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Fitch Rates Verizon Communications' Proposed Offering 'A-'; Outlook Stable
2014-10-23 00:02:31| Wireless - Topix.net
Fitch Ratings has assigned an 'A-' rating to Verizon Communications Inc.'s issuance of benchmark-sized senior unsecured notes. VZ plans to use the proceeds primarily for the redemption of existing notes with maturities ranging from 2015 to 2018.
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UPS to raise rates in 2015
2014-10-22 23:05:55| Air Courier - Topix.net
United Parcel Service will raise rates for 2015 an average 4.9 percent for Ground, Air, International, UPS Freight, and UPS air freight service within and between the U.S., Canada and Puerto Rico. The new rates begin Dec. 29. In another rate change, Atlanta-based UPS said in June it will apply dimensional weight pricing to all UPS Ground services and UPS Standard to Canada packages.
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Bank remains against raising rates
2014-10-22 11:38:35| BBC News | Business | UK Edition
Policy makers at the Bank of England voted 7-2 to keep interest rates at a record low of 0.5% in October, minutes show.
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Swedbank Cuts Jobs as Low Interest Rates Hurt Profit Outlook
2014-10-21 15:56:34| Appliances - Topix.net
Swedbank AB, Sweden's biggest mortgage lender and the largest bank in the Baltics, will cut as much as 5.5 percent of its staff to try to adjust to the low rate environment created by unprecedented central bank easing. The bank will cut 600 to 800 jobs in the coming two years, mainly through attrition, and aims to lower costs "towards 16 billion kronor" in 2016 from 16.6 billion kronor in 2013, the Stockholm-based lender said in a statement today.
UPS says U.S. rates to rise 4.9 percent as of December 29
2014-10-21 00:04:22| Trucking - Topix.net
Package delivery company United Parcel Service Inc said on Monday that rates for its services within and between the United States, Canada and Puerto Rico will rise by an average of 4.9 percent as of the end of the year. The Atlanta-based company said the rate changes for its ground, air, international and freight services would start Dec. 29. Last month, the company's main rival FedEx Corp announced a similar rate increase of 4.9 percent, which also includes shipments between the United States and Mexico, plus within Mexico.
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