Excessive superstar talent can harm sports teams and the boardroom
Excessive superstar talent can be detrimental to sports teams and the boardrooom, says a study published in the journal Psychological Science. After a certain...
Is the German economy overheating?
In 2014, Germany’s gross domestic product (GDP) is forecast to expand by 2% and then by 2.5% in 2015, well above its 1.25% potential...
United States needs economic reforms for better growth
Even though its rebound is one of the strongest among the OECD countries, the United States needs economic reforms for better and more sustainable,...
S&P improves UK credit outlook to “stable”
The UK credit outlook has been improved to “stable” from “negative" by Standard & Poor’s (S&P), which had lowered the outlook in 2012. The...
2014 UK interest rate rise?
Is a 2014 UK interest rate rise on the cards? Bank of England Governor, Mark Carney, signaled on Thursday that a rate increase “could...
EU Apple tax probe underway
An EU Apple tax probe has been initiated by the European Union’s vice president in charge of competition policy Joaquín Almunia. The trading bloc’s...
Developing countries growth forecast revised down, World Bank
The Developing countries growth forecast for 2014 has been revised down by the World Bank to 4.8% compared to January’s estimate of 5.3%. Economic...
Global private wealth increased 14.6 percent in 2013
Global private wealth increased to $152 trillion in 2013, a rise of 14.6% on the previous year. The increase was greater than the 8.7%...
Indian economic reforms unveiled
Indian economic reforms were presented to parliament by President Pranab Mukherjee on behalf of Prime Minister Narendra Modi who came to power in May...
FIFA sponsors want corruption allegations investigated
FIFA sponsors Coca-Cola, Visa, Hyundai-Kia, Adidas and Sony are becoming increasingly concerned about allegations of corruption linked to the Qatar 2022 World Cup bidding...