ECB holds interest rates at 0.25%
The Governing Council of the ECB decided to keep its benchmark interest rate at 0.25%, which is already a record low. The interest rates...
UK EU membership crucial, says car industry
UK EU membership is crucial, says the automotive industry.
Being part of the European Union is vital for future success, said Mike Hawes, Chief Executive...
Great Recession over, but global obstacles remain, says IMF chief
Although the Great Recession is over and the world economy is turning the corner, there are still global obstacles that inhibit faster growth, said...
German minimum wage approved
A German minimum wage of €8.50 ($11.75) per hour has been approved by Chancellor Angela Merkel – it will start in 2015. Out of...
Should family businesses hire outside bloodline?
It is understandable why family businesses aim to keep things within the bloodline, the Hiltons and Murdochs have thrived with such an approach. However,...
Greek bailout €8.3bn instalment approved by Eurozone
The next installment of the Greek bailout - €8.3bn ($11.4bn) - has been approved by Eurozone ministers. According to Jeroen Dijsselbloem, Dutch Finance Minister...
Obamacare 7 million target reached
President Barack Obama announced that 7.1 million people have signed up for affordable care the through the Health Insurance Marketplace. The figure will be...
US March manufacturing growth picked up
US March manufacturing growth accelerated in comparison to February, according to the Manufacturing ISM® Report On Business published by the Institute for Supply Management....
German March unemployment down to 6.7%
German March unemployment declined by 12,000 to 2.901 million or 6.7%, more than the 7,500 to 10,000 fall that had been forecast by analysts....
Wind energy reduces energy bills, study says
According to data released by the American Wind Energy Association (AWEA), wind energy reduces energy bills through market competition, refuting claims made by Exelon...