News

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...

UK soaring car sales, May 2014

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UK soaring car sales registered their 27th successive month of growth in May, breaking the last 26-month stretch of growth set in the late...

Solid growth ahead, American Bankers Association

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There is solid growth ahead, the American Bankers Association (ABA) predicts. The American economy started growing again in Q2 2014 after a particularly sluggish...