Germany – competitiveness improves
The World Economic Forum promoted Germany up two notches in its table of competitive economies today, citing infrastructure and innovation as the main reasons,...
Tractor beam using sound waves created
A tractor beam, called a sonic tractor beam, has been created by a team of scientists from the Universities of Bristol and Sussex in...
EU and Mercosur secure massive, historic trade deal after 20 years of talks
Mercosur and the European Union have secured a massive trade deal after over two decades of negotiations.
The deal creates a trade bloc of 780...
US August retail sales increase 0.6%
Lower gasoline prices and a firmer labor market helped push up US August retail sales to $444.4 billion, 0.6% higher than in July, and...
Facebook broke UK law and should be regulated, says report
Facebook is under fire from British lawmakers over claims that it intentionally breached UK data privacy and anti-competition laws.
In a damning new report British...
Enzyme that may accelerate biofuel production identified by scientists
Scientists have identified an enzyme that may help accelerate biofuel production. Scientists at Tokyo Institute of Technology have honed in on an enzyme of...
CEO confidence down in second quarter 2013
CEO confidence fell during the third quarter of 2013 to 54 points, down from 62 during the second quarter, according to the Conference Board...
HSBC reports first-quarter profit of $7.1 billion
HSBC announced that first-quarter profit rose by 4.4 percent to $7.1 billion, beating analysts’ expectations.
Europe’s largest bank, which is considering moving its base outside...
TransCanada Keystone XL pipeline costs skyrocket
Six years of regulatory delays have pushed up the estimated costs of the Keystone XL pipeline project by nearly 100%, Shawn Howard a TransCanada...
Hertz Global Holdings Inc appoints John Tague as new CEO
Hertz Global Holdings Inc has appointed John Tague as its new chief executive officer.
Tague, former chief operating officer of United Airlines Inc, will also...