News

Michael Bloomberg KBE

Michael Bloomberg knighted by the Queen

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Billionaire Michael Bloomberg, the former Mayor of New York and founder of financial information company Bloomberg, has been given an honorary knighthood by The...
UK housing market

UK house prices set to fall by -0.8 percent in 2015

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After increasing by 7.8% in 2014, UK house prices are forecast to fall by -0.8% in 2015, says the Centre for Economics and Business...
Eurozone

Eurozone 4th quarter GDP growth of 0.2% predicted by Ifo Institute

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The Prestigious Munich-based think tank, the Ifo Institute, along with INSEE of France and ISTAT of Italy, forecast a very moderate 0.2% annual Eurozone GDP...
Totally Wicked

E-cigarettes are NOT tobacco products, company tells EU regulators

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British e-cigarette company Totally Wicked wants to stop the EU Tobacco Products Directive (TPD) from classing electronic cigarettes as tobacco products. It has been...
Samsung

Samsung Electronics to invest $14.7 billion in chip plant

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The South Korean multinational electronics giant Samsung Electronics Co. Ltd. announced a plan to spend $14.7 billion on a new chip plant at its...

Euro Disney shares plummet by 15 percent

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The company that runs Disneyland Paris, Euro Disney S.C.A., saw its share price sink by 15% in early trading on Monday after announcing a...
Hewlett-Packard logo

Hewlett-Packard to separate PC and printer businesses

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American multinational information technology giant Hewlett-Packard Co. is planning to split its less profitable corporate hardware and services operations from its more successful printer...
UK Car Sales

UK September car sales rose 5.6 percent to a 10-year high

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New car sales in the UK in September increased by 5.6% to 425,861 vehicles, the largest September since 2004, according to figures published by...
German economy

Factory orders in Germany in August sink 5.7 percent

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German factory orders sank -5.7% compared to July, says statistical agency Destatis. This is the largest decline since the peak of the global financial crisis...
Beef Recall

90,987 pounds of ground beef recalled by Texas company

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Corpus Christi-based Sam Kane Beef Processors Inc. has recalled 90,987 pounds of ground beef products that may be contaminated with metal pieces, the Food...