revealed that 11 of the Fed’s 12 regional banks reported at least modest expansion in the economy...
Google unveils brand new logo
After creating an umbrella company called Alphabet the California-based tech giant Google has unveiled a new logo for its core search services.
The new logo...
Chinese factory activity shrinks at fastest pace in three years
Factory activity in China contracted at its fastest pace in three years in August, evidence that Chinese economic growth is continuing to slow.
The official...