England and Wales Insolvencies Rise by 21 in November

LONDON, Dec 15 Reuters The number of companies in England and Wales declared insolvent in November was 21 higher than a year earlier, government figures showed on Friday, adding to the pattern of higher corporate failures as the Bank of England raises interest rates. The Insolvency Service, a public body, said there were 2,466 registered […]
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Indias Nov Merchandise Trade Deficit Narrows Sharply on Subdued Imports

NEW DELHI, Dec 15 Reuters India39;s merchandise trade deficit narrowed sharply to 20.58 billion in November from the previous month39;s record levels as imports of gold, petroleum and electronic goods moderated, government data showed on Friday. The trade deficit in November was lower than the 23.60 billion expectation of economists polled by Reuters. India39;s merchandise […]
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BP Restarts Pipeline on Gasoline Spill in Washington StateSource

Dec 14 Reuters BP has restarted its Olympic Pipeline that had leaked roughly 25,000 gallons of gasoline near Mount Vernon in Washington state, a source familiar with the pipeline39;s operations said on Thursday. The pipeline was restarted following repairs, integrity testing, and regulatory approval of the restart plan, the source said. The company has been cleaning […]
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HMs Q4 Sales Slow more than Expected

HM sales lag rival Inditex SeptNov local currency sales down 4 vs forecast 3 fall Retailer trying to increase margin to 10 next year STOCKHOLM, Dec 15 Reuters HM39;s localcurrency sales fell in the fourth quarter as the Swedish fashion retailer loses ground against Zara owner Inditex, which reported a sales boost earlier this week. HM39;s sales […]
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UAE Stock Markets Up on Rising Oil Price, Rate Cheer

Dec 15 Reuters Stock markets in the United Arab Emirates closed higher on Friday on rising oil prices and after the Federal Reserve indicated earlier in the week it is likely to cut borrowing costs next year. Oil prices, a major driver for Gulf economies, were on track to notch up their first weekly rise in two […]
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