“The outlook for global growth has weakened since August”. However, a slowing in the United Kingdom economy and challenges in areas such as China make further reductions in forecast United Kingdom economic growth more likely than upside revisions.
Data indicated that Canada’s imports fell for the first time in five months, narrowing the nation’s merchandise trade deficit for September, confirming that Canada, the world’s 11th largest economy, is finding its footing after lower oil prices shocked the...
In the midst of alleged intolerance in the country, former prime minister Dr Manmohan Singh on Friday expressed his sorrow over the way NDA government handled the raging issue.
A New York jury on Thursday convicted two ex-Rabobank Groep traders of rigging a key financial benchmark in the first such USA trial since the government pledged in September to hold bankers accountable for wrongdoing. The US Department of Justice came to an arrangement with...
The Bavarians struck three times in the first half through Robert Lewandowski, Thomas Mueller and David Alaba to avenge their 2-0 loss in London last month – their only defeat this season – and underline their title aspirations.
Financial markets are pricing in a 50 percent probability that the Fed will increase its main interest rate to 0.25 percent or even 0.50 percent from the current 0.125 percent on December 16, according to data compiled by CME group. For years everyone has been anticipating a...
Drug giant AstraZeneca (LON:AZN) has unveiled a US$2.7bn takeover bid for U.S. drug developer ZS Pharma, marking the latest move in a wave of M&A in the sector.
Ralph Lauren Corporation (NYSE:RL): On Tuesday heightened volatility was witnessed in Ralph Lauren Corporation (NYSE:RL) which led to swings in the share price.
You may also be familiar with the converse phenomenon of the “daddy bonus”, in which men are viewed as more responsible after becoming fathers and are therefore rewarded with higher pay and promotions. “Men dominate higher paying jobs, engineering, construction...
“You are one of the most shareholder-oriented CEOs I know”, Ackman wrote to Pearson in an email seen by Reuters. This is indeed a judgment call, and I respect the board’s decision in this regard.