Amazon launches same day pickup with Smiths News, UK
In a partnership with Smiths News, part of Connect Group plc., a UK newspaper and magazine wholesaler, Amazon has launched a same-day pick-up service...
Will AbbVie scrap Shire acquisition after tax inversion crackdown?
AbbVie Inc. is seriously considering abandoning the $55 billion acquisition deal with Shire plc after the US government’s crackdown on tax inversions.
The Chicago-based biopharmaceutical...
Intel Corp reports impressive third quarter net income of $3.32 billion
Intel Corp reported third-quarter net income of $3.32 billion, up from $2.95 billion, or 58 cents a share, in the same quarter a year...
Wealthiest one percent own almost half worldwide assets
The wealthiest one percent of people in the world own almost half of all its assets, says the Global Wealth Report 2014, published by...
JPMorgan Chase reports Q3 net income of $5.6 billion
JPMorgan Chase & Co (JPM.N) reported third quarter net income of $5.6 billion, or $1.36 per share.
In the same quarter last year the company...
Condo boom in Toronto is fueling very poorly built projects
Condos are sprouting up across Toronto at astonishing rates, with the largest city in Canada reporting that it has over 100,000 units under construction....
UK inflation dropped to 1.2% in September, lowest rate in five years
UK inflation dropped down to 1.2% in September from 1.5% in August, measured by the Consumer Price Index (CPI), according to the Office for National...
Mulberry issues profit warning after lackluster revenue results
Mulberry, the luxury handbag maker, has informed investors that full year profits will be much lower than expected after lackluster revenue results.
First half revenue in...
Amazon is Google’s biggest rival, says Eric Schmidt
According to Eric Schmidt, Google chairman, the biggest rival to Google is the e-commerce giant Amazon.
Mr Schmidt denied that Google had an unrivaled presence...
UK retail sales falls to a six year low
The warm weather across the UK last month reduced the number of shoppers buying winter clothing, which pushed retail sales to its lowest level in...