Eurozone economic activity little improved
The Eurozone Leading Economic Index (LEI) increased by 0.4% in May, following a 0.2% fall in April, says The Conference Board. Eurozone economic activity...
Do Narcissistic CEOs perform better than others?
When it comes to financial measures, narcissistic CEOs perform better than others, researchers found in a new study. This “dark side of the executive...
UK economy recovered completely in second quarter
In the second quarter of 2014, the UK economy recovered completely from the economic shrinkage caused by the financial crisis and the Great Recession that followed....
Credit Suisse Q2 2014 loss
After having to pay a $2.6 billion settlement with US authorities for helping Americans dodge taxes, a Credit Suisse Q2 2014 loss of 700 million francs...
Serious Fraud Office Forex trading probe launched, UK
A Serious Fraud Office forex trading probe has been announced in the UK. The criminal investigation into alleged price rigging in the $5.3 trillion...
Tesco CEO leaves as Unilever executive comes in
Philip Clarke, Tesco CEO leaves, making way for Unilever’s Global President of Personal Care, Dave Lewis. The UK supermarket chain, the second largest retailer...
UK foreign direct investment created over 66,000 jobs in 2013
UK foreign direct investment in 2013 was the highest in Europe and the second highest in the world, after the United States, creating 66,390...
Capital One profit increased 8 percent in Q2 2014
Capital One profit increased by 8% during Q2 2014 to $1.2 billion or $2.04 per diluted common share, compared to $1.1 billion and $1.85...
FedEx denies shipping drugs illegally
FedEx denies shipping drugs illegally as the US Department of Justice indicts the global delivery services company with transporting medications for illicit online pharmacies. If...
GE Q2 net income increased 13%
GE Q2 net income increased by 13 percent, driven by strong sales in its oil & gas and aviation divisions. The American multinational conglomerate...