Business

european union flag

Europe must do more for economic recovery, big business urges

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Although break-up speculation has lessened, stock prices have risen and credit spreads have narrowed, Europe must do more to encourage the economic recovery, say...

Quantitative Easing tapering – who benefits and who suffers?

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While some countries will benefit from Quantitative Easing tapering, others will suffer, says a global poll including over 1,000 business decision makers released today...

Latin America tax revenues increase

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In Latin America tax revenues continue to increase, but still represent a much lower percentage of GDP (gross domestic product) compared to most OECD...

Pope Francis asks business leaders to be more open and inclusive

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In a message to delegates at the 44th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, Pope Francis urged business and political leaders to...
Wealth inequality

85 richest people own the same wealth as 3.5 billion

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A tiny elite, the 85 richest people in the world, own the wealth shared by almost half of the world’s population, says charity organization...
China

Chinese economy grew by 7.7% in Q4 2013

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During the fourth quarter of 2013 the Chinese economy grew by 7.7%, matching 2012’s growth rate and showing signs of stabilizing, the National Bureau...
bank of england

UK Real wages set to rise

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After a decade of weak earnings growth, low productivity and years of high inflation, Ben Broadbent, an external member of the Monetary Committee of...

2013 German current account surplus a world record

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The German current account surplus for 2013, likely to have exceeded €200 billion ($270 billion) in 2013, was a world record. The country exported a...
industry

US December industrial production rose 0.3%

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US December industrial production increased by 0.3% compared to November, its fifth successive monthly rise, according to the Federal Reserve (Fed) today. The index...

Widening wealth gap a growing global problem

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The widening wealth gap – the difference in incomes between the richest and poorest individuals - is a risk that has the potential to...