BP Q1 2014 profits fell 23%
BP Q1 2014 profits fell 23% to $3.22 billion, compared to $2.8 billion in Q4 2013 and $4.2 billion in Q1 2013. The company...
Pfizer must increase its AstraZeneca bid
Pfizer must increase its AstraZeneca bid now that it has shown its hand, probably to about $110 billion, investors are saying. The world’s largest...
UK GDP grew 0.8% in Q1 2014
UK GDP grew 0.8% in Q1 2014, according to the Office for National Statistics (ONS). The increase was largely driven by the service sector,...
Tougher European bank stress tests
In tougher European bank stress tests, banks will need to show that they can survive a 7% fall in gross domestic product (GDP), a...
Samsung mobile phone sales fell in Q1 2014
Samsung mobile phone sales fell in the first quarter of 2014, with revenues declining to 33.4 trillion won ($32.3 billion). However, the company’s mobile...
Innovation economy forecast
According to an innovation economy forecast for 2014 by the Silicon Valley Bank, almost eight in every ten executives involved in the worldwide innovation...
Eurozone March economic outlook mixed, The Conference Board
The Eurozone March economic outlook is mixed, according to the Conference Board Leading Economic Index (LEI) for the Euro Area. The Index increased by...
Panasonic reported 2014 profits
Panasonic reported 2014 profits of ¥120.4 billion ($1.2 billion) for the year to March 2014, its first full-year profit since 2010. The Japanese consumer...
Japan March retail sales surged ahead of sales tax rise
Japan March retail sales surged 11% to a 17-year record as shoppers rushed to buy goods before April's sales tax increase from 5% to...
Second Pfizer AstraZeneca bid approach confirmed
A second Pfizer AstraZeneca bid approach has been confirmed by the world’s largest pharmaceutical company. The first approach occurred in January 2014, and the...