News

University spin-offs have better long-term productivity

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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

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Child undernutrition is barely improved when there is economic growth, researchers from Germany, Switzerland, the US and India reported in The Lancet Global Health...
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UK current account deficit near all-time high in Q4 2014

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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...
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Is there a US deflation risk? No, says BBVA Compass

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There is no US deflation risk, say BBVA Compass economists who urge the Federal Reserve to stick to its current timeline on reducing the...
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Wal-Mart sues Visa for $5 billion

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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

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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

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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

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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

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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

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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...