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BP lawsuit widens to British pension funds

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Now that the Gulf of Mexico oil spill can be tried in the US under British law, the BP lawsuit widens to include UK...

Moderate Eurozone growth continues

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Moderate Eurozone growth is expected to continue, with second quarter 2014 GDP expanding by 0.3%, after the 0.2% growth posted in Q1, say researchers...

GM June sales 1% up on last year

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GM June sales were 1% higher than in June 2013, marking its best June in seven years. Retail sales rose by 1% and fleet...

Mercedes record sales reported

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Mercedes record sales were reported for the first six months of 2014, with more than 783,520 deliveries of new vehicles, an increase of 12.8%....

Global economic slowdown plus growing income inequality forecast

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A new OECD study predicts a global economic slowdown plus growing income inequality for the next thirty to fifty years. The authors, who looked...
Kroger

Kroger Vitacost purchase agreed

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A Kroger Vitacost purchase worth $280 million has been agreed by the supermarket giant and the vitamins & health products online seller. According to...
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Giant BMW Mexican investment announced

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A giant BMW Mexican investment worth about $1 billion was announced by the German luxury car manufacturer yesterday, adding to the number of automakers...

US June unemployment falls to 6.1 percent

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US June unemployment falls by 0.2 percentage point to 6.1%, its lowest level in nearly six years, the Bureau of Labor Statistics informs. Non-farm...

Goldman Sachs gender bias lawsuit

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A Goldman Sachs gender bias lawsuit may be extended to cover more than a decade of alleged discrimination. Two former employees say the investment...

Facebook LiveRail acquisition agreed

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A Facebook LiveRail acquisition has been agreed between the start-up company that allows for more relevant banner ads to be targeted at online videos...