US GDP grew by 3.5 percent in third quarter
US Gross Domestic Product (GDP) expanded by an annual rate of 3.5% in the third quarter of 2014, the Bureau of Economic Analysis, part...
TransCanada applies for Energy East Pipeline Project
TransCanada Corporation said on Thursday it is seeking approval for the Energy East Pipeline Project, a 1.1 million barrel-per-day pipeline, with Canada’s National Energy...
BT posts strong second quarter citing growing fiber broadband demand
BT Group plc posted better-than-expected second-quarter earnings on Thursday, which was partly driven by rapidly growing demand for fiber broadband from both customers and...
House price growth losing steam in UK, says Nationwide
House price growth continued to lose momentum in October, falling to 9% from September’s 9.4%, the second successive month of annual growth decrease, Robert...
Royal Dutch Shell reports third quarter earnings of $5.8 billion
Royal Dutch Shell reported third quarter core earnings of $5.8 billion, ahead of expectations, with both its upstream and downstream business segments performing well.
The...
Baidu reports lackluster third quarter results
The Chinese internet giant Baidu reported lackluster profit and revenue results, well below what analysts had forecast.
The company, which operates China’s leading search engine,...
US Federal Reserve ending quantitative easing program
The US Federal Reserve has announced that it will be ending its quantitative easing (QE) program. Former head of the Federal Reserve Ben Bernanke...
Fiat Chrysler plans to spin-off Ferrari
The automobile giant, Fiat Chrysler Automobiles, has announced plans to spin-off Ferrari and sell 10% of the luxury sports carmaker on the stock market....
Billionaire numbers double since financial crisis
Inequality is spiraling out of control, with the number of billionaires globally doubling since the financial crisis of 2009, while hundreds of millions of...
BG Group to delay LNG terminal in Prince Rupert, Canada
British multinational oil and gas company BG Group plc says it won’t be until the 2020s before the liquefied natural-gas export terminal in Prince...