News

Bureau of Economic Analysis

US GDP grew by 3.5 percent in third quarter

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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

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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...
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BT posts strong second quarter citing growing fiber broadband demand

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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...
Nationwide-Building-Society

House price growth losing steam in UK, says Nationwide

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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...
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Royal Dutch Shell reports third quarter earnings of $5.8 billion

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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

Baidu reports lackluster third quarter results

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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 Dollar Bills

US Federal Reserve ending quantitative easing program

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The US Federal Reserve has announced that it will be ending its quantitative easing (QE) program. Former head of the Federal Reserve Ben Bernanke...
ferrari

Fiat Chrysler plans to spin-off Ferrari

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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....
Oxfam

Billionaire numbers double since financial crisis

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Inequality is spiraling out of control, with the number of billionaires globally doubling since the financial crisis of 2009, while hundreds of millions of...
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BG Group to delay LNG terminal in Prince Rupert, Canada

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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...