European Commission €350bn investment plan launched to boost growth
A €350 billion investment plan to kick-start the Eurozone’s economy and create jobs was announced by the European Commission on Wednesday. Most of the...
Cowboy shortage and higher beef prices caused by Canada’s oil boom
Canada’s oil boom has helped push down gasoline prices, we all know that. What most people are unaware of is the cowboy shortage it...
British banking’s toxic and aggressive culture will take a generation to change
It will take the British banking sector an entire generation to effectively change its “toxic and aggressive” culture, says a joint report by the...
Daily Mail profit growth pleases investors
Daily Mail and General Trust plc. (DMGT) posted a 9% increase in pre-tax profit to £291 million for the year ended September, which was...
Update 1 – Thomas Cook CEO Harriet Green resigns, nobody believes her reason
Harriet Green, CEO of British travel company Thomas Cook Group plc., shocked investors by announcing her resignation, explaining that her work in the company...
Sony offers refunds to PS Vita owners because of depective ads
Sony will be refunding American customers that bought the PS Vita console before June 1, 2012 because of its use of deceiving ads that led...
Visa Inc sued by Discover Financial under anti-competitive allegations
Discover Financial Services has sued Visa Inc under allegations that the company's credit credit card business has engaged in anti-competitive practices.
Discover Financial is looking...
Samsung sells stakes in chemical and defense firms to Hanwha for $1.72 billion
Samsung Group announced that it is selling stakes in four chemical and defense firms to Hanwha Group in a deal worth 1.9 trillion won...
American consumer confidence fell in November down to 88.7
In November American consumer confidence dropped to its lowest level since June, with people showing less optimism about the US economy and jobs.
The index...
Tiffany posts Q3 revenue of $959.6 million, stock surged by 2.5%
Tiffany, the US multinational luxury jewelry and specialty retailer, posted lower than expected third quarter sales on Tuesday, but it was still strong enough to...