News

Vodafone Ono €7.2 billion takeover

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A Vodafone Ono €7.2 billion ($10 billion, £6 billion)  takeover, including debt, has been agreed, a deal Vodafone says is part of its aim...

CITIC Bank shares suspended

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Following reports that authorities in China are bearing down on mobile phone payment systems, shares in CITIC Bank (China Citic Bank Corp) were suspended...

US cheeses are cheap imitations, says the European Union

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US cheeses are cheap imitations and should not be sold using the names of well known European produce, such as Parmesan, Feta and Muenster,...

Alibaba flotation planned in US

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The expected Alibaba flotation plan in the United States has been announced by China’s major e-commerce company. In a public announcement, the firm said...

February producer prices fell, US

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February producer prices fell 0.1% in the United States, according to the US Bureau of Labor Statistics. In January the Producer Price Index (PPI)...
Business man and women

Overtime rules revision, millions will benefit

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President Obama’s overtime rule revision announced this month will benefit millions of workers, according to Economics Policy Institute Vice President Ross Eisenbrey and Jared...
Skycrapers

LIBOR manipulation, 16 banks sued by US regulator

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Sixteen banks have been sued by a US regulator for LIBOR manipulation, the London Interbank Offered Rate, which is used to set global financial...
Ship at sea

The Gulf contract ban on BP plc has been lifted

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BP plc has just received the green light to compete against other oil companies for contracts in the Gulf of Mexico again. The decision comes...
Analysts

Exchange rate behavior similar to particles in a molecular fluid

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The underlying mechanism in exchange rate behavior is similar to that of microparticles in fluid, a team of researchers from Japan and Switzerland have...
Bank of England

Returning bank bonuses, Bank of England proposal

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Returning bank bonuses may become possible in the United Kingdom if a Bank of England proposal goes through. The BoE is proposing that all...