BNP Paribas ten billion dollar fine, French government claims “progress”
The French government, which is hoping to reduce a potential BNP Paribas ten billion dollar fine, claims it is making progress after talking to...
Target shareholder dissent increases
Target shareholder dissent is growing. In its final shareholder's meeting to approve 10 nominees for the board, the tally showed an increase in dissent...
Medtronic Covidien acquisition deal confirmed
A Medtronic Covidien acquisition deal has been confirmed by the two companies. Medtronic, a Minnesota-based medical devices multinational is to take over Covidien, also...
Producer prices dropped 0.2 percent in May
The US Bureau of Labor Statistics informed on Friday that producer prices dropped 0.2 percent in May, after rising 0.6% in April and 0.5%...
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...