UK export orders fall significantly, says CBI
While manufacturing is doing well and expanding, UK export orders have fallen significantly, says the CBI’s latest Industrial Trends Survey involving 488 manufacturers across...
Irish economic boom is back
The Irish economic boom is back. The Republic of Ireland posted 1.5% GDP growth for the second quarter of 2014 compared to the previous...
Housing starts plummet in August
After jumping to a post-recession high in July, housing starts plummeted -14.4% in August, showing how fragile and haphazard the state of US home...
Update 1: European banks cool on ECB cheap loans
You would expect Eurozone banks to be lining up to take advantage of the ECB cheap loans which were offered today. The currency bloc’s...
ConAgra Foods profit nearly triples
The Omaha-based packaged foods company, famous for Chef’s Boyardee pastas, Hunt’s Ketchup, and Hebrew National hot dog - ConAgra Foods - informed that first...
Vacuum cleaner sales boost UK August retail figures
If you want a sudden surge in sales, ask the European Union to impose new restrictions on a product. Up to the day the...
Financial market bets too big and risky, says IMF
Excessive financial market bets pose a growing risk to the world economy, says the International Monetary Fund (IMF). All you need is a change...
Bayer floating its plastics business
The German chemical and pharmaceutical multinational giant Bayer is floating its plastics business - Bayer MaterialScience - as a separate company, saying it plans...
Sky Deutschland tells shareholders to shun BSkyB offer
Sky Deutschland, Germany’s pay-TV provider, has told its minority shareholders to turn down BSkyB’s offer. Given that BSkyB is a majority stakeholder in German...
Fed says rates stay low for a long time
The Fed says rates will stay low for a “considerable time” after the stimulus program has been wound down in October. However, it also...