March Eurozone growth sustained but slower
March Eurozone growth continues the bloc’s strongest period of GDP expansion since the first half of 2011. While March’s PMI (Markit Purchasing Managers Index)...
Daimler axing 10,000 jobs to free up money for large investments
Daimler, owner of Mercedez-Benz, announced that it will be axing 10,000 jobs to free up money for the development of clean, electric vehicles.
"The development...
2015 will be warmer say climate experts
Next year (2015) will probably be warmer than the average over the last 50 years, climate experts predict. They also suggest that our planet's...
Waitrose expanding across the UK, creating 2,000 jobs
Upmarket supermarket chain Waitrose says that it will create 2,000 jobs through opening new shops and by expanding existing ones across the UK.
The John Lewis-owned grocer...
Negative posts on Facebook business pages much more prevalent than positive posts
Companies have little control when it comes to what customers post on their Facebook business page - they are at the mercy of user-generated...
Serco profit warning sends shares crashing
Serco Group plc., a British outsourcing multinational company, issued its fourth profit warning this year on Monday, which sent shares crashing and wiping off...
Faster robots bad for worker morale
Faster robots tend to demoralize co-workers, a team of researchers has found. When robots perform better than humans in contests for cash prizes, we...
UK wage growth to remain weak over the next year
According to a recent survey by the Chartered Institute of Personnel and Development (CIPD), UK wage growth is likely to remain weak over the...
ECB inaction, holds interest rate at 0.25%
The ECB holds its benchmark interest rate at 0.25% after today’s meeting.
ECB (European Central Bank) president, Mario Draghi does not believe deflation is a...
March Eurozone unemployment fell slightly
March Eurozone unemployment fell slightly to 18.913 million, 22,000 fewer people than in February 2014 and 316 000 lower than in March 2013, according...