US Postal service allowed to deliver groceries from 3am to 7am
The United States Postal Service (USPS) has been given the green light by the Postal Service Regulatory Commission to deliver bins of groceries from...
Eurozone recession relapse stark warning by ECB President Mario Draghi
The Eurozone is staring into a recession relapse abyss if leaders fail to step up political action, ECB President Mario Draghi said at the...
ValueAct has 5.7 percent stake in Agrium
ValueAct Capital Management LP has bought a 5.7% stake (almost 8.2m shares) in agricultural products and services retailer Agrium Inc., just eighteen months after...
25 euro area banks failed ECB stress tests
Approximately 25 euro area banks have failed the ECB’s stress tests, say people familiar with the matter. According to sources both in Europe and...
Monarch bought by Greybull Capital
Luton-based airline and leisure travel firm Monarch has been bought by investment firm Greybull Capital, which says it will inject £125 million into the...
Spirit rejects C&C acquisition offer, shares plummet
Dublin-based C&C Group plc suffered an 11% fall in its share price after the English pub and restaurant firm Spirit Pub Company plc rejected...
Is TSB too small to be a Challenger Bank?
TSB Banking Group plc is too small to be a Challenger Bank, British lawmakers have suggested. The “big five” that dominate UK high street...
Chiquita ditches Fyffes and turns to Brazilian firms
Chiquita Brands Inc. has decided to abandon its merger agreement with Dublin-based Fyffes plc and turn to two Brazilian companies, Cutrale and Safra, that...
US stocks had a good week
US stocks had a good week, as companies overall posted encouraging quarterly results. Standard & Poor’s had its best week in nearly two years,...
Amazing excuses workers use to miss work
Would you believe an employee who said he accidentally got onto an airplane, or another who said he or she got stuck in a...