OECD nations need a stronger policy response to spur global growth
OECD nations need to act with a greater sense of urgency to avoid risks to growth, says the Organization for Economic Co-operation and Development...
Reitmans closing all 107 Smart Set stores
Montreal-based retailer Reitmans Limited announced on Tuesday that it is going to shut down all its 107 Smart Set stores over the next 12...
US Home price rises losing steam, says S&P/Case-Shiller
US home price increases are slowing down, according to S&P/Case-Shiller. The 10-City Composite was up 4.8% year-over-year in September, down from August’s 5.5%, while...
US consumer confidence in surprise November fall, US
November consumer confidence in the United States fell steeply to 88.7 from 94.1 in October, according to industry research group The Conference Board. Consumer...
Simons to open new stores in five Canadian cities
Quebec-based fashion retailer La Maison Simons (Simons) says it will open new stores in Ottawa, Vancouver, Calgary, Mississauga and Gatineau, starting in 2015 over...
Mortgage approvals down 16% in October, says British Bankers’ Association
Mortgage approvals in October were 16% lower than in October 2013, compared to a 10% drop in September versus September 2013, the British Bankers'...
Services sector growth to continue well into 2015, says CBI
Robust growth in the services sector will continue into next year, says the Confederation of British Industry (CBI). In its latest CBI Service Sector...
BT in O2 acquisition talks with Telefónica
BT says it is having preliminary talks with the Spanish broadband and telecommunications giant Telefónica about acquiring the O2 mobile network.
BT confirmed on Monday...
Amazon and Royal Mail sign post office collection deal, UK
Online retailing giant Amazon and Royal Mail have signed a deal whereby items are delivered to post offices and picked up by customers. Last...
Restaurants will have to post calorie counts on their menus under new FDA rules
Restaurants and large vending machine operators across the US will have to post calorie counts on their menus as part of a series of...