Berkshire Hathaway sells over 245 million shares in Tesco
Warren Buffet’s investment company Berkshire Hathaway has sold over 245 million shares in the UK supermarket chain Tesco.
Berkshire Hathaway used to own 3.7% of...
WH Smith full year profits up by 9%
WH Smith has reported “strong performance”, with a 9 percent increase in full-year profit.
The UK’s leading books, newspaper and stationery chain posted pretax profit...
Low oil prices could halt Canadian tax cuts
The Canadian government will soon have to weigh the risks of declining oil prices before making large tax cuts.
Joe Oliver, Canada’s Finance Minister, has...
Amazon hiring 80,000 new seasonal workers this holiday
Amazon.com said it will be hiring 80,000 seasonal workers this year to work at its US distribution centers, as it embraces for the holiday...
Amazon.ca is Canada’s largest online retailer by far
Amazon.ca launched in 2002 and has since become Canada’s largest online retailer, accounting for seven percent of Canadian e-commerce sales.
According to research carried out...
Shares of airlines plummet amid fears of Ebola virus
Shares of the largest American airlines fell by 5 to 8 percent in afternoon trading amid fears that the Ebola virus could result in...
Netflix shares plummet by 22 percent
Netflix shares plummeted by 22 percent in after-hours trading. The online media giant added a million new members in the US, ending Q3 with a...
US budget deficit shrinks to 7-year record low
Declining unemployment bolstered tax receipts helping the US to post its lowest budget deficit as a percentage of GDP since 2007, and the smallest...
Toyota recalls 1.75 million automobiles due to faulty brakes and fuel components
Faulty brakes and fuel components have led to the recall of 1.75 million vehicles worldwide by Toyota Motor Corporation. The world’s largest automaker says...
Aldermore Bank cancels IPO blaming market conditions
Wilmslow-based bank Aldermore has decided to cancel its planned initial public offering (IPO), citing tough market conditions. The bank is one of many companies...