News

home start

US new home construction rose 4.4 percent in December

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There was a rebound in the construction of new homes in December, making 2014 the most active year in new home construction since the...
S&P logo

S&P faces year ban from the commercial mortgage backed securities market

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Ratings agency Standard & Poor’s is facing a year-long ban from the commercial mortgage backed securities market because of misleading ratings it issued in...
Starbucks

Starbucks introducing wireless charging stations in London

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Ten Starbucks locations in London will install Powermat wireless charge stations, allowing customers to wirelessly charge their phones and tablets. The move is part of...
Sir John Sawers

Tech firms and spy agencies must work together, says ex-MI6 chief Sir John Sawers

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Former MI6 chief Sir John Sawers says technology firms and British intelligence agencies must work together and agree on data-sharing to halt terrorism. This...
David Cameron

David Cameron disagrees with the Pope regarding press freedom

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Free press includes offending other religions and not expecting a punch, British Prime Minister David Cameron said, which contradicted what the Pope said. The...
Wine

British to spend more on wine than the French

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The British are expected to spend more on wine than the French, which would make the UK the second largest wine market after the...
ford logo

Ford Mustang is going global in 2015

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The Ford Mustang, an iconic American muscle car, is going global this year. Ford announced at the North American International Auto Show that it’s...
Talisman Sinopec

Talisman Sinopec Energy to cut 300 North Sea jobs in wake of oil price...

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North Sea Oil & gas exploration and production company Talisman Sinopec Energy UK announced it would reduce its workforce by about 300 because of...
spacex logo

Google and Fidelity invest $1 billion in SpaceX

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Google and Fidelity Investments have invested $1 billion in Elon Musk’s space venture SpaceX, giving the two companies a combined stake of nearly 10%. The...
goodlife fitness

GoodLife plans on acquiring Target locations across Canada

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GoodLife Fitness is exploring the option of acquiring soon-to-be-closed Target locations to expand its presence across Canada. It is also offering job opportunities to Target...