Economy

London house prices fall in 2017 says Nationwide

London house prices fall in 2017 says Nationwide Overall, Nationwide reported United Kingdom house prices grew by 2.6 per cent previous year compared with a 4.5 per cent increase in 2016. That compares with a 4,5 percent rate recorded in 2016. That's the same month the central bank raised interest rates for the first time in a decade. Property sale signs are seen outside of a group of newly built houses in west London, Britain, November 23, ... [Full Article...]

Aldi hands staff a pay rise after record sales

Aldi hands staff a pay rise after record sales Aldi UK said its top-selling premium products included Aberdeen Angus beef roasting joints and Irish cream liqueur. The retailer sold more than 6.8 million bottles of wine, champagne and prosecco during December - which is equivalent to more than 200,000 bottles per day. [Full Article...]

IndiGo Staff Rude, This Behaviour Should Stop: Parliamentary Panel Slams Airline

IndiGo Staff Rude, This Behaviour Should Stop: Parliamentary Panel Slams Airline By taking the name of Indigo, the leading airline company of the aviation sector, the committee has made a strong comment in its report and has instructed its ground staff and cabin crew to change their behavior. "The ground staff is worse than the cabin crew of the airlines". The committee also brought up the topic of food quality and the in-flight services provided by IndiGo. [Full Article...]

Boardriders to Acquire Billabong

Boardriders to Acquire Billabong Surf's up! Billabong ( OTCPK:BLLAY ) has agreed to a buyout from its top shareholder and major lender Oaktree Capital, which will add the company's brands to its portfolio that includes Quicksilver, Roxy and DC Shoes. "While Billabong has made significant operational progress in recent years, the board is also mindful of the fact that, in the absence of the scheme, Billabong shareholders f... [Full Article...]

Unilever to close Colman's mustard factory in Norwich

Unilever to close Colman's mustard factory in Norwich Britvic's decision had "serious implications" for Unilever, a company spokeswoman said in a statement. It will end 200 years of historic mustard-making in the area although the company says it will maintain a link by opening a new mustard production, packing and milling operation in the Norwich area. [Full Article...]

Irn Bru Fans Are Panic Buying Ahead of a Recipe Change

Irn Bru Fans Are Panic Buying Ahead of a Recipe Change Don't do it - please have a rethink on this". The sugar content of a can of Irn Bru will be cut from eight and a half teaspoons to four, cutting the calorie count from around 140 calories to approximately 65 calories. But the makers of the orange beverage said that the majority of consumers now want to consume less sugar . 'I've had my concerns about artificial sweeteners for a while now - ... [Full Article...]

Environmental Audit Committee Calls On Government For "Latte Levy"

Environmental Audit Committee Calls On Government For The rest are incinerated or buried in landfill sites because they have an inner-lining made of plastic which paper mills struggle to remove. The EAC said it had learnt from this example that consumers were often more responsive to charges than discounts. [Full Article...]

Weak consumer confidence hits United Kingdom auto sales

Weak consumer confidence hits United Kingdom auto sales The industry body blamed the backlash against diesel for undermining efforts to encourage take-up of "cleaner, low emission diesels". SMMT chief executive Mike Hawes said the drop in diesel sales was "the prime cause" of the rise in Carbon dioxide emissions and that the latest low-emission diesels were "vital" in meeting climate change targets. [Full Article...]

N-Out offers first new menu item in 15 years: hot cocoa

N-Out offers first new menu item in 15 years: hot cocoa The drink sticks to the fast-food joint's California roots, using cocoa powder from Ghirardelli Chocolate Co. According to employees, the West Coast burger-chain added hot chocolate to the menu about two weeks ago. A vintage In-N-Out menu board and a current one. The corporate team member said the chain quietly began rolling out the item at the start of the year after testing the hot chocolate i... [Full Article...]

Gander Outdoors store headed to Cedar Rapids after all

Gander Outdoors store headed to Cedar Rapids after all Lemonis said he was keeping about 70 to 75 of the store's 162 locations. Janesville's Gander Mountain closed in mid-2017 after Camping World bought all of Gander Mountain's USA locations. Besides the Grand Chute store, other Wisconsin sites on his opening list include Green Bay, Wausau (Rothchild), Sheboygan, Baraboo, Onalaska (La Crosse), Eau Claire, Waukesha, Janesville, Madison and Kenosha. [Full Article...]

