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...
American inequality widened from 2000 to 2011
From 2000 to 2011, American inequality widened, says the Census Bureau. Median household net worth increased among the top 40% (top two quintiles) of...
Russian shrinking economy going from bad to worse
Is the Russian shrinking economy heading for a meltdown? According to the Economy Ministry on Friday, the country’s economy has shrunk in annual terms...
Amazon online advertising Google challenge
Will Amazon online advertising be taking Google head on in the multibillion lucrative Internet ad market? It appears the giant online retailer is developing...
US Job market slack remains, says Yellen
Despite unemployment coming down to 6.2%, US job market slack still remains, said Janet Yellen, chair of the US Federal Reserve.
In her opening remarks...
Dynegy acquires 21 power plants from Duke Energy and ECP
Dynegy acquires 21 power plants from private equity firm Energy Capital Partners (ECP) and Duke Energy in a $6.25 billion investment that will almost...