UK retailers embrace 'Black Friday' discounts

Britain's high streets, malls and online sites were awash with discounts on Friday as more retailers than ever embraced U.S.-style "Black Friday" promotions, seeking to kickstart trading in the key Christmas period.

Sole Mio Visit Amazon's Peterborough Fulfilment Centre During Black Friday Deals Week

Honda says defective Takata air bags in 2002 used different design

Honda Motor Co said it was aware of a ruptured Takata air bag inflator in a car that was covered by a 2002 recall but the inflator design was different from one that ruptured in a 2004 accident.

Four Automakers Recall Over 3 Million Vehicles Worldwide Over Airbag Issue

Barclays says its Swiss private bank drops out of U.S. tax deal

Barclays' private bank in Switzerland has dropped out of a U.S. program aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday.

Brooklyn Bids To Host The Democratic National Convention



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Obama administration criticizes potential tax extender deal

Obama Announces Resignation Of Chuck Hagel As Defense Secretary

The Obama administration on Monday criticized a potential deal in Congress to extend expiring tax breaks as "fiscally irresponsible," arguing that lawmakers would be favoring businesses over working families.

Samsung Electronics to buy back $2 billion in shares

Christmas Lights In Paris

South Korea's Samsung Electronics Co Ltd (005930.KS) on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.

HP fourth-quarter revenue drops on weak enterprise demand

Hewlett-Packard Plans To Eliminate 24,600

Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.

Thomas Cook hit by shock CEO departure, slowing growth

Thomas Cook airplanes

British holiday company Thomas Cook (TCG.L) said chief executive Harriet Green had been replaced by its chief operating officer, the abrupt departure of a woman credited with reviving the business sending its shares tumbling.

Discover Financial sues Visa over anti-competitive card practices

220,000 Stores Start Accepting Apple Pay

Discover Financial Services Inc sued Visa Inc on Tuesday, alleging the world's largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed.

Banking culture breeds dishonesty, scientific study finds

Australia's Reserve Bank Keeps Interest Rates On Hold

A banking culture that implicitly puts financial gain above all else fuels greed and dishonesty and makes bankers more likely to cheat, according to the findings of a scientific study.

GlaxoSmithKline Factory

GlaxoSmithKline fires executive who raised race complaint in South Africa

Britain's biggest drugmaker, GlaxoSmithKline Plc, fired an executive from its South African unit for refusing to appear for a performance review, which was called a week after he complained of racial discrimination in the workplace, Bloomberg reported, citing company documents.

TEPCO Begins Removing Nuclear Fuel at Fukushima Plant

Fukushima workers still in murky labor contracts: Tepco survey

The number of workers at Japan's Fukushima nuclear plant on false contracts has increased in the last year, the station operator said, highlighting murky labor conditions at the site despite a pledge to improve the work environment.

President Obama Announces Janet Yellen As His Choice To Chair Federal Reserve

Yellen's 'optimal' model calls for rate hike this year, in theory

Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen's own priorities points to a rate increase by the end of this year.

A Shell Station in Cambridge, MA

Low expectations for oil output cut as OPEC meets

Gulf oil producers led by Saudi Arabia are expected to press the case on Thursday for not yet cutting OPEC output, despite calls from some members of the group to bolster sagging prices by removing surplus crude from the market.

Indian Prime Minister Manmohan Singh Visits China

India's GDP growth set to weaken, business wants reforms more than rate cut

Anticipating data out on Friday will show weakening economic growth, India's finance ministry will argue for an interest rate cut, but bankers and company executives say the key to recovery lies in how fast Prime Minister Narendra Modi acts on reforms.

Gov. Brown Signs Legislation At Google HQ That Allows Testing Of Autonomous Vehicles

Behind Google's Europe woes, American accents

When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.

Toyota Recalls More Than 2 Million Vehicles In US

Toyota recalls more cars for dangerous Takata air bags

Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, as a safety crisis around the Japanese auto parts maker looks far from being contained.

G20 Leaders Meet In St. Petersburg For The Summit

Argentina president, back after sick leave, vows to fight hedge funds

Argentina's President Cristina Fernandez returned to the public stage in fighting form on Tuesday after a 3-week break due to an infection, declaring in a speech to businessmen she would not be held ransom by hedge funds suing the country.

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