Indian economic outlook improves in April
The Indian economic outlook improved in April, with the Leading Economic Index (LEI) rising by 0.7%, says The Conference Board. At the end of...
Forced labor generates 150 billion dollars in illegal profits annually
Forced labor, which includes commercial sexual exploitation, domestic and agricultural work, mining, as well as some other economic activities, generates $150 billion in illegal...
Credit Suisse helped tax cheats, fined $2.6 billion
Credit Suisse helped tax cheats and is fined $2.6 billion in the US after pleading guilty. According to the US Justice Department, the Swiss...
AT&T DIRECTV takeover
An AT&T DIRECTV takeover agreement has been approved by both boards of the US telecommunications giant and the satellite TV provider in a deal...
Can banks regulate themselves?
Can banks regulate themselves? The UK’s main banks have agreed to set up an “independent” body - Banking Standards Review Council - to oversee...
Chinese housing slowdown worries economists
The Chinese housing slowdown is worrying investors. The number of cities reporting increased new home prices in April was the lowest in 18 months,...
AstraZeneca rejects another Pfizer offer
AstraZeneca rejects another Pfizer offer, possibly putting an end to the world's largest drugmaker's quest to takeover Britain’s second largest pharmaceutical company. The new...
Food security down in Q1 2014
Bad weather, geopolitical problems, plus a 7.5% rise in cereals prices led to a fall in food security in almost 70% of nations in...
UK housing market set to burst?
Mark Carney, Governor of the Bank of England, warns that the UK housing market poses the greatest risk to the country’s long-term recovery and...
Pinterest five billion valuation raises another $200 million
Social media website Pinterest announced it has raised another $200 million at a $5 billion valuation. Analysts predict Pinterest is set for a large...