Amazon bought Twitch for $970 million
In a move that beat off Google’s YouTube and Yahoo, Amazon bought Twitch, the video-gaming streaming company, for $970 million in cash. YouTube was...
Boeing BOC Aviation 8.8 billion dollar deal agreed
A Boeing BOC Aviation deal worth $8.8 billion for 82 aircraft has been agreed, the Boeing Company announced. The Singapore-based airplane-leasing arm of Bank...
What is Capacity Utilization?
Capacity utilization is a term used to describe how a company or country uses its installed productive capacity.
It analyzes the rate of output that...
Very few Californians have earthquake insurance
Just 12% of Californians have earthquake insurance compared to 30% in 1996, two years after the country’s most costly seismic shock (Northridge, California), says...
UK manufacturing wages increasing, says EEF
UK manufacturing wages are increasing faster than virtually all other sectors of the economy, says a new survey published by EEF, the UK’s engineering...
German August business climate index falls
The German August Business Climate Index for industry and trade declined, says Ifo, a Munich-based research group. The Index fell from 108 in July...
Can cutting emissions save money?
Can cutting emissions save money because cleaner air would lower rates of asthma and other health problems? If so, how great would the savings...
Roche InterMune acquisition deal worth $8.3 billion agreed
A Roche InterMune acquisition deal worth $8.3 billion has been agreed by the two companies. The Swiss multinational giant is willing to pay a...
Low pay growth here to stay, says BoE deputy governor
Ben Broadbent, deputy governor of the Bank of England, believes low pay growth in the UK is here to stay, and warns British workers...
Argentinian import conditions illegal, WTO ruling
The European Commission welcomed a World Trade Organization ruling that Argentinian import conditions for companies trying to import goods into the country are breaking...