Oil prices drop slightly in Asia trade
Crude prices dropped on Tuesday in Asia, with US benchmark West Texas Intermediate (WTI) for January delivery slipping 46 cents to $68.54 and Brent...
US manufacturing growing at faster pace than forecast
American manufacturing grew in November at a faster pace than forecast, indicating that the US economy is riding steadily through the global slowdown.
The Institute...
Amazon using robots this holiday season to improve shipping efficiency
Amazon has boosted the efficiency of shipping by using over 15,000 wheeled robots that help deliver stacks of products to employees for shipment.
Before the...
Retirement with debts, a common Canadian phenomenon today
Retiring with debts is becoming more common in Canada. About 20% of Canadian homeowners expect to use their home equity to supplement their retirement...
Intel acquires PasswordBox for undisclosed amount
Semiconductor chip maker Intel Corp. announced on Monday it had bought Montreal-based PasswordBox, a digital life manager that allows people to store, retrieve and...
Mortgage approvals hit 16-month low, consumer credit at 8-year high, UK
Mortgage approvals were at a 16-month low in October, lower than in any month since June 2013, while consumer lending soared, the Bank of...
Ruble crash hits all-time low of 50 per dollar
The ruble continues on its downward spiral, smashing past the 50 per US dollar barrier, marking an all-time low, as declining oil prices and...
UK manufacturing grows slightly in November driven by domestic demand
UK manufacturing increased marginally in November, driven by strong demand at home while new export orders remained subdued, says a new report published by...
£15bn ‘road investment strategy’ for England to be announced by Government
The Government is to announce a £15 billion ‘road investment strategy’ for England, which will include a tunnel on the A303 at the prehistoric...
BG Group blinks at shareholder revolt and slashes new CEO’s share award
BG Group backed down after one of the UK’s biggest shareholder revolts and slashed incoming CEO Helge Lund’s share award from £10 million to...