Christmas spending lower for 26% of Americans
Christmas spending was lower than expected for 26% of American consumers and higher for only 14%, while 57% spent approximately what they had expected.
The...
Volkswagen North America $7 billion investment plan
Volkswagen North America has announced a $7 billion investment plan over the next five years, as well as a new seven-seater SUV (sports utility...
2013 was a Jaguar Land Rover record year
UK based Jaguar Land Rover Automotive PLC said 2013 was a record year, with delivery of 425,000 new vehicles, an increase of 19% over...
Total to invest in UK shale gas
French oil & gas giant Total says it will invest approximately $50 million in the United Kingdom’s nascent shale sector, focusing on gas exploration...
World’s fastest organic transistor paves way for new generation of cheap, high-res screens
Engineers in the US have found a way to vastly speed up the performance of organic transistors, bringing closer the day when these thin,...
China is the world’s top trading nation
In 2013 China overtook the United States as the world’s top trading nation, reporting record trade figures in December. China is also expected to...
Costs rise when failed banks lack financial transparency
Costs are lower and bidders are helped significantly more when failed banks have more financial **transparency.
** In the world of finance, business, and markets...
European Central Bank monetary policy decisions, January 9th, 2014
The European Central Bank’s Governing Council decided on January 9th to keep its three interest rates unchanged – the interest rate on the main...
Shortfall of 13 million honeybee colonies threatens Europe’s crop pollination
Across Europe, farmers are growing increasingly more crops, especially oil crops, such as oilseed rape and sunflowers, putting greater pressure on the supply of...
Reclaiming the desert using bacteria in China
A project to stop land turning into desert is showing promising results in China. There, with the help of bacteria, scientists are encouraging sand...