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Private sector output suffers biggest drop since May | London Business News

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Ontario Securities Commission to pay $7.5M to three whistleblowers

OSC chief executive Maureen Jensen says the whistleblower program has proven to be a "game-changer" for the commission's enforcement efforts, but would not be s...

Oprah Winfrey could lose millions in Weight Watchers investment

Despite the hit, Bloomberg estimates Oprah's net worth at $3.4 billion. Analysts polled by FactSet had been expecting $3.38 a share. Revenue will be about U...

Shares Fall 28 Percent After Kraft Heinz Writes Down $15 Billion

The stock underperformed the S&P500 by 39.18%. The rating was downgraded by Deutsche Bank to "Hold" on Tuesday, February 5. The company rating was downgraded by...

MPs' basic pay to increase to £79,468

She said MPs can not refuse the rise and she is angry that at a time of deep division in the country, this does nothing to help heal rifts. The rise follows a...

Billionaire list shows $1T hit from 18 market meltdown

Even so, the country is still home to more billionaires than the United States, which lays claim to 584, according to CNN via the wealth research firm Hurun Re...

Australian construction work digs a hole for the economy in fourth quarter

Total construction in seasonally adjusted terms fell 3.1 per cent over the quarter, compared with expectations of a marginal rise. The big decline (and big mi...

Cory Booker Bill Would Legalize Pot Across US

With the support of several of his rivals for the 2020 Democratic presidential nomination , New Jersey Sen. Elizabeth Warren (D-Mass.), Sen. All of them ha...

Amtrak train stranded for more than 36 hours arrives at OR station

Passenger Marcia Trujillo said after leaving the train: "We really wanted for nothing except for maybe some place comfortable to lie down and a shower". "Especi...

GDP growth slows to 5-quarter low of 6.6 pc in Q3

But Thursday's data still enables India to retain the tag of the fastest growing major economy in the world as China grew 6.4% in the same quarter. The Chinese ...

Tesla closing all stores

Still, the price drop could quell concerns from some analysts that demand for the higher-priced versions of the Model 3 was beginning to dry up, especially af...

Huawei pleads not guilty to charges of stealing T-Mobile secrets

In 2017, a Seattle jury ruled in favor of T-Mobile in a related suit against Huawei and awarded the telecommunications company $4.8 million. The pleas follo...

Gap, Old Navy splitting; 230 stores to close

Its shares surged more than 20 percent in after-hours trading on the news. "Following a comprehensive review by the Gap Board of Directors, it's clear that Ol...

USA to delay further tariffs on Chinese goods

A top US business lobby in China said on Tuesday that a majority of its member companies favored the United States retaining tariffs on Chinese goods while ...

Fed's Powell Testifies to House Panel as New Members Join Debate

But he also cited growing uncertainty amid trade talks with China. "We going to be in a position.to stop runoff later this year", he said , adding that doing...

United States economy grew 2.9% in 2018 but shows signs of slowing

He'll probably have much less to say about the new data , released this morning. The U.S. economy slowed in the final three months of previous year to an ann...

YouTube suspends comments on videos of kids

In addition to disabling comments from videos with kids, YouTube said it also is developing an "even more effective classifier" created to better identify and r...

Hyundai, Kia recall over 500K vehicles due to engine fire risk

The company is recalling close to 379,000 of the vehicles, from model years 2012 through 2016 with 1.6 liter engines. Levine said Kia denied fire problems w...

Chicken nuggets recalled over possible salmonella risk

The recall is for the 1.5 kg. bags of chicken nuggets. The affected products were sold in every province and territory except Quebec, the agency said Wednesd...

Victoria’s Secret will close 53 stores as struggles mount

The announcement comes after the release of owner L Brands' fourth-quarter results , which revealed in-store sales were down by 7% during the holiday quarter, ...

Home Depot forecasts poor 2019 earnings as US housing momentum slows

Shares fell 3.3 per cent Tuesday before the opening bell. The extra week was not included in the same-store sales calculations. TESLA TUMBLES: Tesla fell 1.3 ...

Martha Stewart to work with Canopy Growth in developing hemp-based products

Canopy announced Thursday's agreement with Sequential Brands Group Inc, which owns the Martha Stewart brand of media and merchandising properties. "It's rea...

U.S., China trade talks still need heavy work to reach deal

The two sides have imposed tariffs on billions of dollars' worth of each other's products. Crude rallied after US inventories unexpectedly plummeted and as Sa...

Aston Martin shares dive by 18% on losses

The luxury auto firm also said it would set aside up to £30m as part of its contingency planning for a no-deal Brexit . It had also recruited a chief purch...

USA economy grew at 2.6% rate in fourth quarter

The 2.6% rate for the quarter is down from the previous two quarters, but the tally, which will be revised in the coming months, was a little better than expect...

McDonnell says amendment for second Brexit referendum could happen early

Opposition Labour Party leader Jeremy Corbyn is now understood to want a public vote [AP]"We will also continue to push for the other available options to preve...

Sensex, Nifty extend losses as India-Pakistan tension escalates

Pakistan on Wednesday claimed that it shot down two Indian military aircraft over Pakistani air space and arrested one of the pilots. Later in the day, the ext...

Vietnamese Prime Minister on hosting US-North Korea Summit

He and Kim renewed their acquaintance Wednesday night over a dinner of grilled sirloin and pear kimchi. Bamboo plans to launch its first worldwide flights i...

Peterborough MP Fiona Onasanya released from prison

The MP for Peterborough, 35, who is also a solicitor, was swept out of HMP Bronzefield in Surrey early this morning after 28 days in custody. Onasanya, who wa...

Honda e Prototype is a production-bound Urban EV for Europe

It said the whole e Prototype package makes it ideal for the urban environment. For example, it features rear doors with "hidden" handles and smaller, front-h...

French furious as Dutch seize 12.7% stake in Air France-KLM

Diplomatic tensions erupted between France and the Netherlands today after ministers in The Hague said that they had taken a stake in Air France-KLM, the Franco...