Personal spending increased but not income, US
While personal spending increased in December in the US, personal income remained virtually unchanged, says a new report issued by the Department of Commerce.
Personal...
2014 European banking stress tests, EBA announces key features
Key components for the 2014 European banking stress tests that will be done on a wide selection of European Union (EU) banks have been...
What are the top 100…? Behind the rankings
Top 100 reports abound, and behind each one there is a good dose of personal bias and subjective selection.
As readers, we have no choice...
Wind energy record growth seen at the end of 2013, US
Wind energy record growth was reported for the last quarter of 2013 by the US Wind Industry Fourth Quarter 2013 Market Report.
The American wind energy...
Bank stress tests – more employees needed to prepare
In order to properly prepare for the regulatory bank stress tests, banks need to take on more staff, says a new report by PwC...
Prompt payment culture vital for economic recovery, UK
A prompt payment culture is crucial for the UK’s economic recovery, says the Confederation of British Industry (CBI) in a submission to a Government...
Japanese inflation 1.3% in December
Japanese inflation rose to (annualized) 1.3% in December, according to Statistics Japan, higher than forecasts and signaling perhaps that Prime Minister Shinzō Abe’s policies,...
Google profits rose 17% in Q4 2013, missing estimates
Google profits rose 17% in the fourth quarter of 2013, reaching $3.38 billion, thanks to stronger advertising sales.
However, its earnings for the quarter of...
Hedging not so evil, study
For the first time, a study has found that hedging can increase firm value.
The overuse of derivatives, which were created to help firms hedge...
US capital market competitiveness still weak
US capital market competitiveness in Q4 2013 remained weak, with US public equity market aversion at its highest level since the onset of the...