April unemployment fell while jobs growth picked up, US
The good news is that April unemployment fell 0.4% to 6.3% in the US, the lowest level in six years, while employers added 288,000...
March Eurozone unemployment fell slightly
March Eurozone unemployment fell slightly to 18.913 million, 22,000 fewer people than in February 2014 and 316 000 lower than in March 2013, according...
AstraZeneca says No to Pfizer’s new offer
Britain’s second largest pharmaceutical company AstraZeneca says No to Pfizer’s new offer. Pfizer had raised the bid to £63 billion ($106.22 billion) or £50...
ExxonMobil’s first quarter results beat forecasts
ExxonMobil’s first quarter results beat forecasts handsomely as demand for natural gas increased significantly during the abnormally cold winter in North America and pushed...
Low European inflation persists
Low European inflation persists, particularly in the Eurozone, according to the Harmonized Index of Consumer Prices (HICP). In all European economies, with the exception...
Sony profit warning number three
Sony profit warning number three was issued on Thursday, its third warning in just six months, as the company booked a further ¥30 billion...
US initial jobless claims increased in April
US initial jobless claims increased in the week ending April 26th by 14,000 to 344,000, a nine week high, compared to the previous week....
Lloyds Bank TSB sell off planned by end June
A Lloyds Bank TSB sell off is set to occur before the end of June, George Culmer, Lloyds Finance Director announced in a conference...
Ukraine bailout money approved by IMF
Ukraine bailout money to the tune of $17.1 billion has been approved by the International Monetary Fund’s (IMF’s) Executive Board to help the country’s...
Stimulus cut continues, says Fed
The stimulus cut continues, says the Federal Reserve (Fed). US accelerating economic growth has allowed the US central bank to trim its monthly asset...