British Airways owner IAG hurt by Brexit terrorism weak pound and strikes
British Airways owner IAG said it has been hurt by several adverse events including terrorism, strikes, the 23rd June Brexit vote plus the economic...
Global automobile production forecast
A global automobile production forecast by IHS Automotive predicts an increase of 21 million units by 2021.
The report informs that since 2009, automobile production...
JC Penney reports disappointing first quarter sales
JC Penney is the latest department store chain in the US to report disappointing first quarter sales.
The retailer reported losses of $180 million, or...
Comcast Time Warner Cable acquisition in $45 billion deal
A Comcast Time Warner Cable acquisition worth $45 billion has been agreed, creating a giant that will control more than 75% of the American...
UK consumer borrowing surged by £1.2 billion
Between February and March consumer borrowing in the UK increased by £1.2 billion.
According to figures from the Bank of England, this is the largest increase...
George Osborne announces new sugar tax on soft drinks manufacturers
Chancellor George Osborne has announced a new sugar tax on soft drinks manufacturers as part of an effort to tackle childhood obesity.
The soft...
How is McDonald’s going to win back customers after E. coli outbreak?
McDonald's believes that its $5 value meals and Big Macs with chicken will help push up visitor numbers to what they were before the...
Tokyo to be home to the world’s tallest wooden skyscraper
Tokyo will soon be home to the world’s tallest wooden skyscraper.
Japanese construction firm Sumitomo Forestry announced plans to develop a 1,148ft, 70-story tall skyscraper...
Rogers and Shaw launch “shomi” to compete with Netflix
Canadians now have another alternative to Netflix. Shaw Communications Inc. and Rogers have partnered up and launched a new service called shomi that directly...
Thomas Cook suffers as holidaymakers fear terrorist incidents
Thomas Cook is suffering the consequences of a devalued pound, terrorist attacks in Europe, plus political instability in Turkey, as holidaymakers either choose destinations in...