Warm weather and sporting victories boosted sales of retailers in the UK this July. Warm weather and sporting victories boosted sales of retailers in the UK.
Industry
Obama proposes overhaul of US mortgage system
President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.
Mexicans may wait for a long time before reforms can be felt: economists
Economists warned that while the economic reforms of President Enrique Pena Nieto are crucial to increasing wages, Mexicans would have to wait before impact would be felt.
CORRECTED: Snowden-used Lavabit, Silent Circle email services shut down after US gov't order
Encrypted email platforms Lavabit and Silent Circle shut their services down after refusing to cooperate with the US government on data surveillance.
Wells Fargo and Amex join forces
Wells Fargo Bank and American Express credit cards have agreed to offer a credit card to the consumer credit market.
Latest News
According to data by the Financial Supervisory Service, Chinese investments in South Korea's local securities increased 42 times since late 2008.
The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.
The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.
Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.
The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.
While there is still no winner for the Powerball, the winnings may not be a solution but a future problem.
The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.
Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).
