ADM Wild Flavors 3.13 billion dollar acquisition agreed
An ADM Wild Flavors all cash $3.13 billion (€2.3 billion) takeover deal has been agreed by the agribusiness multinational and the privately held Swiss-based...
T-Mobile bogus charges lawsuit
T-Mobile bogus charges to the tune of hundreds of millions of dollars were sent to customers, the Federal Trade Commission (FTC) says, according to...
German May industrial production fell 1.8%
German May industrial production fell 1.8% from April, on a price, seasonally and working day adjusted basis, the Federal Statistical Office (Destatis) reported today....
Global economic growth is weaker than expected, IMF
Global economic growth is weaker than expected, says Christine Lagarde, Managing Director of the International Monetary Fund (IMF). She predicts that global economic activity...
Facebook emotion contagion experiment backfires
The Facebook emotion contagion experiment carried out on nearly 700,000 unsuspecting users has triggered an investigation by the US Federal Trade Commission. Electronic Privacy...
BP lawsuit widens to British pension funds
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
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
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
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
A new OECD study predicts a global economic slowdown plus growing income inequality for the next thirty to fifty years. The authors, who looked...