If you're not all Creme Egg-ed out already on your hunt to track down a white version of the Easter treat, then prepare yourselves, because the iconic Cadbury treat now also comes in cake form. Combining the beauty that is Creme Egg's gooey centre with spongy chocolate cake, the brand new Creme Egg cupcakes have […]
Sainsbury's and Asda have proposed to sell off between 125 and 150 supermarkets on the back of concerns raised by the Competition and Markets Authority (CMA) over the potential merger. A number of convenience stores and petrol stations are on the line, just days after both supermarkets vowed to deliver £1 billion in savings to […]
(Reuters) – Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season because of low spending by Chinese tourists and weakness in Europe and at home. Weakening economic growth in China, especially against the backdrop of an ongoing trade […]
For weeks, analysts have speculated that Tesla has seen a marked drop in sales since the beginning of the year, and the electric-car maker’s recent gyrations on price cuts and cost-saving initiatives have only bolstered their suspicions. Recently compiled data on new-car registrations from a large portion of the United States seems to offer further […]
COMBINED LOCKS, Wis. — As he watched the No. 7 paper machine hiss and hum for what he thought was the last time, Rick Strick felt a lump well in his throat. It was Sept. 21, 2017, and the paper mill that had employed Mr. Strick, his father and his grandfather was shutting down after […]
London (Reuters) – German 10-year bond yields crashed briefly below zero while European shares and the euro fell on Friday after another set of disappointing German economic data added to fears of a global slowdown prompted by this week’s dovish turn by the U.S. Fed. Yields in Germany’s 10-year government bond turned negative for the […]
The British army has set up a command centre in an underground bunker as part of contingency plans for the UK crashing out of the EU without a deal. The Ministry of Defence (MoD) said it had committed to holding 3,500 troops at readiness to help the government with any disruption after a no-deal departure […]
SINGAPORE – The Minister in Charge of the Monetary Authority of Singapore (MAS) has reduced a prohibition order (PO) against former Citibank relationship manager Zheng Xuemei from two years to one year, following her appeal. The PO bars individuals from working in the financial industry. Ms Zheng was handed the PO for falsely telling her client that his structured note was called […]
TOKYO (Reuters) – Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve’s cautious outlook on the world’s biggest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, led by […]
Standard Chartered Bank (StanChart) will inject more than US$2.5 billion (S$3.38 billion) in common equity tier 1 (CET1) capital into its locally incorporated unit as part of a business transfer. The new capital, together with the bank’s transition to advanced modelling for risk-weighted assets, will increase the bank’s capital position by about three times, it […]