Global renewable energy generation capacity hits record
With ninety-five emerging economies currently participating compared to just 15 in 2005, global renewable energy generation capacity has reached a new record, according to...
US May auto sales hit 9-year high
US May auto sales hit a nine-year high, driven by strong demand for pickups and SUV’s. Toyota, Nissan and Chrysler reported double digit increases...
Tesco first quarter sales fall steeply
Tesco first quarter sales decline steeply, the third successive quarter fall for the United Kingdom’s biggest supermarket retailer. Increasing fierce competition among UK supermarkets...
US Employee Confidence Index split three ways
The US Employee Confidence Index is split three ways with 33% of workers commenting that the economy is strengthening, 33% saying it is remaining...
Eurozone May inflation declines to 0.5%
As Eurozone May inflation declines to 0.5% (annualized) from 0.7% in April, moving further below the European Central Bank’s (ECB’s) target of 2%, economists...
Eurozone April unemployment 11.7 percent
The Eurozone April unemployment rate declined to 11.7% compared to 11.8% in March 2014 and 12% in April 2013, according to figures released by...
EPA releases Clean Power Plan proposal to cut carbon emissions
The Clean Power Plan proposal released on Monday - the US guidelines to cut carbon emissions from existing power plants - is aimed at...
Both Chinese PMIs for May encouraging
Fears of a steep slowdown in GDP growth may have been allayed after both Chinese PMIs for May (services and manufacturing) were published. China’s...
UK May manufacturing output strong
UK May manufacturing output grew for the fifteenth consecutive month, reflecting better economic conditions and improved order books, according to the Markit/CIPs UK Manufacturing...
May Eurozone manufacturing growth slowed down
May Eurozone manufacturing growth registered its steepest slowdown in six months, according to Markit Eurozone Manufacturing PMI – final data. May Eurozone PMI (Purchasing...