The benefit claimant figures actually fell in the UK following the country's decision to leave the European Union and this bit of fresh jobs data in the country has managed to surprise market analysts when they were released very recently.   The number of people claiming out of work benefits...

A diamond can be grown in days in a laboratory while one in nature takes billions of years to produce.   For De Beers, the holder of a roughly 30 percent share of the market for genuine rough diamonds, protecting its reputation as the world's leading diamond firm by value is fundamentally...

Promotional activity of large companies, which have traditionally been Olympic sponsors, is barely visible at the Olympic Games in Rio de Janeiro. There are no buses, painted in the colors of famous brands, on the streets, and advertising posters and promotions are lost in the multicolored...

After a driver in Tsala car in Beijing crashed in "autopilot" mode and who later complained that the car maker overplayed the function's capability and misled buyers, the automaker removed a Chinese term for "self-driving" from its China website.   The Tesla car that the aforesaid driver was...

The mortgage-guaranty unit of American International Group Inc would be sold to Arch Capital Group Ltd for about $3.4 billion, the former announced on Monday.   The sale of United Guaranty Corp would give $975 million in non-voting common-equivalent preferred stock¸ $250 million in Arch...

According to experts, the European aerospace corporation Airbus could face investigation in the United States. Earlier, British authorities launched a similar investigation on suspicion of fraud, bribery and corruption. The proceedings are related to violations when working with outside...

The confidence of the Canadian telecom companies on the increasing customer appetite for internet service is growing and this has prompted such companies to make a rush to secure cheap money in order to fund acquisitions and big infrastructure projects to take advantage of the situation.  ...

The cleanup of the murky balance sheets of China's banks may already be proceeding apace even though they have long spurred fears of an impending crisis, believes UBS.   "Contrary to prevailing market wisdom, we believe considerable progress has been made in recognizing and dealing with the...

Making inroads into a market Japan Tobacco (JT) relies on for 40 percent of its profit, its e-cigarette has rapidly captured close to 3 percent of Japanese tobacco sales claims Marlboro maker Philip Morris International.   A company spokesman said that the iQOS accounted for 2.2 percent of...