China has warned the US to stop “wrong” trade actions
The Chinese government has warned the US to stop “wrong” trade actions or face serious consequences.
The warning comes after US President Donald Trump announced...
Shell profit warning, cuts spending
A Shell profit warning was followed by an announcement that the Anglo-Dutch company is cutting spending and streamlining operations.
It is also suspending its Arctic...
UK house prices pushed up by foreign criminals laundering “billions of pounds”
The National Crime Agency said that foreign criminals who launder their money by purchasing expensive properties in London are responsible for pushing up house...
Morgan Stanley profits up 56%
Morgan Stanley profits increased by 56% in the first quarter of 2014; the financial services giant reported rising revenues in all of its major...
Why did communism collapse?
Why did communism collapse? Communism collapsed because everybody began to realize that free-market democracies were richer. This realization grew after World War II. It...
US home prices rise 13.6% in one year
US home prices rose 13.6% in October 2013 in twenty cities compared to October 2012.
This represents the highest increase in over 7 years,...
UK house prices set to fall by -0.8 percent in 2015
After increasing by 7.8% in 2014, UK house prices are forecast to fall by -0.8% in 2015, says the Centre for Economics and Business...
Venezuelan economy has been shrinking all year, says central bank
The Venezuelan economy is now officially in recession, the Banco Central de Venezuela (Central Bank of Venezuela) announced on Tuesday. It added that GDP...
House prices in England and Wales close to 2007 peak
According to the Land Registry’s House Price Index, average prices in England and Wales are now just £3,500 short of their 2007 peak. In...
Oil prices surged by more than 10 percent, biggest intraday gain since 2009
Oil surged by over 10 percent on Thursday - the biggest intraday gain since March 2009.
The commodity was lifted by news that the U.S. economy...