Volkswagen emissions scandal a “well thought-out crime”, says govt
December 11, 2015
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Volkswagen emissions scandal a “well thought-out crime”, says govt

Ambuj Sharma, additional secretary in the Ministry of Heavy Industries, told Automotive News that the…

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BoE’s MPC Decision: Downside inflation risks could cause delays to rate hike
December 11, 2015
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BoE’s MPC Decision: Downside inflation risks could cause delays to rate hike

Inflation as measured by the Consumer Prices Index (CPI) stood at -0.1% in October and…

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Jacob Zuma sacks finance minister
December 11, 2015
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Business

Jacob Zuma sacks finance minister

The South African Property Owners Association (Sapoa) has expressed their disappointment at the decision by…

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Tesla competitor Faraday Future is planning its own Nevada factory
December 11, 2015
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Business

Tesla competitor Faraday Future is planning its own Nevada factory

Gov. Brian Sandoval has announced a tentative agreement to bring Chinese-backed electric carmaker Faraday Future’s…

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Retailers’ Store Sales Fell 10% Last Weekend, ShopperTrak Says
December 11, 2015
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Business

Retailers’ Store Sales Fell 10% Last Weekend, ShopperTrak Says

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South African president removes finance minister, rand falls
December 11, 2015
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Business

South African president removes finance minister, rand falls

“It’s a reflection of the near utter incompetence of the President (Jacob Zuma) to remove…

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Bank of England ends 2015 with interest rates on hold
December 11, 2015
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Business

Bank of England ends 2015 with interest rates on hold

The Monetary Policy Committee kept its main policy rate and the size of its asset…

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Yahoo shake-up may see internet business sold as pressure mounts on boss
December 11, 2015
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Business

Yahoo shake-up may see internet business sold as pressure mounts on boss

On Tuesday, the Wall Street Journal suggested that her job was on the line and…

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Bank set to hold rates at record low
December 11, 2015
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Business

Bank set to hold rates at record low

The decision comes as the US Federal Reserve is poised to make its first interest…

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Yahoo Backs Off Alibaba Spinoff, May Spin Off Core
December 11, 2015
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Business

Yahoo Backs Off Alibaba Spinoff, May Spin Off Core

With Yahoo apparently having changed its plans due to technical and tax-related reasons, James Angel…

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