Eurozone growth slowed down in Q1 2014
Eurozone growth slowed down in the first quarter of 2014, according to Eurostat, the EU’s statistical agency. Gross domestic product (GDP) grew by 0.2%...
German economy accelerated in Q1 2014, but not France
While the German economy accelerated in the first quarter of 2014, France’s stood still, according to latest government figures. German GDP (gross domestic product)...
Valeant Allergan offer will be sweetened
After an initial unsolicited $47 billion bid, the Valeant Allergan offer will be sweetened, Valeant Pharmaceuticals International Inc. has announced. Pershing Square Capital, an...
Japanese GDP accelerated in first quarter
Japanese GDP accelerated in the first quarter of 2014 as shoppers rushed to get their purchases done before sales tax (consumption tax) increased on...
Student debt undermines wealth accumulation
Student debt undermines wealth accumulation, with households headed by young adults burdened with student debts building up wealth far more slowly than their student-debt-free...
US and EU economic forecast improving for 2014
A US and EU economic forecast for 2014 by Standish Mellon Asset Management Company LLC predicts GDP (gross domestic product) growth of 2.5% to...
UK March unemployment fell to five year low
UK March unemployment fell to 6.8%, a five year low, according to data published by the Office for National Statistic. Q1 2014 unemployment declined...
US wine consumption highest in the world
US wine consumption is the highest in the world, overtaking France in 2013 for the first time, says the International Organization of Vine and...
Consumer optimism falls
As gasoline prices rise during the yearly spring transition to summer, consumer optimism falls in the US regarding the economy to its lowest level...
Pfizer faces British lawmakers
While Pfizer faces British lawmakers regarding the company’s proposed acquisition of AstraZeneca, Ian Read, Pfizer's CEO, said his company acted with integrity. He claimed...