News

stimulus program taper

Stimulus program taper to start in January

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While the stimulus program taper starts in January, very low interest rates are here to stay for a very long while, the US Federal...

Graphene is an attractive material for nanoscale electronics

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The increasing demand for smaller and faster semiconductor technology intensifies the search for 'next-generation' materials that work well at the nanoscale as alternatives to...

Plastic banknotes to be issued, says Bank of England

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Plastic banknotes will replace the current cotton paper £5 and £10 ones, the Bank of England has announced. Banknotes means paper money, which in...
China

Bitcoin panic selling after China restricts exchanges

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Bitcoin panic selling has sunk the virtual currency’s value to less than half its recent trading price after The People’s Bank of China, the...
oecd

Tax revenues increase across OECD

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Tax revenues continue to rise across the OECD (Organization for Economic Co-operation and Development) from the low levels reported during the height of the...

Ukraine and Russia sign gas deal

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Ukraine has signed a deal with Russia that involves a major discount on gas prices as well as the purchase of billions of dollars’...

US chemical industry set for a good 2014

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The US chemical industry is forecast to have a good year ahead, as the production of natural gas and shale increase and boost exports,...

US current account deficit 4-year record low

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The US current account deficit for the third quarter of 2013 was $94.8 billion, a 4-year record low, according to figures published by the...
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Glaxo to stop paying doctors for promoting its drugs

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Glaxo (GlaxoSmithKline) announced that it is to stop paying doctors for promoting its medications. After a bribery scandal in China in which the company was...
CBI and Accenture

UK companies positive on job creation

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More than half of UK companies say they expect to create new jobs, the first time since the start of the Great Recession, according...