Home Depot beats Street 2Q forecasts
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Home Depot beats Street 2Q forecasts

Excluding some items, profit was $1.71 a share, matching analysts’ estimates.

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Moody”s Downgrades Brazil to Edge of Junk Territory
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Moody”s Downgrades Brazil to Edge of Junk Territory

“Eskom and difficulty in implementing highway tolls to pay back government-guaranteed debt issued by the…

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IRS Admits Data Breach Was Much Worse Than Reported
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IRS Admits Data Breach Was Much Worse Than Reported

The IRS also identified another 170,000 suspected failed attempts by third parties to gain access…

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FCA drops Quindell investigation
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FCA drops Quindell investigation

The scandal-hit company had also yesterday announced the appointment of Indro Mukerjee as chief executive,…

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Moody’s Downgrades Brazil’s Government Bond Rating, Outlook Stable
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Moody’s Downgrades Brazil’s Government Bond Rating, Outlook Stable

“Eskom and difficulty in implementing highway tolls to pay back government-guaranteed debt issued by the…

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Chinese warships head to Russian Federation for drill
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Chinese warships head to Russian Federation for drill

Russian Federation and China held the first stage of the Joint Sea naval drills in…

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China explosions to cost insurers $1.5bn
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China explosions to cost insurers $1.5bn

While the full impact remains to be seen, initial insurance claims could reach $1.5 billion,…

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Lenovo-Motorola starts manufacturing smartphone in Chennai
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Lenovo-Motorola starts manufacturing smartphone in Chennai

The Chinese manufacturer will start manufacturing some of its popular smartphones including the Lenovo K3…

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Bank of England freezes interest rate, but hikes growth forecast
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Bank of England freezes interest rate, but hikes growth forecast

The BoE said its Monetary Policy Committee “voted by a majority of 8-1 to maintain…

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Traffic deaths spike in first 6 months of this year
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Traffic deaths spike in first 6 months of this year

The National Safety Council found they are up 14 percent in the first half of…

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