Putin is extremely popular in Russia despite economic meltdown
Despite heading an economy that is entering a severe recession and a currency which fell by more than 50% this year, Russia’s President Vladimir...
BlackBerry revenue slump scares off investors
Blackberry Ltd. posted a lower-than-expected revenue decline to $793 million in the third quarter compared to $1.19 billion in the same quarter last year...
UK Government borrowing down in November thanks to forex fine
UK Government borrowing in November fell to £14.1 billion, which was over 10% (£1.6 billion) lower than in November 2013, the Office for National...
UK house prices set to rise by 3% in 2015, London will be patchy
UK house prices should rise by 3% and rents by 2% in 2015, according to a forecast published by the Royal Institution of Chartered...
German consumer sentiment up in December and will rise in January
German consumer sentiment increased to 8.7 points in December and is expected to rise to 9 points in January, says the GfK Group, Germany’s...
NASA’s Kepler space telescope discovers huge alien planet
NASA’s Kepler space telescope has discovered the first alien planet since its malfunction in May 2013.
Researchers announced that the newly discovered world is HIP...
Average US 30-year mortgage rate falls to 3.80 percent
Average U.S. rates on fixed mortgages declined this week, with the US benchmark 30-year loan rate falling to 3.80 percent - a new low...
Thai Union buying US rival Bumble Bee Foods for $1.5 billion
Thai Union Frozen Products, the number one producer of canned tuna in the world, is acquiring its US rival company Bumble Bee Foods for $1.5...
Unilever drops lawsuit against “Just Mayo” maker
Unilever, maker of Hellmann’s mayonnaise, has withdrawn its lawsuit against the food startup company Hampton Creek for false advertising of its “Just Mayo” product.
In...
US Treasury selling last 11.4% stake in Ally Financial
The US Treasury has launched an offering to sell its 11.4 percent remaining stake in the Detroit-based auto lender Ally Financial Inc.
Ally Financial, the...