Woman swaps Tesco for Aldi and now she’s saving £120 a month

By making the move from Tesco to Aldi, shopper Victoria Chessum has worked out that she's saving £30 a week on her shopping bill. But the move wasn't something she saw coming ahead of time – having been a loyal Tesco shopper for years thanks to the ease of reaching the store as well as familiarity with it. Her decision […]

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Wetherspoon cutting prices of some European drinks to mark Brexit

Pub giant Wetherspoon has announced it is marking Brexit by cutting the price of several European drinks on the day the UK leaves the EU. The chain, run by outspoken Brexiteer Tim Martin, says the “let’s stay friends” promotion will see the cost of 10 different drinks go down by about 60p for a month from 31 January in all […]

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Investor hit with $2k penalty for breaching disclosure rules

An investor who breached disclosure rules regarding his holdings in a Catalist-listed firm has been hit with a civil penalty of $200,000. It is the first such action for contravening shareholding disclosure obligations under the Securities and Futures Act since the civil penalty regime was tightened in November 2012. Mr Lim Soon Fang became a substantial shareholder – one holding […]

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Wall Street strikes new high as housing data fuels optimism

(Reuters) – Wall Street edged up to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth. Market sentiment brightened further this week after the United States and China sealed a Phase 1 trade deal, pausing an 18-month tariff dispute that has weighed on financial […]

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Exclusive: HSBC cutting around 100 staff in equities business – sources

HONG KONG/LONDON (Reuters) – HSBC (HSBA.L) is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters. The cuts are across the bank’s equities research, sales, trading and back office business departments, the sources said, and will include a handful of job […]

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Senate passes North America trade deal, Canada still to approve

WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation to implement the U.S.-Mexico-Canada Agreement passed on an 89-10 bipartisan vote, sending the measure to President Donald Trump for […]

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