News

JPMorgan record settlement

JPMorgan record settlement $13bn

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A JPMorgan record settlement of $13 billion with the US Department of Justice has been agreed regarding serious mispresentations to the public about several residential...
Bargain perception

Bargain perception – sale price versus original price

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Sellers should make their customers focus on the original price rather than the sale price when encouraging them to feel there is a good...

People unused to power more likely to be vengeful

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People who are not used to having power over others are more likely to be vengeful than experienced power-holders who tend to show more...
Dubai Airshow

Dubai Airshow day three – orders exceed $200bn

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During the Dubai Airshow day three orders rose beyond the psychological $200 billion ceiling, a record for any airshow, the organizers informed. Within three hours of...
Young firms

Global GDP growth revised down, OECD

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The OECD has revised its global GDP growth forecast for 2013 to 2.7% from 3.1% in May. However, the Organization for Economic Co-operation and Development...
Batteries

Using viruses to grow nanowires boosts performance of energy-dense batteries

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A team of US researchers has found a way to improve the performance of lithium-air batteries - they used modified viruses to grow unusual...
Dubai Airshow

Dubai Airshow day two $193.9bn in orders

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Dubai Airshow day two has been another great day for the order books, bringing in $193.9 billion so far, after a record-breaking day 1,...
Minimum wage

Minimum wage and crime rates not linked

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Most people believe that by raising the minimum wage crime rates would go down, but this appears to be a myth. Researchers at the University...
chinese flag

Chinese ghost cities

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Housing prices in China almost tripled between 2005 to 2009 and residential housing investment as a share of China's GDP also tripled, from 2% in 2000 to...
Dubai Airshow

Dubai Airshow kicks off with $162.6 billion in orders in 3 hours

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Within three hours of the opening of the Dubai Airshow, orders worth $162.6 billion were placed, a record for any airshow. Several companies announced orders...