Sears Canada and JPMorgan end credit card issuing deal
When Sears Canada Inc. and JPMorgan Chase & Co. end their credit-card issuing deal next year in November, the bank will not renew the...
Boeing and Toray agree on $2.6 billion light carbon fiber partnership
Boeing Co. and Toray Industries Inc. agreed on a $2.6 billion deal for additional supplies of lightweight, superstrong carbon fiber from the Japanese company...
Eurozone trade surplus more than doubles in September
The Eurozone’s trade surplus in September more than doubled to €18.5 billion compared to €8.6 billion in August , according to data published on...
Virgin Cruises gets massive investment from Bain Capital
Virgin Cruises and Bain Capital LLC have agreed on an investment deal involving hundreds of millions of dollars. The Boston, Massachusetts-based alternative investment firm...
Serco Chairman falls on his sword and steps down
Alastair Lyons, Chairman of Serco Group plc has fallen on his sword, announcing on Monday that he intends to step down as soon as...
Carney urges bankers’ fixed pay and bonus overhaul
Mark Carney, Governor of the Bank of England, says regulations covering bankers’ fixed pay and bonuses need to be overhauled by regulators so that...
House prices fall 1.7% in November as sellers compete, England and Wales
House prices in England and Wales declined by -1.7% in November as sellers compete more fiercely ahead of the quieter winter, says a report...
Japan falls into a recession, GDP fell by 1.6% in third quarter
The Japanese economy fell into a recession in the third quarter, according to government data released on Monday, with gross domestic product falling at...
Algae bloom continues to contaminate Great Lakes drinking water
The algae bloom problem in the Great Lakes continues to be a threat to drinking water in the area. As a result the US...
Actavis offers to acquire Allergan in a deal worth up to $65.5 billion
Allergan Inc. is nearing a deal to be acquired by the Irish company Actavis, which would prevent a hostile takeover by Valiant Pharmaceuticals International....