Locomotives in the scrapyard Sitting switchers The switcher is a rapidly-dying species on American railroads. Pushed out of ...

Direct Line operated with GBP 341.2 million of debt on its balance sheet, split between GBP 82.4 million of overdraft and GBP 258.8 million of subordinated debt. Bank overdrafts are short-term ...

Direct Line Insurance Group plans to cut 550 roles or about 5% of its global workforce, the British insurer said on Monday, as its underperforming motor insurance arm continued to weigh on the ...

A new book claims the Prime Minister had a direct line to the former Qantas chief executive Alan Joyce which he used to arrange flight upgrades for personal travel. The Prime Minister’s office ...

Consumers are being warned of a new 'direct debit' scam which is falsely leading people to believe their bank account has been hacked. FraudSMART, the fraud awareness initiative led by Banking ...

Taobao and Tmall Group (TTG), Alibaba’s domestic e-commerce business unit, started direct sales at 8pm on Monday and within the first five minutes recorded more than 1 billion yuan (US$140 ...

Experts feel that despite decline, on sequential basis, there is no let down in momentum. Overseas Direct Investment (ODI) data, tabulated by the Economic Affairs Department of Finance Ministry ...