The government borrowed more money than expected in June, dealing a blow to chancellor Philip Hammond’s deficit-reduction plans.
Public sector net borrowing in June reached £6.9bn, £2bn higher.. City A.M.
Activist investor Elliott Advisors has criticised BHP Billiton's proposal to diversify into potash as "disastrous".
BHP owns the huge Jansen potash mine in Canada, and it has plans to put nearly.. City A.M.
BHP Billiton's full-year production met analysts expectations, but investors are expected to question the firm's increased capital spending on its US onshore division.
BHP said.. City A.M.
We've spent a lot of time of late discussing the precarious financial positions of states like Illinois, Connecticut and New Jersey which each suffer from their own myriad of financial threats.. Zero Hedge
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
Federal Reserve Chair Janet Yellen recently predicted that, *thanks to the regulations implemented after the 2008 market.. Zero Hedge Also reported by •Eurasia Review
Baidu Inc. has enlisted more than 50 partners for its Apollo driverless project, signing up big firms in areas from mapping and ride sharing to automaking to aid the Chinese search giant’s foray into.. SFGate
TPG's proposed mobile network is only a "benign" threat to Telstra, but will introduce competitive pressures that may force the incumbent to increase spending to retain its core mobile customer base, a.. Brisbane Times Also reported by •Sydney Morning Herald •The Age
The proposed two-year, $43.7 billion operating budget represents a 13.5 increase in spending over the current budget. It includes a $5.2 billion revenue increase from existing and new taxes. Seattle Times
The gap between the May increase in income and the increase in spending drove the U.S. savings rate to 5.5 percent, the highest since last September. President Donald Trump has pledged to push annual.. SeattlePI.com
*By The Canadian Press*
WASHINGTON — A Republican-led Senate committee is considering an aviation bill that omits one of President Donald Trump's goals — turning air traffic control operations.. CJME Also reported by •Seattle Times
BERLIN (AP) " Germany's Cabinet has approved a budget plan that foresees a 2.6 percent increase in spending next year and a balanced budget over the next four years.The plan presented by Finance.. New Zealand Herald Also reported by •Seattle Times