World economic forecast slightly down
The world economic forecast is marginally down, according to the Ifo Index, which declined to 102.3 points from 103.2. Although the six-month economic outlook...
Is the Ukraine conflict a Western European gas shortage risk?
There is a risk of a Western European gas shortage if Ukraine channels off deliveries for its own use following a cut-off of supplies...
Brazilian pessimism grows, says The Conference Board
Brazilian pessimism grows as its Leading Economic Index (LEI) fell -0.4% in April, 2014, after declining -0.3 in March and -0.6 in February. In...
General Motors fine for recall delays
A $35 million General Motors fine for delays in recalling small vehicles with defective ignition switches has been announced by the National Highway Traffic...
European car sales up 4.6 percent in April
European car sales increased by 4.6% in April 2014 compared to April 2013, its eighth successive month of growth, but down on March’s 10.6...
Greek red tape costing hundreds of millions of euros
Greek red tape is costing businesses hundreds of millions of euros each year and undermining their competitiveness, says a new OECD (Organization for Economic...
Cheap steel threatens US jobs
Cheap steel is putting hundreds of thousands of US jobs at risk as the US steel industry plunges into an import crisis, says a...
Manchester United profits up
Despite a disappointing performance on the pitch this season, Manchester United profits increased to £11 million in the three months ending March 2014 (the...
Is a Sino-Russian natural gas deal imminent?
Politicians in Western Europe and the US as well as economists are wondering whether a Sino-Russian natural gas deal is about to be signed...
UK Leading Economic Index rose 0.3 percent
The UK Leading Economic Index rose 0.3% in March, says The Conference Board, after a 0.4% increase in February and 0.6% in January. Of...