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semiconductor

Automotive semiconductor market forecast to grow 5.7% in 2015 and 3.7% in 2016

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The global automotive semiconductor market grew to approximately $28 billion in 2014, a 7.3% increase from 2013. According to the "Global and Chinese Automotive Semiconductor...

Lithium-ion battery market forecast to grow 6.6% by 2019

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Between 2014-2019 the global Lithium-ion battery market is expected to grow at a compound annual growth rate (CAGR) of 6.6%. According to "Global Small Li-ion Battery...
Best Investment Option

Increasing investor interest in cloud computing and mobile tech

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According to Deloitte’s "2015 Global Venture Capital Confidence Survey”, there is positive sentiment among investors in new and emerging technologies such as the Internet...
Deutsche Bank AG logo

Deutsche Bank cutting workforce by 25 percent

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Deutsche Bank plans to cut its workforce by 25 percent, according to financial sources. The investment bank will be laying off 23,000 employees primarily in...
savings growing

NS&I cutting ISA rate for over 400,000 savers

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National Savings & Investments (NS&I) announced that it will be cutting the rate on its tax-free ISA account from 1.5% to 1.25% in November. As...
World economy

Growing vulnerabilities in major emerging economies

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Financial investors are becoming more concerned about the growing vulnerabilities in major emerging economies, particularly China, as they reassess the global growth outlook, according...
Five Pound note (sterling).

Earnings in the UK rose 2.9% in the quarter to July

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Economists expect that average earnings in the UK rose 2.9 percent over the three months to July compared with a year ago. Inflation in July...
rsz_euro_car_sales_min

Car ownership in the UK has surged to 75%

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Car ownership in the UK is on the rise, according to a report published by the British Car Auctions (BCA). The report revealed that UK...
Oil prices

Goldman Sachs slashes oil price outlook for 2016

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Goldman Sachs announced that it has cut its price outlook for oil next year. The investment bank cited oversupply and the effects of a slowing...
London Stock Exchange

UK FTSE 100 down 1.18 percent to 6155.81

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The UK FTSE 100 dropped on Thursday by 1.18 percent, or 73.20 points, to 6155.81. The drop came after the Bank of England voted to...