Business

Extent of damage remains unclear as winds fan BC wildfires

Extent of damage remains unclear as winds fan BC wildfires

The fires, in an area between 150 km to 350 km northeast of Vancouver, have shut copper mines and timber operations in south-central British Columbia and threatened cattle operations. Of those, he says the fires near Williams Lake, Ashcroft and Hanceville are of highest concern. Calmer winds has led to the slower growth of most fires.


IBM revenue is down for the 21st quarter in a row

IBM revenue is down for the 21st quarter in a row

Earnings per share (adjusted) of $2.97, versus of estimates of $2.74 EPS. "We believe IBM faces fundamental challenges in turning around its business, with a combination of top line (legacy MF exposure, cloud impact) and underlying margin pressure".


Porsche may give up on diesels

Porsche may give up on diesels

This information was revealed by Chief Executive of Porsche, Oliver Blume. And it is facing investigations in several other countries. Diesels first appeared on a Porsche back in 2009 when the first generation Cayenne SUV was introduced, now approaching its third, still probably offered with the technology.


New £10 note design unveiled

New £10 note design unveiled

In the novel, Miss Bingley's line was not meant to be taken literally but was said sarcastically. Austen is one of Britain's best-loved authors, who combined romance with biting social commentary that still speaks to fans around the world.


Morgan Stanley's Earnings, Revenue Beat Expectations

Morgan Stanley's Earnings, Revenue Beat Expectations

Morgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc. offset trading declines with gains in other businesses such as commercial lending or private-equity investing. Institutional securities net revenues rose to $4.8bn from $4.6bn a year ago, reflecting strength in equity sales and trading and M&A advisory, and improved results in underwriting, while investment management net revenues increased to $665m from $583m.


Card surcharges to be banned in 2018

Card surcharges to be banned in 2018

Some small shops charge a fee for the use of a card - but they are also have to pay more to the banks for processing such transactions. Campaigners welcomed the move, saying it was great news for consumers. Therefore, some in the Scottish business community will welcome these changes. Gareth Shaw, head of Which? Which? also said that consumer rights under Section 75 of the Consumer Credit Act would be unaffected, meaning that the credit card company is jointly and severally liable for ...