American banking industry improved in Q2 2014
In the second quarter of 2014, the American banking industry continued to improve, says the American Banking Association (ABA), driven by a steep increase...
Tesco warns profits will be down
The British supermarket giant Tesco warns profits will be in the £2.4 billion to £2.5 billion ($3.98 billion to $4.15 billion) range rather than...
European economic sentiment declines
In August, European economic sentiment fell in both the whole of the EU and the Eurozone, the European Commission reported today, which says that...
Eurozone economic outlook improves slightly
The Conference Board reported a slight improvement in Eurozone economic outlook. Its July Leading Economic Index rose by 0.3% while its Coincident Economic Index...
Chinese economic outlook improved in July
Chinese economic outlook improved significantly in July, says The Conference Board, as the country’s Leading Economic Index and Coincident Economic Index increased by 1.3%...
Argentine plan illegal, says US court
A US court said that the Argentine plan to get creditors to swap their defaulted bonds for new debt issued locally is illegal. According...
Peaceful Ukraine-Russia solution urged by Branson and business leaders
A Nobel Laureate and business leaders headed by Virgin mogul Sir Richard Branson are urging for a peaceful Ukraine-Russia solution. In an open letter...
Indian economic outlook down slightly in July
The Indian economic outlook, i.e. its Leading Economic Index, was slightly down (-0.2%) in July, after improving during the previous four months, says The...
Brazilian Leading Economic Index down again
The Brazilian Leading Economic Index (LEI) fell 0.2% in June, after declining in May (-1.8) and also in April (-0.4). The index has fallen...
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...