News

May Employment Trends Index increased, US

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The US May Employment Trends Index went up to 118.58 from 117.32 in April, says The Conference Board. The Employment Trends Index (ETI) was...

Indian economic reforms unveiled

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Indian economic reforms were presented to parliament by President Pranab Mukherjee on behalf of Prime Minister Narendra Modi who came to power in May...

Bulgarian Gazprom gas pipeline halted, Russia talks of creeping sanctions

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As work on the Bulgarian Gazprom gas pipeline is halted because it breaks European Union (EU) public procurement laws, Russia accuses the 28-nation trading...

FIFA sponsors want corruption allegations investigated

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FIFA sponsors Coca-Cola, Visa, Hyundai-Kia, Adidas and Sony are becoming increasingly concerned about allegations of corruption linked to the Qatar 2022 World Cup bidding...

Strong British manufacturing growth forecast by EEF

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The manufacturers’ organization EEF has predicted strong British manufacturing growth for 2014, up to 3.6% according to its latest quarterly survey, well ahead of...

Japanese GDP growth strong during first quarter

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Japanese GDP growth was revised upward to 1.6% from 1.5% for the first quarter of 2014, which translates into 6.7% per year instead of...

Game relisting valued at £340m

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Game relisting has been valued at £340 million. The British video games retail company says it will relist on the London Stock Exchange on...

Unaffordable housing affects 52 percent of Americans

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Many people in the US have had to get an additional job, defer saving for retirement, or cut back on healthy foods and health...

Consumer credit surged in April, US

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Consumer credit surged in April in the United States to $3.18 trillion, an increase of $26.85 billion or 10.2% (annual rate), following a revised...

German economic outlook 2014 to 2016

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Bundesbank economists are still optimistic about the German economic outlook for the next three years, even if Q2 growth has not been as buoyant...