China overtaking the US economy soon? Not likely
Is China overtaking the US economy soon? According to the World Bank Group, it is going to happen either in 2014 or 2015. However,...
Low European inflation persists
Low European inflation persists, particularly in the Eurozone, according to the Harmonized Index of Consumer Prices (HICP). In all European economies, with the exception...
Lloyds Bank TSB sell off planned by end June
A Lloyds Bank TSB sell off is set to occur before the end of June, George Culmer, Lloyds Finance Director announced in a conference...
Ukraine bailout money approved by IMF
Ukraine bailout money to the tune of $17.1 billion has been approved by the International Monetary Fund’s (IMF’s) Executive Board to help the country’s...
Stimulus cut continues, says Fed
The stimulus cut continues, says the Federal Reserve (Fed). US accelerating economic growth has allowed the US central bank to trim its monthly asset...
Alstom considers General Electric’s bid
While Alstom considers General Electric’s bid worth $16.9 billion for its energy division, the French multinational emphasized it would welcome a rival offer from...
US GDP growth slowed sharply in Q1 2014
US GDP growth slowed sharply in the first quarter of 2014 to an annual rate of 0.1%, compared to 2.6% in the previous quarter,...
UK GDP grew 0.8% in Q1 2014
UK GDP grew 0.8% in Q1 2014, according to the Office for National Statistics (ONS). The increase was largely driven by the service sector,...
Innovation economy forecast
According to an innovation economy forecast for 2014 by the Silicon Valley Bank, almost eight in every ten executives involved in the worldwide innovation...
Eurozone March economic outlook mixed, The Conference Board
The Eurozone March economic outlook is mixed, according to the Conference Board Leading Economic Index (LEI) for the Euro Area. The Index increased by...