under-pressure

Scotland says to unveil single market Brexit plan this week

Scotland will publish proposals this week for how it can remain in the European single market after Britain leaves the European Union in order to avoid the “national disaster” of a “hard Brexit”, the Scottish government said on Sunday. While the United Kingdom as a whole voted to leave the EU in the June 23 referendum, Scotland strongly backed remaining in the bloc. “In line with …

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Scotland says to unveil single market Brexit plan this week

under-pressure

Economy pays tab for Japan Inc’s free lunch on overtime

Japanese workers put up with long hours and unpaid overtime under pressure from cost-saving companies, and figures from government, which wants more money in workers' pockets to boost consumer spending, appear to underestimate the problem. Prime Minister Shinzo Abe is trying to enact labor reforms as part of his “Abenomics” plan to end decades of stagnant growth and deflation. Government data shows that Japanese work an average of 14.2 hours of overtime a month, but 2,000 respondents …

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Economy pays tab for Japan Inc’s free lunch on overtime

under-pressure

Bass Pro consortium in the lead to acquire Cabela’s: sources

A consortium of Bass Pro Shops, Goldman Sachs Group Inc's private equity arm and Capital One Financial Corp is in the lead to acquire U.S. outdoor gear retailer Cabela's Inc , according to people familiar with the matter. It would come close to a year after Cabela's said it would explore strategic alternatives, including a potential sale, after coming under pressure from activist fund Elliott Management Corp. The exact price the Bass Pros consortium

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Bass Pro consortium in the lead to acquire Cabela’s: sources

under-pressure

Oil rallies as fears over Brexit abate

Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week. Three opinion polls ahead of Thursday's vote showed the 'Remain' camp recovering some momentum, although the overall picture remained one of an evenly split electorate. Investment safe havens such as gold, the U.S. dollar, German bonds…

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Oil rallies as fears over Brexit abate

under-pressure

Oil hovers near 11-year lows on abundant supply, slowing demand

Oil prices steadied not far off their 11-year lows on Tuesday, under pressure from slowing global demand and abundant supplies, with Saudi Arabia signaling no change to its oil policies and Iran preparing to ramp up exports. International benchmark Brent and U…

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Oil hovers near 11-year lows on abundant supply, slowing demand

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Chipotle sales battered by widening E. coli outbreak

A widening U.S. E. coli outbreak has slammed sales at Chipotle Mexican Grill Inc, the company said on Friday, hours after federal authorities reported that people in nine states have now contracted food poisoning. Shares in the popular burrito chain tumbled nearly 8 percent to $518 in extended trading after Chipotle warned that sales at established restaurants could drop 8 to 11 percent for the fourth quarter from a year earlier. The U.S. Centers for Disease Control and

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Chipotle sales battered by widening E. coli outbreak

under-pressure

‘Gigantic’ creator layoffs show that MOBA games aren’t easy

With Blizzard, Riot and seemingly everyone else making a multiplayer online battle arena (MOBA) game, the field is getting pretty crowded… and unfortunately, it’s clear that some of those developers …

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‘Gigantic’ creator layoffs show that MOBA games aren’t easy

under-pressure

Greek parliament approves austere budget for 2016

By Karolina Tagaris ATHENS (Reuters) – The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country's international lenders at a time of growing…

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Greek parliament approves austere budget for 2016