Business

Watchdog to consider crackdown on £2 billion UK funeral market

The regulator will also look at funeral prices and cremations, although it will not look at pre-paid plans. Their offers include pre-paid funeral plans that l...


Emergency airplane landing due to passenger odor

Many planes have been forced to make emergency landings due to medical emergencies or technical difficulties. The crew's efforts proved futile, however, lea...


Amazon vs. consumers on the Aussie shutout

The tax now only applies to purchases above AU$1,000 ($757). The good news for Amazon is that this will help drive traffic to their Australian website, which ...


'Troubled' Deutsche Bank backed by key investor after S&P downgrade

Deutsche Bank AG (NYSE:DB) reported its EPS in the last quarter as $0.38/Share beating the analyst estimate of $0.36/Share by a difference of $0.02. The Euro...


Air India sale gets no bid, exposes hurdles for Modi's divestment drive

The bid was especially crucial since the central government's goal to retain the fiscal deficit was already under pressure from giveaways to farmers and other w...


Sault and area tickets win $2 million

Marie, Toronto the Sault Ste. One ticket sold in the Sault shared a $1 million prize in the May 25 draw with a ticket purchased from Quebec. The BCLC conduc...


Network Rail and GTR admit timetable overhaul has 'gone wrong'

A rail firm that compared its poor service to chocolate from Poundland has been threatened with legal action by the discount chain. "There's no excuse whats...


Samsonite CEO Ramesh Tainwala Is Out After Being Caught Padding His Resume

Blue Orca's report was its first after it was founded earlier in May by Soren Aandahl, formerly the chief investment officer at another short-seller, Glaucus Re...


2.3 million workers to get pay rise

The 3.5% increase is well above 1.9% inflation, meaning a real rise in wage growth of 1.6% for Australia's lowest paid workers. Although the national minimu...


U.S. oil inventories increase last week

South Korean refiners such as SK Innovation Co. and GS Caltex Corp. have recently bought millions of bbl of everything from U.S. WTI to Eagle Ford and Bakken cr...


US crude oil eases on record production

Oil in NY headed for a second weekly loss as USA output surged, pushing the American marker to near its weakest level in more than three years against global be...


General Motors and SoftBank to join hands and invest in GM cruise

GM's board chair and chief executive , Mary Barra , has been able to harness all three. GM says it will invest $1.1 billion in Cruise once the SoftBank ...


The FCA takes aim at bank overdrafts in high-cost credit review

In addition, the FCA is consulting on banning the sale of extended warranties at point of sale; this could save consumers up to £7.7 million per year. "As the F...


ANZ bank denies ‘criminal cartel’ allegation in Australia

Deutsche Bank and Citigroup Global Markets Australia are the two other companies against which ACCC expects charges to be laid. The Melbourne-based lender sa...


Rail operators apologise over timetable disruption in West Norfolk

The mayor was due to meet with Secretary of State Chris Grayling yesterday to see what the Government can do to improve the service. Charles Horton, CEO of ...


Qantas and Air New Zealand pact is a body blow to Virgin

Air New Zealand and Virgin had a joint venture on routes between the two countries and codeshare on domestic flights. The tie up also marks a shift in airline...


Australia's minimum wage to rise 3.5 percent, no inflation pressure seen

Fair Work Commission: The increase we've decided on won't lead to inflationary pressure. "However, such an increase will mean an improvement in the real wages...


United States imposes hefty tariffs on steel, aluminium imports from key allies

Canada announced plans to slap tariffs on $12.8 billion worth of USA products, ranging from steel to yogurt. The EU's planned measures hit U.S. exports ru...


Sears store in Eau Claire will remain open

At its peak in the 2000s, there were 3,500 Sears stores and 2,171 Kmart locations throughout the country. This compares to $245 million reported for the first...


Fiat Chrysler's five-year road map

Regarding media speculation that there would be discussion of ending the Chrysler brand , Marchionne dismissed it as "talking nonsense". But as he announced th...


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