UK trade deficit drops to lowest level in nearly two years
The UK’s trade in goods deficit fell to the lowest level in almost two years in May as ship imports and material manufactures dropped...
P&G agrees to merge 43 of its beauty brands with Coty
Procter & Gamble announced that is merging 43 of its beauty brands with Coty Inc. in a Reverse Morris Trust transaction worth around $12.5 billion.
In...
Ford moving production of Focus and C-Max out of the US
Ford announced that it will no longer produce the Focus and C-Max vehicles at its Michigan Assembly plant starting in 2018.
In a statement the...
US budget deficit has dropped by $52 billion, says CBO
According to the Congressional Budget Office, the US budget deficit dropped by $52 billion during the first nine months of the fiscal year from...
Google self driving car roams the streets of Austin
Google's self-driving cars are roaming the streets of Austin, Texas, furthering efforts on how the prototype interact with traffic, road conditions, and people.
Google has been working...
Microsoft releases new Skype for Business app
Microsoft just announced the released on the Skype for Business app, which is now available for Windows Phones.
The new Skype for Business app will be...
IMF warns against US Fed hiking rates this year
The International Monetary Fund (IMF) warned against the US Federal Reserve hiking interest rates this year.
The IMF recommends waiting for “clear signs of wage...
UK plans to sell half of its stake in RBS within two years
The UK government plans on selling half of its stake in Royal Bank of Scotland (RBS) within the next two years, according to reports.
Last...
US service sector growth higher in June
Growth in the US service sector rose in June, according to data released by the Institute for Supply Management on Monday.
However, the index of...
Greece leaving the eurozone is now a very real possibility
The Greek people have cast their vote and the result is a resounding “no” to accepting strict austerity measures and following creditors’ bailout terms.
Many...