Rolls-Royce says revenues are falling because of Russian Sanctions
Rolls-Royce has issued a warning that it will not be returning to growth in 2015 because of Russian trade sanctions and the gloomy outlook...
BHP Billiton will list its $15 billion spin-off in London
BHP Billiton has caved into pressure from UK investors to list its yet-to-be-named $15 billion spin-off of unwanted assets (mining activities that BHP does...
Yucca Mountain is a safe nuclear waste site, says NRC report
Permanent closure plans for Yucca Mountain met all safety evaluation objectives before Obama cut the plug on the Nevada waste dump, according to federal...
Capital One posted drop in third-quarter profit and revenue
Capital One Financial Corp posted a decline in third-quarter profit, affected by loan-loss provision and a marginal drop in revenue. Earnings were consistent with...
Google third quarter revenue up 20 percent to $16.52 billion
Google reported third-quarter revenue of $16.52 billion, up from $13.75 billion in the year-ago period.
However, the company revealed somewhat slow advertising growth, and a...
TSX rebounds, Canadian energy stocks spike
Canadian stocks have recovered and rebounded from a four-day slump, with energy stocks surging amid increasing speculation that recent losses were overdone.
The Standard &...
AbbVie board tells shareholders Shire acquisition not a good idea
US giant drugmaker AbbVie Inc’s Board of Directors has advised its shareholders not to vote in favor of the $54 billion acquisition of Shire...
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...