UK plans to sell half of its stake in RBS within two years
The UK government plans on selling half of its stake in Royal Bank of Scotland (RBS) within the next two years, according to reports.
Last...
Is China targeting foreign firms?
Is China targeting foreign firms? According to the American Chamber of Commerce in China, nearly half of foreign businesses believe they are being specifically...
US service sector growth higher in June
Growth in the US service sector rose in June, according to data released by the Institute for Supply Management on Monday.
However, the index of...
Greece leaving the eurozone is now a very real possibility
The Greek people have cast their vote and the result is a resounding “no” to accepting strict austerity measures and following creditors’ bailout terms.
Many...
Data breaches reach record levels in 2014
In 2014 so far, there have been 568 data breaches involving more than 75 million records, of which 56 million occurred at Home Depot...
Low European inflation persists
Low European inflation persists, particularly in the Eurozone, according to the Harmonized Index of Consumer Prices (HICP). In all European economies, with the exception...
ECB ready to expand its asset-purchase programs, Draghi says
Mario Draghi, President of the European Central Bank (ECB) sent the strongest signal yet on Friday that he is ready to expand the central...
13 banks failed ECB stress test, not 25 any more
The European Central Bank (ECB) announced on Sunday that of the 25 banks that initially failed the banking stress test, 12 have already covered...
UK business outlook strong but at 1-year low, says Markit Economics
The Markit UK Business Outlook for October was still strong, but was lower than at any time during the last 12 months. Compared to...
Global business outlook plummets to five year low, says Markit Economics
Global business outlook has fallen to a five-year low, according to October’s Markit Global Business Outlook Survey. Optimism among 6,100 companies in the world’s...