Business

Eliminate corporate tax, says new report

0
According to a new report, if the US were to eliminate corporate tax, gross domestic product (GDP), real wages, domestic investment and national saving...
GE logo

GE African investment to reach $2 billion by 2018

0
GE African investment totaling $2 billion by 2018 into skills training, sustainability initiatives and facility development was announced today, ahead of President Barak Obama’s...
HSBC

HSBC H1 profit fell 12 percent

0
HSBC H1 profit fell 12% to $12.34 billion compared to $14.071 billion in H1 2013. During the first six months of this year the...
China

Is slower Chinese GDP growth better? Yes, says IMF

0
Slower Chinese GDP growth would be better for China and the world if comprehensive reforms are implemented and credit and investment growth is better...

Procter & Gamble shedding half its brands

0
Procter & Gamble says it is shedding half its consumer brands, and focusing on just 70 or 80 of them, including Pampers diapers and...
Warren Buffet

Berkshire Hathaway Q2 profit jumps 41 percent

0
Berkshire Hathaway Q2 profit increased by 41% to $6.395 billion, beating most analysts’ forecast. Results in the company’s operating businesses improved significantly, including its...
Argentine Debt Ruling

Argentine debt ruling, economists appeal to Congress

0
More than 100 economists have called on Congress in a letter to take action to mitigate the harmful consequences of the Argentine debt ruling...
eu

Eurozone July inflation falls to 0.4%

0
With the Eurozone July inflation rate falling to 0.4% (annualized) from 0.5% in June, economists are seriously concerned that the currency bloc may be sliding...
Lloyds Banking Group

Lloyds Banking Group H1 profit plunged 50 percent year-over-year

0
Lloyds Banking Group H1 profit plunged by over 50% to £574 million ($970.8 million) compared to £1.56 billion in H1 2013. The partly-government owned...

Investor risk tolerance driven by fear of losing, not spending habits

0
A team of researchers has found that investor risk tolerance is driven much more by the fear of losing money than spending habits. As...