Olam Intl acquiring ADM’s cocoa business for $1.3 billion
Olam International Ltd is going to acquire Archer Daniels Midland Co's cocoa business for $1.3 billion, according to an announcement on Monday.
Through acquiring one...
Russia raises benchmark interest rate to 17 percent
Russia’s central bank increased its benchmark interest rate from 10.5 percent to 17 percent - effective today.
The announcement was made in the middle of...
Annual Christmas Bird Count begins
The Annual Christmas Bird Count started on December 14th and ends on January 5th. Tens of thousands of volunteers across the Americas participate in...
Talisman shares shoot up after Repsol confirms acquisition interest
After Spanish oil giant Repsol S.A. confirmed it is interested in acquiring 100% of Canadian oil & gas exploration and production company Talisman Energy...
National net worth per capita rose 2.4% to $227,500, says Statistics Canada
National net worth per capita (per head of the population) increased by 2.4% to $227,500 in the third quarter, Statistics Canada reported on Monday....
Manufacturing activity in December remained strong in UK
The CBI Industrial Trends Survey for December reported strong manufacturing activity, which is expected to continue growing during the next three months.
Manufacturing has been...
Shinzō Abe wins elections, despite Abenomics not delivering
Shinzō Abe won Sunday’s snap election easily. His Liberal Democratic Party (LDP) together with coalition partner the Buddhist-backed Komeito party won 325 seats out...
Ex-JJB Sports Boss Christopher Ronnie gets 4 years jail for fraud
London’s Southward Crown Court sentenced former JJB Sports CEO Christopher Ronnie to 4 years in prison for illegally acquiring £1 million in what the...
FTSE 100 recovers after oil price climbs
After Brent Crude climbed above $63 per barrel early on Monday morning, the FTSE 100 index recovered after suffering its worst week in three...
Fee-free bank account deal agreed between UK Treasury and 9 banks
A deal has been reached between HM Treasury and 9 UK banks for a new fee-free template for basic bank accounts. Account holders will have...