Monday , 22 December 2025

Recent Posts

Canadian retail sales rise slightly in August

  Bloomberg Canadian retail sales rise slightly in August, a welcome rebound from the largest decline in more than a year in July. Receipts for retailers increased 0.4% in August, Statistics Canada reported Friday in Ottawa, according to an advance estimate. That follows a 2.5% sales drop in July, which was the first decline in seven months and the largest …

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Barclays sued by investors over multibillion securities blunder

Bloomberg Barclays Plc was sued by shareholders who claim they suffered significant losses after the British lender disclosed that paperwork errors led it to accidentally issue billions of dollars more in structured and exchange-traded notes than it had registered for sale. The bank and its executives “made materially false and misleading statements” and failed to disclose important information about both …

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Citi seeks final bids for Mexico unit by October

  Bloomberg Citigroup Inc is seeking a second and perhaps final round of bids for its Mexican retail arm Banamex by the end of October in what could be one of the year’s biggest banking deals, according to people familiar with the matter. Carlos Slim’s Grupo Financiero Inbursa, the Mexican bank Grupo Financiero Banorte and mining tycoon German Larrea are …

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