Tesco had disappointing Christmas sales
Tesco, Britain’s largest retailer and the third largest worldwide, had disappointing Christmas sales, reflecting a change in British consumer habits towards lower prices and...
Rolls-Royce had record year
Rolls-Royce sold 3,630 cars in 2013, the company’s fourth consecutive record and an increase of 1.5% over 2012 (3,575), the carmaker announced.
Rolls-Royce, which is...
Many paying more with Obamacare
Forty-seven percent of Americans with health insurance through their employers report more money being taken out of their wages each month to pay for...
Cleaning paper money to prolong its life
Paper money, such as dollar bills, gradually become dirtier and dirtier as they gather grime, fall onto streets and sidewalks, and eventually get selected...
November Eurozone unemployment stayed stubbornly high
November Eurozone unemployment remained unchanged at 12.1%, a record high since April 2013, with wide differences between the area’s core and peripheral countries, according...
Madoff ties cost JPMorgan $2.6 billion
JPMorgan is to pay $2.6 billion to settle civil and criminal allegations that the bank failed to halt Bernard Madoff’s Ponzi scheme.
JP Morgan Chase...
End oil export ban, US companies say
US oil companies have asked for an end to the country’s oil export ban that has been in force for four decades, ever since...
US trade deficit four year low, November 2013
The US trade deficit hit a four year low of $34.3 billion in November, 2013, as exports rose to a record $194.9 billion and...
UK new car sales 2013 best in 6 years
UK new car sales for 2013 were the best since 2007, according to the Society of Motor Manufacturers and Traders (SMMT).
Mike Hawes, SMMT Chief...
Eurozone inflation fell to 0.8% in December
The Eurozone’s inflation rate dropped to 0.8% in December, 2013, from 0.9% the month before, according to Eurostat, the European Union’s statistical agency.
This...