News

Sir Richard Branson

Sir Richard Branson supports vacations whenever you want

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Sir Richard Branson, the billionaire head of the Virgin empire, supports flexible working. This means staff can take time off whenever they like, and...
RBS

Royal Bank of Scotland reduces Citizens share price

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The Royal Bank of Scotland (RBS) has reduced the price of shares in Citizens Financial Group’s IPO to $21.50 from a $23 to $25...
Starbucks

Starbucks is buying out Japanese partner

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Global coffee company and coffeehouse chain Starbucks Corporation announced on Wednesday that it is buying out its Japanese partner Starbucks Coffee Japan, Ltd in...

PayPal warms up to Bitcoin

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PayPal said on Tuesday that it was partnering with GoCoin, Coinbase and BitPay to allow its merchants to accept Bitcoins for online games, downloadable...
Dallas Fed

Dallas Fed seeking Fisher replacement

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The Dallas Fed is looking for a replacement to take Richard W. Fisher’s place, who said he is retiring in 2015. The bank said...
dove

What is a dove? What does dovish mean in finance?

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In finance a dove is someone who believes that the best way to encourage economic growth is through monetary policies that involve keeping interest...
Garmany

Business confidence drops in Germany

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German business confidence has declined following plans by the European Central Back to make more of an effort in its eurozone recovery. The Ifo Business...
TNT Express

TNT Express issues profit warning

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The Dutch mail delivery and logistics services company, TNT Express issued a profit warning on Wednesday, citing difficult trading conditions in Europe. The company...
GM

General Motors forecasts over 3 million vehicle sales in China

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General Motors forecasts more than three million vehicle sales in China in 2014, with premium brands increasing by about 40%, Mr. Matthew Tsien, GM...
United Kingdom

UK public deficit increases in August

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The UK public deficit increased to £11.6 billion in August 2014 compared to £11 billion in August 2013, the Office of National Statistics informed...