AT&T to roll out 5G in a dozen markets in 2018

AT&T to roll out 5G in a dozen markets in 2018 The 5G service will be launched in more than a dozen cities around the U.S, the company said without naming which ones. They reason is that the sooner they can offer the advantages 5G delivers, including blazing-fast speeds and low latency, the more quickly they can attract new customers. [Full Article...]

Blackberry shares rise on Baidu agreement

Blackberry shares rise on Baidu agreement While it may be many years before we see the majority of customers using self-driving vehicle software, more and more companies are hopping on board and offering their own take on the technology - likely hoping to develop a breakthrough and capture a significant portion of this largely untapped market. [Full Article...]

Ripple Crowning its Co-Founder as one of the Richest people

Ripple Crowning its Co-Founder as one of the Richest people As can be seen from the chart, the coin is now climbing back up, so it may still manage to cross the $1,000 mark once more before the day is out. Chris Larsen, the co-founder and executive chairman of the blockchain company Ripple , saw his net worth soar to $59.9 billion (on paper) on Thursday, according to a report from CNBC . [Full Article...]

FCC Chairman Backs Out of CES 2018 Appearance

FCC Chairman Backs Out of CES 2018 Appearance Wheeler was on his way out, however - his scheduled interview with Shapiro came shortly before the inauguration of Donald Trump, who named Pai chairman. This Obama-era regulation, which the Federal Communications Commission repealed last month , essentially prevented internet service providers from slowing down or speeding up certain websites . [Full Article...]

Marlboro's latest ad campaign: 'quit smoking in the new year'

Marlboro's latest ad campaign: 'quit smoking in the new year' Barrow Hanley Mewhinney & Strauss Llc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $133.94 billion market cap company. The stock has "Buy" rating by Robert W. Baird on Friday, September 29. 3,138 are held by Oarsman Capital Incorporated. Shares for $11.81M were sold by CAMILLERI LOUIS C on Tuesday, October 24. [Full Article...]

Fylde nuclear fuel plant gets new owner in $4.6bn deal

Fylde nuclear fuel plant gets new owner in $4.6bn deal Westinghouse has said it is aiming to exit bankruptcy as soon as March, which would allow Toshiba to book tax benefits in the current fiscal year. The collapse of Westinghouse cost Toshiba some $6.4 billion, forcing the storied Japanese company to admit its financial future was in peril. [Full Article...]

World's safest airlines 2018 revealed

World's safest airlines 2018 revealed The 20, in alphabetical order, are: Air New Zealand , Alaska Airlines , All Nippon Airways , British Airways , Cathay Pacific Airways , Emirates , Etihad Airways , EVA Air , Finnair , Hawaiian Airlines , Japan Airlines , KLM , Lufthansa , Qantas , Royal Jordanian Airlines , Scandinavian Airline System , Singapore Airlines , Swiss , Virgin Atlantic and, Virgin Australia . [Full Article...]

Tesla Misses By a Mile its Model 3 Target

Tesla Misses By a Mile its Model 3 Target Model 3 production is accelerating Tesla had initially predicted to reach the milestone of 5,000 vehicles per week in December, but in November deferred the target to the end of the first quarter. There have been numerous reports indicating that a large number of the Model 3 sedans rolling out of Fremont must be set aside for rework before they can be delivered to customers. [Full Article...]

Sears, Kmart to close 103 stores

Sears, Kmart to close 103 stores The company will close 64 Kmart locations and 39 Sears stores. Employees of the stores on the closure list were informed Thursday. Here's the full list. In 2017, there were 250 other store closings announced. Company spokesman Chris Brathwaite declined to disclose the number of jobs that would be cut, but said an overwhelming majority of them were part-time positions. [Full Article...]

JC Penney holiday sales rise 3.4 percent, shares up

JC Penney holiday sales rise 3.4 percent, shares up Over ten locations are set to be closed this year, including the Macy's at Birchwood Mall in Fort Gratiot Township in MI. It opened its doors in 1898 and was eventually bought out by Macy's , who served customers in the same historic site for more than a century. [Full Article...]


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