More JP Morgan job cuts
JP Morgan job cuts in its retail banking and mortgage sections will involve 8,000 employees.
America’s largest bank, which had previously announced a 4,000 reduction...
European economic recovery gaining ground
The European economy is gaining ground, says the European Commission, though not at the same rates or strengths in all countries.
The consequences of debt...
Fed stimulus pullback, is timing right? Economists divided
Economists at the National Association for Business Economics (NABE) are equally divided on whether the Fed stimulus pullback – tapering back on its bond-buying...
Bitcoin exchange MtGox goes offline
Tokyo based MTGox, once the world’s largest bitcoin exchange, has gone offline after spotting what it described as “unusual activity”.
The Bitcoin exchange has recently...
Marketing mistakes in Eastern countries the kiss of death
Marketing mistakes made by major brands, because they take a one-fits-all approach when selling in Eastern nations and do not take into account cultural...
Mobile advertising, targeting consumers by interest and location
Targeting consumers by interest followed by location is the most acceptable way for mobile advertising.
The data comes from a PwC report, titled “Mobile advertising:...
HSBC profits $22.6 billion 2013, up 9%
HSBC profits reached $22.6 billion in 2013, missing analysts’ forecasts of of $24.3 billion, but 9% higher than $20.6 billion registered in 2012.
Europe’s largest...
Retail sales forecast for 2014, 4.1% growth, US
The National Retail Foundation (NRF) says its retail sales forecast for 2014 predicts growth of 4.1%, excluding restaurants, gas stations and automobile sales.
An increase...
Mexico car exports rising rapidly
Mexico car exports to the United States will soon replace Japan for second place, according to IHS Automotive.
Currently, Canada is the largest car exporter...
G20 pledged $2 trillion extra global growth
In Sydney, Australia today, the Central Bank Governors and Finance Ministers of the G20 pledged $2 trillion in extra worldwide growth, by implementing policies...