News

Innovation economy forecast

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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

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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

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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

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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

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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...

Slovakia Ukraine gas pipeline agreed

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A Slovakia Ukraine gas pipeline has been agreed, which will allow Central European natural gas to get to Ukraine via Slovakia. Slovakia says it...

An EU exit would harm London

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An EU exit would harm London as a major financial center which currently rivals New York. Two reports commissioned by TheCityUK, a lobby group...

Alstom takeover, French government slams brakes

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A possible Alstom takeover by either America’s General Electric or Germany’s Siemens was confirmed on Sunday by Arnaud Montebourg, France’s Economy Minister. He emphasized...

UK March retail sales increased 4.2%

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UK March retail sales increased 4.2% compared to March 2013 and by 0.1% versus February 2014, according to figures published by the Office for...

Manufacturing cost competitiveness, US and Mexico rising stars

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Mexico and the US are the rising stars in global manufacturing cost competitiveness, according to research by The Boston Consulting Group (BCG). The overall...