Tesco warns profits will be down
The British supermarket giant Tesco warns profits will be in the £2.4 billion to £2.5 billion ($3.98 billion to $4.15 billion) range rather than...
American economy worse today than before, most Americans believe
Is the American economy worse today than before the global financial crisis? According to a new national study carried out at Rutgers, the State...
Japanese economic slowdown returns
The Japanese economic slowdown appears to be creeping back as factory output remained flat and household spending declined in July. According to official figures,...
US GDP Q2 growth revised upward
US GDP Q2 growth has been revised upward from 4% to 4.2%, after shrinking by 2.1% in the first quarter, the Bureau of Economic...
European economic sentiment declines
In August, European economic sentiment fell in both the whole of the EU and the Eurozone, the European Commission reported today, which says that...
UK grocery market share shifting
The UK grocery market share is moving away from the established giants to Aldi and Lidl. According to Kantar Worldpanel, 53% of British shoppers...
Lagarde negligence investigation
Will a Christine Lagarde negligence investigation allow the head of the International Monetary Fund to continue for the rest of her term, which ends...
Eurozone economic outlook improves slightly
The Conference Board reported a slight improvement in Eurozone economic outlook. Its July Leading Economic Index rose by 0.3% while its Coincident Economic Index...
Burger King Tim Hortons acquisition deal agreed
A Burger King Tim Hortons acquisition deal worth $11.4 billion has been agreed, the two companies announced. The Florida-based multinational hamburger chain’s merger with...
Service sector growth slowdown, UK
In the three months to August, service sector growth in the UK has slowed down, according to data published by the CBI Services Sector...