News

December existing home sales up, US

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December existing home sales rose by 1% to a seasonally adjusted yearly rate of 4.87 million, says the National Association of Realtors (NAR). Sales for...

Netflix has 44 million subscribers

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Netflix Inc. announced that it now has 44 million members and expects to end this quarter with 48 million. Netflix provides streaming videos and...

25% of IT workers plan to change jobs this year

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One quarter of all IT workers plan to change jobs this year, according to a new survey issued jointly by CareerBuilder.com and Sologig.com. This...
european union flag

Europe must do more for economic recovery, big business urges

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Although break-up speculation has lessened, stock prices have risen and credit spreads have narrowed, Europe must do more to encourage the economic recovery, say...
jobs

39% of US unemployed are long term jobless

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In the wake of the 2008 financial crisis, 39% of US unemployed people have been out of work for at least six months, more...

Quantitative Easing tapering – who benefits and who suffers?

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While some countries will benefit from Quantitative Easing tapering, others will suffer, says a global poll including over 1,000 business decision makers released today...

UK unemployment falls to 7.1%

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The UK unemployment rate dropped to 7.1% for the September to November 2013 period, a 0.5 percentage point drop compared to the June to...

Latin America tax revenues increase

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In Latin America tax revenues continue to increase, but still represent a much lower percentage of GDP (gross domestic product) compared to most OECD...

Pope Francis asks business leaders to be more open and inclusive

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In a message to delegates at the 44th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, Pope Francis urged business and political leaders to...
Bombardier Dash 8-Q402 parked.

Bombardier laying off 1,700 workers in Canada and US

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Canadian airplane and train maker, Bombardier, announced today that it is to cut its workforce by 1,700 in the US and Canada, mainly in...