Fed’s comments kill dollar’s rise
After Federal Reserve policymakers publicly expressed misgivings about a strong dollar, the greenback’s recent surge seems to have come to an abrupt end as...
Dairy Queen security breach involving payment card data announced
Berkshire Hathaway subsidiary Dairy Queen announced on Thursday that a security breach involving customers’ payment card data has occurred at 395 of its restaurants...
UK construction output fell 3.9 percent in August
UK construction output declined by 3.9% in August compared to July, the Office for National Statistics (ONS) informed on Friday. The ONS pointed out...
UK trade deficit shrinks in August to 1.9 billion pounds
The UK trade deficit in goods and services shrank in August to £1.9 billion from £3.1 billion in July, the Office for National Statistics...
Murphy steps down from Gap, Peck steps up
Glenn Murphy is stepping down as CEO of American multinational clothing and accessories retailer Gap Inc., while nine-year veteran head of the retailer’s digital...
Symantec splitting into two separate firms
American technology firm Symantec Corporation announced on Thursday that it will split into two separate companies. The maker of Norton antivirus says it will...
Pepsico profits rose 5 percent in third quarter
PepsiCo posted a 5% increase in profits for the 3rd quarter, driven by strong sales overseas, despite a difficult environment, the company announced on...
Auxilium Pharmaceuticals accepts Endo International’s takeover bid
Auxilium Pharmaceuticals Inc. says it accepts Endo International Plc’s acquisition offer. The Chesterbrook-based company says it has terminated its deal to take over QLT...
Bank of England holds interest rate at 0.5%
The Bank of England's Monetary Policy Committee (MPC) voted on Thursday to keep the UK’s benchmark interest rate at its record-low of 0.5%. The...
Now is time to strengthen growth, say German economists
Now is the time to strengthen growth and create a more favorable investment environment, four German institutes said on Thursday. Germany needs a more...