Next cuts profit outlook after warm weather delayed winter shopping
Next plc has downgraded its annual profit outlook after exceptionally warm weather delayed consumers’ autumn/winter shopping, the British multinational clothing, footwear and home products...
Singapore is the best place in the world to do business
According to a survey by the World Bank, Singapore is still the number one country to do business in.
This is the ninth consecutive year...
Canadians prefer living downtown to the suburbs
Most Canadians prefer living downtown instead of the suburbs, a new PriceWaterhouseCoopers (PwC) report published on Tuesday informs. Once seen as an emerging trend,...
Burger King-Tim Hortons merger cleared by Competition Bureau, Canada
The Burger King-Tim Hortons merger has cleared a key hurdle with Canada’s Competition Bureau issuing a No Action Letter, meaning it sees no antitrust...
Toronto’s Fairmont Royal York Hotel has new owners
Toronto's famous Fairmont Royal York Hotel is being bought by InnVest Real Estate Investment Trust and KingSett Real Estate Growth LP. The two companies are...
UK facing tight winter electricity supplies
UK is facing tight winter electricity supplies after several power stations were closed down. The National Grid plc. informed in a report published on...
US home price gains slow in August, says S&P/Case Shiller
Single-family home prices in the US increased in August on a year-over-year basis. However, it failed to meet expectations, according to a survey carried...
Takata being sued in the US over dangerous airbags
Takata, the Japanese airbag manufacturer, and various carmakers that use its products, are being sued in the US because of allegations that its cars...
CPPIB multi-million Brazilian real estate investment announced
A multi-million Brazilian real estate investment plan has been announced by Canada Pension Plan Investment Board (CPPIB). The 1 billion real ($396 million) decision...
BP third-quarter profit down 19 percent to $3 billion
London-based BP plc posted a third-quarter profit of $3 billion on Tuesday, which was 19% lower than last-year's third-quarter of $3.7 billion. The company...