Business

China Trade

Chinese April international trade rebound

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A Chinese April international trade rebound was announced by the country's General Administration of Customs. This is the first positive sign that the world’s...

US productivity fell 1.7% during first quarter 2014

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US productivity fell 1.7% (annualized) during Q1 2014 compared to the previous quarter, according to data published today by the Bureau of Labor Statistics,...

Alstom profits fell 28%

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Alstom profits fell 28% to €556 million euros ($774 million) for the full year to March 2014, underscoring its case for a General Electric...

Better Life Index released by the OECD

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According to the OECD’s Better Life Index, the Danes want to be happy, Australians strive for work-life balance, while the Japanese are most concerned...

EU GDP growth forecast 1.6% for 2014

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The European Commission’s EU GDP growth forecast has been increased to 1.6% for the 26-nation trading bloc for 2014 from 1.5% in February. Real...

Asia-Pacific economic rebound

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The Asia-Pacific economic rebound is gaining traction, according to the latest APEC Economic Trends Analysis report. However, the authors warn that higher production efficiency...

US Corporate tax system keeps money abroad

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The US Corporate tax system keeps money abroad, according to a new Council on Foreign Relations (CFR) Scorecard. Corporate tax, also called corporate income...

German April manufacturing grew

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German April manufacturing grew, according to the Markit/BME Germany Manufacturing Purchasing Managers’ Index which increased to 54.1 compared to 53.7 in March. Any reading...

Portugal needs no more bailouts

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Prime Minister Pedro Passos Coelho said on national TV that Portugal needs no more bailouts as his country plans to exit its €78 billion...

Growing wealth inequality persists for three decades

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Growing wealth inequality has been present in most OECD nations for the past thirty years, according to a new analysis titled “Focus on Top...