China may have to wait for the iPhone 6
Apple’s newest iPhone 6 may not sell in China for a quite a while, according to reports that claim Apple has not come to...
Sony warns of bigger loss
Sony warns that its net loss for the year ending in March will be much greater than expected, possibly as high as ¥230 billion...
Global billionaire population increases 7 percent
The number of billionaires around the world has risen by 155 to 2,325, a 7% increase, says the Wealth-X and UBS Billionaire Census 2014.
The...
China pumping $81 billion into banks
China is pumping $81 billion or 500 billion yuan into its five largest state-owned banks, joining the European Central Bank in trying to boost...
Sears stock plummets as its CEO offers a $400 million loan
Sears Holdings Co. stock fell by 9.4 percent on Tuesday following news that its chairman and CEO will be providing the company with a...
US stocks recover after Fed says rates won’t increase
American stocks gained momentum and markets improved as investors anticipate that the Federal Reserve will continue with low interest rates. The Dow closed today...
German investor sentiment falls again
German investor sentiment in September fell again, the ninth successive month of decline, according to ZEW (Zentrum für Europäische Wirtschaftsforschung - Center for European...
CEOs say US economy underperforming next six months
CEOs say the US economy will be underperforming during the next six months, according to the 3rd quarter 2014 CEO Economic Outlook Index published...
US poverty rate fell in 2013
For the first time since 2006, the US poverty rate fell in 2013 as more Americans moved from part-time to full-time work - the...
Combating corporate tax avoidance globally, OECD
Firms like Google, Amazon and Starbucks have hit the headlines this year for pursuing strategies to avoid paying corporate tax. The OECD today issued...