April US trade deficit up
The April US trade deficit increased to $47.2 billion from $44.2 billion in March, according to data published in Thursday by the Department of...
Premier League revenue hit record for 2012/2013 season
England’s Premier League revenue hit a record £2,525m in the 2012/2013 season, according to Deloitte’s 23rd Annual Review of Football Finance. Revenue for the...
Tesco first quarter sales fall steeply
Tesco first quarter sales decline steeply, the third successive quarter fall for the United Kingdom’s biggest supermarket retailer. Increasing fierce competition among UK supermarkets...
Eurozone May inflation declines to 0.5%
As Eurozone May inflation declines to 0.5% (annualized) from 0.7% in April, moving further below the European Central Bank’s (ECB’s) target of 2%, economists...
Both Chinese PMIs for May encouraging
Fears of a steep slowdown in GDP growth may have been allayed after both Chinese PMIs for May (services and manufacturing) were published. China’s...
UK May manufacturing output strong
UK May manufacturing output grew for the fifteenth consecutive month, reflecting better economic conditions and improved order books, according to the Markit/CIPs UK Manufacturing...
May Eurozone manufacturing growth slowed down
May Eurozone manufacturing growth registered its steepest slowdown in six months, according to Markit Eurozone Manufacturing PMI – final data. May Eurozone PMI (Purchasing...
Asian overall debt increased in 2013
At 208% of GDP, Asian overall debt reached a record high in 2013, compared to 192% the previous year. Indebtedness increased across the whole...
Prostitution plus illegal drugs 0.7 percent of UK GDP
Prostitution plus illegal drugs make up approximately 0.7% of the United Kingdom’s GDP, i.e. about £10 billion ($16.76 billion) each year. Illegal drugs are...
Brazilian economy grew 0.2% in Q1 2014
The Brazilian economy grew by just 0.2% during the first quarter of 2014 compared to the previous quarter, says the Brazilian Institute of Geography...