EconomyWSJ report: Walmart may lay off hundreds of workersInternational Finance DeskJanuary 12, 2017 by International Finance DeskJanuary 12, 2017 Says the move is an attempt to cut costs and improve efficiency... Read more
EconomyVolkswagen to close $4.3 bn deal for penaltiesInternational Finance DeskJanuary 12, 2017 by International Finance DeskJanuary 12, 2017 This would resolve one of the last obstacles for the company in the US ahead of the inauguration of the new president... Read more
EconomyMexico to maintain dignified approach in talks with TrumpInternational Finance DeskJanuary 12, 2017 by International Finance DeskJanuary 12, 2017 Foreign Minister says will negotiate the US with intelligence and common sense... Read more
Economy‘Immediate risk posed by Brexit has declined’International Finance DeskJanuary 12, 2017 by International Finance DeskJanuary 12, 2017 However, BoE governor says, overall risk level remains Europe... Read more
Economy‘Demonetisation has not hurt Indian economy’International Finance DeskJanuary 11, 2017 by International Finance DeskJanuary 11, 2017 According to the Finance Minister, the country’s tax figures show little disruption due to the cash crackdown... Read more
EconomyUS labour market continues to tightenInternational Finance DeskJanuary 10, 2017 by International Finance DeskJanuary 10, 2017 Wage growth raises inflation expectations... Read more
EconomyUS luxury department store withdraws its IPOInternational Finance DeskJanuary 10, 2017 by International Finance DeskJanuary 10, 2017 This follows plummeting sales at Neiman Marcus in December... Read more
EconomyTesco to lay off 1000 jobsInternational Finance DeskJanuary 10, 2017 by International Finance DeskJanuary 10, 2017 This is part of changes that will reduce the number of distribution centres in UK from 25 to 23... Read more
EconomyEurozone maintains strong momentumInternational Finance DeskJanuary 10, 2017 by International Finance DeskJanuary 10, 2017 Retail sales in November also add to optimism... Read more
EconomyFall in unemployment benefits claimants in USInternational Finance DeskJanuary 10, 2017 by International Finance DeskJanuary 10, 2017 Fewer claims than anticipated in the last week of December... Read more