Home working may be more productive

Employees who work from home get more work done than their colleagues in the office, mainly because there is less distraction, they appreciate the flexibility, and spend part of commuting time…

Samsung profit third quarter rising to $9.3 billion

Samsung Electronics Co Ltd. sees likely 10.1 trillion won ($9.4 billion) in Q3 operating profit during the third quarter of 2013, an increase of 24% in a year and 5% higher than the previous quarter.…

Twitter plans $1 billion IPO

Twitter Inc., the microblogging social networking company, plans an initial public offering (IPO) of $1 billion. It has filed a document with US regulators.Last month, Twitter announced it was…

US debt crisis a threat to global economy, IMF

Christine Lagarde, the Managing Director of the IMF, warns that if the US debt ceiling is not raised the consequences will be much more serious for the American and global economies than the current…

Nurturing human capital, new country league tables

The Human Capital Index, which rates countries’ success according to how good they are at maximizing the long-term economic potential of their respective workforces, has been released by the World…

Unilever profit warning

After the Anglo-Dutch multinational Unilever gave a profit warning, shares dropped 4.44% to 2,335p in the London Stock Exchange.Unilever said the slowdown in emerging markets, especially in India,…

Unemployment up in Germany, flat in Euro zone

In Europe today the German government announced a slight increase in unemployment and Eurostat, the European statistical agency of the European Union, reported no change in August unemployment figures…

U.S. government starts shutdown

The U.S. government starts shutdown after the House of Representatives refused to approve a budget for the coming year.Despite a last-minute appeal by President Barack Obama, the midnight deadline…

Euro zone inflation lowest in 3.5 years

September inflation dropped in the Euro zone to 1.1% annualized, from 1.3% in August, according to a flash estimate by Eurostat, the European Union’s statistics office.Markets had expected…