Asda hits ‘nadir’ as sales tumble 4.7pc in second quarter
August 18, 2015
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Asda hits ‘nadir’ as sales tumble 4.7pc in second quarter

“We’ve certainly hit our nadir”, he told reporters on Tuesday, added that he had seen…

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Shell gets US nod to drill for Arctic oil
August 18, 2015
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Business

Shell gets US nod to drill for Arctic oil

This approval means the Obama administration is leaving the fate of the Arctic up to…

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Thai prime minister promises to find bombers
August 18, 2015
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Thai prime minister promises to find bombers

Thailand’s Deputy Prime Minister Prawat Wongsuwan said the attack was designed to destroy the country’s…

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American flag raised in Cuba
August 18, 2015
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Business

American flag raised in Cuba

The first US secretary of state to visit the Caribbean island in 70 years, Kerry…

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US producer prices rise for third straight month
August 18, 2015
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Business

US producer prices rise for third straight month

Prices of food and non-alcoholic beverages slid 2.7 percent annually in July and transport cots…

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Canadian dollar falls to 76.23 cents
August 18, 2015
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Business

Canadian dollar falls to 76.23 cents

Canadian stocks resumed their slide, tumbling for the fourth time in five sessions, as crude…

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LG Display to focus investment on OLED in next-generation push
August 18, 2015
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Business

LG Display to focus investment on OLED in next-generation push

Ltd. (LPL) said Monday it plans to spend 10 trillion won, or $8.46 billion, to…

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Home Depot beats Street 2Q forecasts
August 18, 2015
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Business

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
August 18, 2015
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Business

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
August 18, 2015
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Business

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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