Private sector jobs increased 220,000, US
Private sector jobs increased 220,000 from March to April in the US, according to figures published in April’s ADP National Employment Report. The report...
Alstom considers General Electric’s bid
While Alstom considers General Electric’s bid worth $16.9 billion for its energy division, the French multinational emphasized it would welcome a rival offer from...
US GDP growth slowed sharply in Q1 2014
US GDP growth slowed sharply in the first quarter of 2014 to an annual rate of 0.1%, compared to 2.6% in the previous quarter,...
Twitter Q1 2014 results disappoint investors
Even though Twitter Q1 2014 results boasted revenue increasing by 119% compared to Q1 2013, and its monthly active user base grew 5.8% versus...
Shale gas revolution undermined by US pipeline infrastructure gap
The US shale gas revolution is being held back by a lack of pipeline infrastructure, says a new report by law firm White &...
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...