US retail sales dropped by 0.3% in May
Retail sales in the US dropped by 0.3% in May, the steepest dip in 16 months.
Advance estimates of US retail and food services sales...
British consumer spending dropped at annual rate of 0.8% in May
British consumer spending dropped at an annual 0.8 per cent in May after adjusting for inflation, the first decline since September 2013, according to...
Renewable energy sources make up over half UK electricity
Renewable energy sources generated more than half of the UK's electricity for the first time ever at midday, on Wednesday, 7th June, 2017, Britain's...
Pound plunged last night as Tories failed to win parliamentary majority
The pound plunged during UK election night shortly after an exit poll correctly forecast that prime minister Theresa May’s Conservative party would fall short...
Most powerful countries in the world
Defining the most powerful countries in the world may vary, depending on whether you include just economic might, military strength, membership of alliances such...
OECD forecasts global economic growth of 3.5% in 2017, 3.6% in 2018
The OECD forecasts global economic growth of 3.5% in 2017, which would be the global economy’s best performance since 2011, and expects global economic...
UK exports grow as demand for British goods surges
UK exports are heading for their fastest growth in three years, with a weaker pound sterling pushing up global demand for British goods, says...
World Bank forecasts global economy to expand by 2.7% in 2017
The World Bank expects the world economy to expand by 2.7 percent this year, as manufacturing, trade, and overall market confidence begin to pick up.
According...
Passenger economy will be worth $7 trillion says Intel
The Passenger Economy - when drivers are gone and we all travel around in driverless vehicles - will grow from $800 billion to $7...
Canada trade deficit narrows surplus with USA at 3-year record
Canada's trade deficit narrowed to $370 million in April 2017, from a revised $936 million deficit in March, but its surplus with the USA...