February industrial production rebound, US
There was a February industrial production rebound in the United States, according to figures released by the Federal Reserve System (Fed). The recovery was...
Vodafone Ono €7.2 billion takeover
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
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
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
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
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)...
Overtime rules revision, millions will benefit
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...
LIBOR manipulation, 16 banks sued by US regulator
Sixteen banks have been sued by a US regulator for LIBOR manipulation, the London Interbank Offered Rate, which is used to set global financial...
The Gulf contract ban on BP plc has been lifted
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...
Exchange rate behavior similar to particles in a molecular fluid
The underlying mechanism in exchange rate behavior is similar to that of microparticles in fluid, a team of researchers from Japan and Switzerland have...