Small businesses wary about hiring new staff
Small and medium-sized enterprises (SMEs) in the US are guarded about hiring new staff, according to a survey that also shows a fall in...
Samsung profit third quarter rising to $9.3 billion
Samsung Electronics Co Ltd. sees likely 10.1 trillion won ($9.4 billion) in Q3 operating profit during the third quarter of 2013, an increase of...
UK economy growing fastest among developed nations
The UK economy grew at its fastest rate in sixteen years during the third quarter of 2013, according to the Chartered Institute of Purchasing...
Twitter plans $1 billion IPO
Twitter Inc., the microblogging social networking company, plans an initial public offering (IPO) of $1 billion. It has filed a document with US regulators.
Last...
US debt crisis a threat to global economy, IMF
Christine Lagarde, the Managing Director of the IMF, warns that if the US debt ceiling is not raised the consequences will be much more...
Nurturing human capital, new country league tables
The Human Capital Index, which rates countries’ success according to how good they are at maximizing the long-term economic potential of their respective workforces,...
The effects of a shutdown on the economy
Two days after the U.S. government and federal offices ground to a halt, a growing number of people are wondering what the effects of...
European Central Bank holds rates, Draghi says recovery weak
The European Central Bank (ECB) says it is holding its benchmark interest rate at 0.5% after a policy meeting today.
ECB President, Mario Draghi commented...
Hyundai to defer payment due from federal employees
U.S. federal employees who have financial commitments with Hyundai Motor USA will have their payments deferred during the government shutdown, the company announced yesterday.
The...
Budget battle at start of year triggers wasteful spending later
Stalling budgets is nothing new for Congress.
In fact, avoiding a budget battle and passing an appropriation bill on time is the exception rather than...