University spin-offs have better long-term productivity
University spin-offs tend to have superior long-term productivity than other companies, researchers from the Universitat Autonoma de Barcelona in Spain reported in the journal...
Child undernutrition not cured by economic growth
Child undernutrition is barely improved when there is economic growth, researchers from Germany, Switzerland, the US and India reported in The Lancet Global Health...
UK current account deficit near all-time high in Q4 2014
The UK current account deficit for the fourth quarter of 2014 was £22.4 billion, according to the Office for National Statistics, nearly as high...
Is there a US deflation risk? No, says BBVA Compass
There is no US deflation risk, say BBVA Compass economists who urge the Federal Reserve to stick to its current timeline on reducing the...
Wal-Mart sues Visa for $5 billion
Wal-Mart sues Visa for $5 billion after accusing the credit card company of colluding with major banks to fix transaction fee prices charged to...
BlackBerry reports $5.9bn net loss
Canadian smartphone maker BlackBerry reported a $5.9 billion net loss for its latest financial year, but registered a smaller-than-predicted loss of $423 million during...
Baxter split into two independent companies
A Baxter split into two independent, separate global healthcare firms is the best way ahead for the two businesses of Baxter International Inc., the...
IMF Ukraine loan package worth $14-18 billion agreed
An IMF Ukraine loan package stand-by arrangement worth between $14-$18 billion has been agreed (staff level agreement), after an IMF (International Monetary Fund) mission...
ANA buys $16 billions’ worth of Airbus and Boeing aircraft
All Nippon Airways (ANA), Japan’s largest airline, has announced the planned purchase of $16 billions’ (¥1700 billions’) worth of airplanes to expand its fleet...
Bank of America $9.5 billion settlement
Bank of America has agreed to pay mortgage lenders Fannie Mae and Freddie Mac $9.5 billion in the form of a $6.3 billion cash...