Barclays massive jobs cut announced
A Barclays massive jobs cut has been announced, with up to 19,000 workers being laid off by 2016, the UK’s third largest bank informed....
US productivity fell 1.7% during first quarter 2014
US productivity fell 1.7% (annualized) during Q1 2014 compared to the previous quarter, according to data published today by the Bureau of Labor Statistics,...
Bond investors should consider oil investments
Bond investors should consider oil investments, two authors in a new study believe. Investors have viewed bonds as the safe haven of their investment...
Alstom profits fell 28%
Alstom profits fell 28% to €556 million euros ($774 million) for the full year to March 2014, underscoring its case for a General Electric...
Alibaba giant IPO announced
The long-awaited Alibaba giant IPO (initial public offering) has been announced as China’s leading e-commerce company files documents in the US. Analysts predict possibly...
US March trade deficit declined
The US March trade deficit declined to $40.4 billion, compared to $41.9 billion in February. Exports in March totaled $193.9 billion, the second highest...
AstraZeneca promises sales increases, later
AstraZeneca promises sales increases to more than $45 billion within the next nine years as exciting new medications come onto the market, compared to...
Bayer buys Merck’s consumer business
In a move to expand into the non-prescription medicines market, Bayer buys Merck’s consumer business for $14.2 billion. Merck’s consumer healthcare division, which includes...
Barclays Q1 2014 profits fell 5%
Barclays first quarter profits fell 5% to £1.69 billion after a 28% decline in investment bank income. The UK’s third largest bank had warned...
Better Life Index released by the OECD
According to the OECD’s Better Life Index, the Danes want to be happy, Australians strive for work-life balance, while the Japanese are most concerned...