A eurozone recession poses huge risk to UK and global economy
George Osborne, Chancellor of the Exchequer, has expressed an ominous outlook of the global economy, saying that there are “serious clouds are gathering on the...
US and UK regulators to participate in bank collapse scenario
Regulators in the UK and the US will be meeting next week to see how they would cope with the the failure of a...
Canadian nuclear plants will provide radiation protection pills to nearby residents
The Canadian Nuclear Safety Commission has stated the radiation protection pills will be pre-distributed to people and businesses that are near nuclear plants. If...
State says Highmark’s new health plan violates consent agreement
The Pennsylvania State Attorney General Office and the departments of Health and Insurance are asking the Commonwealth Court to order Highmark Inc. to allow...
Kmart is the latest retailer to be hacked
Kmart is the latest retailer to be subject to a data beach. The hack has compromised the security of customers' credit and debit card...
Canadian unemployment down to 6.8 percent, a six year low
Canadian unemployment is at its lowest level in nearly six years, down to 6.8 percent in September. According to Statistics Canada, there were 74,100...
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...