Tesco had disappointing Christmas sales
Tesco, Britain’s largest retailer and the third largest worldwide, had disappointing Christmas sales, reflecting a…
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November Eurozone unemployment stayed stubbornly high
November Eurozone unemployment remained unchanged at 12.1%, a record high since April 2013, with wide differences…
Madoff ties cost JPMorgan $2.6 billion
JPMorgan is to pay $2.6 billion to settle civil and criminal allegations that the bank failed to halt Bernard…
US trade deficit four year low, November 2013
The US trade deficit hit a four year low of $34.3 billion in November, 2013, as exports rose to a record $194.9…
Eurozone inflation fell to 0.8% in December
The Eurozone’s inflation rate dropped to 0.8% in December, 2013, from 0.9% the month before, according to Eurostat,…
China to allow private banks
China says it will allow five privately financed banks to be created in 2014 as it aims to boost economic growth by…
US economy 2014 expectations, Harris Poll
Expectations for the US economy 2014 among the American adults are slightly more negative this year than one year…
UK state pension to be protected against inflation, says David Cameron
British Prime Minister David Cameron said the UK state pension will rise by 2.5% or more until the end of this…
Zynga accepts Bitcoin payments
Bitcoin recovered its value to over $1,100 on the Mt. Gox exchange after social online games company Zynga Inc.…
Union members vote in favor of Boeing contract extension offer
Members of the International Association of Machinists & Aerospace Workers District 751 (IAM) voted 51% in…
Facebook sued for scanning private messages
Facebook faces a class-action lawsuit filed in a Californian federal court for scanning private messages of its…
Global semiconductor sales grew 6.8% in a year
Global semiconductor sales expanded by 6.8% in November 2013 compared to November 2012, according to the…
American share of global research spending falls
American share of worldwide research spending fell to 45% in 2012, from 51% in 2007, while Japan’s and China’s…
Latvia joins the Eurozone
On January 1st Latvia, a former Soviet republic and the European Union’s fastest-growing economy, became the 18th…
NAFTA twenty years on, the winner, Mexico
NAFTA (North American Free Trade Agreement) is now 20 years old.
So, how well have the US, Canada and Mexico…
The European economy going into 2014
The Eurozone banking union deal gives the European economy a positive ending to 2013. According to The Conference…