Business

Burberry announced record profits and revenue

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Burberry announced record profits and revenue for the year ending on March 31st. Pre-tax profits were £461 million ($778 million), an 8% increase over...

French economic outlook mixed

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The French economic outlook is mixed, with its Leading Economic Indicator improving by 0.3% in March after a slight fall in February, but its...

Indian economic outlook improves in April

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The Indian economic outlook improved in April, with the Leading Economic Index (LEI) rising by 0.7%, says The Conference Board. At the end of...

Forced labor generates 150 billion dollars in illegal profits annually

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Forced labor, which includes commercial sexual exploitation, domestic and agricultural work, mining, as well as some other economic activities, generates $150 billion in illegal...

World economic forecast slightly down

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The world economic forecast is marginally down, according to the Ifo Index, which declined to 102.3 points from 103.2. Although the six-month economic outlook...

Brazilian pessimism grows, says The Conference Board

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Brazilian pessimism grows as its Leading Economic Index (LEI) fell -0.4% in April, 2014, after declining -0.3 in March and -0.6 in February. In...

Greek red tape costing hundreds of millions of euros

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Greek red tape is costing businesses hundreds of millions of euros each year and undermining their competitiveness, says a new OECD (Organization for Economic...
Steel

Cheap steel threatens US jobs

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Cheap steel is putting hundreds of thousands of US jobs at risk as the US steel industry plunges into an import crisis, says a...

Manchester United profits up

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Despite a disappointing performance on the pitch this season, Manchester United profits increased to £11 million in the three months ending March 2014 (the...

UK Leading Economic Index rose 0.3 percent

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The UK Leading Economic Index rose 0.3% in March, says The Conference Board, after a 0.4% increase in February and 0.6% in January. Of...