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...
Japan March retail sales surged ahead of sales tax rise
Japan March retail sales surged 11% to a 17-year record as shoppers rushed to buy goods before April's sales tax increase from 5% to...
An EU exit would harm London
An EU exit would harm London as a major financial center which currently rivals New York. Two reports commissioned by TheCityUK, a lobby group...
Alstom takeover, French government slams brakes
A possible Alstom takeover by either America’s General Electric or Germany’s Siemens was confirmed on Sunday by Arnaud Montebourg, France’s Economy Minister. He emphasized...
UK March retail sales increased 4.2%
UK March retail sales increased 4.2% compared to March 2013 and by 0.1% versus February 2014, according to figures published by the Office for...
Manufacturing cost competitiveness, US and Mexico rising stars
Mexico and the US are the rising stars in global manufacturing cost competitiveness, according to research by The Boston Consulting Group (BCG). The overall...
Eurozone fiscal consolidation immense, but challenges persist, Fitch
The Eurozone fiscal consolidation that occurred in 2013 was immense, says a new report by Fitch Ratings. It also adds that despite major achievements...
Global economic forecast sees accelerated growth through 2016
BNY Mellon’s global economic forecast predicts faster growth this year, in 2015 and 2016.
The author of the most recent Economic Update, Richard Hoey, BNY...
Russian credit rating downgrade to just above ‘junk’ status
The annexation of Crimea and the tensions in Ukraine have resulted in a Russian credit rating downgrade from BBB to BBB-, which is just...
Valeant Allergan takeover bid
A Valeant Allergan takeover bid is the largest step so far in the Canadian company’s quest to be among the five largest pharmaceutical companies...