Another Standard Chartered fine
A Standard Chartered fine of $300 million has been imposed by Benjamin M. Lawsky, Superintendent of Financial Services, New York. The penalty is for...
Home Depot Q2 sales improve
Home Depot Q2 sales increased to $23.8 billion, a 5.7% gain on fiscal Q2 2013. The world’s largest home improvement retailer posted net earnings...
Brazil’s economic outlook improved in July
After declining for six months running, Brazil's economic outlook improved in July, according to The Conference Board. The country’s Leading Economic Index increased by...
Spain’s Leading Economic Index improved in June
While Spain’s Leading Economic Index for June increased by 0.5%, its Coincident Economic Index declined by 0.1%, says The Conference Board.
Spain has had a...
Mercedes fixed prices, says Chinese probe
A Chinese probe has concluded that Mercedes fixed prices of spare parts. According to China’s official Xinhua News Agency, regulators said the German luxury...
Estée Lauder Q4 profit more than doubled
Estée Lauder Q4 profit more than doubled to $257.7 million ($0.66 per share) from $94 million ($0.22 cents per share) in Q4 2013, driven...
Berkshire Hathaway shares hit 200k dollars
The dearest stock in the US, Berkshire Hathaway shares hit 200k dollars for the first time. The Warren Buffet company, which he took over...
World Economic outlook improves significantly
According to the CES-Ifo Index, the world economic outlook has improved considerably, from 102.3 to 105 points on the previous quarter. The Ifo current...
Eurozone GDP flatlines in Q2
While Eurozone GDP flatlines in the second quarter, the economies of the other European Union (EU) nations surge ahead. Put simply, the EU is...
French economy stalled again in second quarter
The French economy stalled again, posting zero growth in the second quarter, according to statistical agency INSEE. The country has now registered two consecutive...