The book caught the imagination of a lot of people with its simple and elegant message — that returns on capital exceed economic growth in the long run, entrenching inequality to an unproductive rentier
KIEV (Reuters) - Ukraine’s parliament on Thursday approved three laws needed to pass a debt restructuring deal that the country’s international backers have described as essential for its financial stability.
(Reuters) - A former Morgan Stanley stockbroker pleaded guilty on Wednesday to insider trading, over a scheme in which an accomplice showed him stolen stock tips on napkins and Post-its in Grand Central
(Reuters) - Oracle Corp’s (ORCL.N) sales fell more than expected in the first quarter, hurt by a strong dollar and a continued drop in licensed software sales and the company warned revenue could fall
The Federal Reserve has spoken, and rates aren't budging — this time. But despite Thursday's announcement, they have nowhere to go but up. It's just a question of when it'll happen. So many consumers asking
Company sells Indian based customer services operation to help reduce debt Serco, the controversial outsourcing group, has finally sold its troubled foreign business processing division at a £45m loss.
SHANGHAI (Reuters) - China’s top economic planner on Wednesday told Chinese firms with good credit to issue bonds in cheaper offshore markets to support domestic investment and major national projects.
US company shedding thousands of jobs as part of plan scheduled to complete next month to split business into two parts. Hewlett-Packard (HP) is preparing to shed up to another 30,000 jobs as the Silicon
With the international price of steel plummeting in the space of just 12 months, and demand growing at a pedestrian pace, the flood of Chinese steel has had a dramatic effect on the UK In January this
In an announcement on Tuesday night, the shipping giant said that effective January 4, 2016, it will increase shipping rates by an average of 4.9% across all of its products. And since right now all markets
Toys R Us said Tuesday that it plans to hire fewer holiday employees than it did last year but will give them significantly more hours in hopes of boosting sales as customers have a better experience.
SAN FRANCISCO — Hewlett Packard said Tuesday afternoon that 25,000 to 30,000 people will leave the enterprise division as part of a planned spinoff. The cuts, meant to cut $2.7 billion in annual costs,
WASHINGTON (Reuters) - Reynolds American Inc can no longer sell Camel Crush Bold or three other cigarette products in the United States because they may be more dangerous than similar older cigarettes,
The French group is scheduled to open an Ibis hotel and a Novotel branch near Tehran’s international airport on 15 October The French group AccorHotels announced on Monday it would become the first international
The Thai owners of the historic Redcar plant on Teesside failed to pay back several loans totalling around £80m to lenders in June One of the UK’s biggest steel plants is locked in a desperate bid for
Preorders for its latest iPhone have been so strong that Apple expects to surpass last year's record, when it sold 10 million phones during the first weekend. Apple began taking preorders for the iPhone
A Credit Suisse sign is seen on the exterior of their Americas headquarters in the Manhattan borough of New York City, September 1, 2015. REUTERS/Mike Segar (Reuters) - Credit Suisse Group AG CSGN.VX pay
Tumbling cost of crude oil, supermarket price war and cheaper clothing offers timely boost to consumer spending Sharp falls in petrol and diesel pulled UK inflation back down to zero last month as tumbling