Citigroup profit surprise of $3.94bn for Q1 2014
A Citigroup profit of $3.94bn surprised analysts today, after America’s third largest holding company described the January through March period as a “difficult” quarter....
US March retail sales up 1.1%
March retail sales in the US were up 1.1% compared to February, the biggest increase since September 2012, according to data published by the...
World trade forecast – 4.7% growth for 2014 and 5.3% for 2015
After a sluggish two years, the world trade forecast for 2014 predicts growth of 4.7% and 5.3% for 2015, according to the WTO (World...
February Eurozone industrial production up 0.2%
February Eurozone industrial production was 0.2% higher than in January, according to Eurostat, the statistical office of the European Union. In the whole of...
GSK Poland corruption investigation
A GSK Poland corruption investigation is underway, according to the BBC’s Panorama program "Who's Paying Your Doctor?" A GSK regional manager and eleven doctors...
IMFC says job-rich economic growth should be medium-term aim
Sustainable, balanced and job-rich economic growth should be the medium-term aim of countries’ focus as the global economy strengthens, the International Monetary Fund Financial...
ECB looser monetary policy possible
Mario Draghi, the European Central Bank’s president, said ECB looser monetary policy is possible if the euro continues to strengthen and the Eurozone’s inflation...
Personal income tax rose in most OECD countries
Out of 34 OECD countries, 25 have had increases in personal income tax over the past 36 months, as nations bring down the value...
Fracking earthquake link found
A fracking earthquake link has been identified by the Ohio Department of Natural Resources (ODNR), a finding that could have implications for oil &...
Tax evasion – how pervasive is it?
Most people see tax evasion as a never-ending problem for governments – but how pervasive is it? Professor Michelle Hanlon from MIT and team...