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...
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...
Morgan Stanley Q2 earnings surged
Morgan Stanley Q2 earnings surged, driven mainly by a strong performance in the company’s wealth management operations. The American multinational financial services corporation has...
Bank of America Q2 profits plummeted
Bank of America Q2 profits plummeted due mainly to a rise in legal costs and a decline in mortgage income. Net income fell 43%...
JPMorgan reports Q2 2014 earnings down 8 percent
JPMorgan reports Q2 2014 earnings, which declined by 8% as America’s largest bank (along with most others in the industry) struggles with falling incomes...
UK June inflation increased to 1.9 percent
UK June inflation rose to 1.9% (annualized) compared to 1.5% in May, driven by high increases in the prices of non-alcoholic drinks, food, footwear...
Citigroup mortgage probe settlement worth $7 billion agreed
A Citigroup mortgage probe settlement has been agreed with US authorities. America’s third largest bank will pay a total of $7 billion to various government...