admin July 20, 2018

North Korea’s economy has shifted into reverse following the introduction of crippling international sanctions targeting its nuclear weapons program. Estimates released by South Korea’s central bank show that North Korea’s economy shrank by 3.5% in 2017. This year is likely to be even more dire. The isolated state does not publish its own growth figures. […]

admin July 20, 2018

General Electric is transforming itself for the future, but the iconic company is still dogged by major problems from the past in its power division. Profit at GE Power plunged 58% during the second quarter as orders for gas turbines tumbled, GE (GE) said on Friday. The slump at GE Power, the company’s largest division […]

admin July 20, 2018

The U.K. Competition and Markets Authority said Friday that Experian PLC’s (EXPN.LN) 275 million pound ($358.1 million) acquisition of ClearScore Ltd. may reduce competition for people who want to check their credit score, and is seeking a remedy from the companies to address its concerns. Source link

admin July 20, 2018

IHOP never really changed its name. A splashy social media campaign deployed last month to promote its new line of burgers only made it look like IHOb was the company’s new moniker. But Darren Rebelez, president of IHOP, wants its customers to know that it is just as committed as ever to serving up pancakes, […]

admin July 20, 2018

LIKE other countries, China has bureaucratic infighting. But it does better than most at keeping tussles hidden from outside view, especially under Xi Jinping, a president who brooks no dissent. So it has been highly unusual to see a spat between the central bank and finance ministry spill into the open. It reveals cracks in […]

admin July 20, 2018

CHEERS erupted from Calais to Cannes when Kylian Mbappé, a 19-year-old striker, thumped in France’s fourth goal in the World Cup final on July 15th. Among the smuggest onlookers were the accountants at Paris Saint-Germain, Mr Mbappé’s club. He was already a prized asset before the tournament, having broken the record for goals scored by […]

admin July 20, 2018

Not even pet insurance is safe from Wells Fargo’s scandals. Wells Fargo (WFC) has begun refunding customer who were harmed when the bank charged them for products including pet insurance, legal services, home warranties and other forms of insurance, a person familiar with the matter told CNNMoney on Thursday. An ongoing review at Wells Fargo […]

admin July 20, 2018

CHEERS erupted from Calais to Cannes when Kylian Mbappé, a 19-year-old striker, thumped in France’s fourth goal in the World Cup final on July 15th. Among the smuggest onlookers were the accountants at Paris Saint-Germain, Mr Mbappé’s club. He was already a prized asset before the tournament, having broken the record for goals scored by […]

admin July 20, 2018

TO PAY for his professional flight degree at Purdue University in Indiana, Andrew Hoyler had two choices. He could rely on loans and scholarships. Or he could cover some of the cost with an “income-share agreement” (ISA), a contract with Purdue to pay it a percentage of his earnings for a fixed period after graduation. […]

admin July 20, 2018

China’s currency is plunging again. But how low will it go? The yuan weakened almost 1% against the US dollar on Thursday to hit its lowest level in a year. It has now fallen by nearly 8% over the past three months amid a global trade spat and concerns over an economic slowdown in China. […]