Commodities fell in October

October commodities were lower, mainly driven by agriculture and energy, due to expectations of increasing supply in certain commodities.The global economy has recently started to improve,…

Alcohol ads targeting young people too much

Are alcohol ads targeting young people on TV in the US too much?Researchers at Johns Hopkins Bloomberg School of Public Health and the CDC (Centers for Disease Control and Prevention) think they…

Should the position of Chairman plus CEO be split?

Should the head of a company be its Chairman plus CEO, or would shareholders benefit from a separate person for each position?David F. Larcker and Brian Tayan from the Stanford Graduate School of…

ECB interest rate cut to 0.25% in surprise move

The ECB cut its benchmark interest rate, surprising most market analysts, to 0.25% from 0.5%. The current ECB interest rate is the closest it has ever been to zero.With the prospect of sluggish…

European jobless growth

The European Commission predicts gradual economic recovery with stubbornly high unemployment in several member states, what many are calling European jobless growth.In its “Autumn 2013 Economic…

Changing World order, many Americans expect it soon

In a changing world order, thirty-five percent of Americans think that China will be the world’s dominant economic power by 2020, according to a survey from TheStreet carried out by GfK North America.…

UK economic growth steadily building, says CBI

UK economic growth is forecast to grow at a higher rate through to the end of 2014 than previous predictions, says the Confederation of British Industry (CBI).UK economic growth will accelerate…

Indian Sensex hits record high

The Sensex, the benchmark stock index in India, has hit a record high, after months of capital exodus amid concerns regarding the country’s economic growth turned into a significant inflow of foreign…

More banking scandals hitting profits

Deutsche Bank and UBS have their profits for this quarter undermined by potential legal costs in the midst of banking scandals, while Rabobank of the Netherlands is fined $1 billion by Dutch, British…

Smart TV sales improve with market education

Smart TV sales do not look promising when you ask consumers whether they are interested in making a purchase.However, as soon as they know what a smart TV is and what it can do, their interest is…

US exports $189.2 billion in August 2013

US exports of goods and services reached $189.2 billion in August, less than $189.2 billion in July.However, exports for the 12-months ending in August 2013 ($2.2 trillion) were 42% higher than…

Outrageous excuses for calling in sick

A Harris Interactive survey reported on some outrageous excuses workers have given when calling in sick, from being attacked by a swarm of bees to losing a fake eye.The survey was commissioned by…

Spanish economy grows again

The Spanish economy grows again after nine consecutive quarters of decline, the Bank of Spain (Banco de España) announced.In its ”Quarterly Report on the Spanish Economy”, the Bank of Spain…