Heinz shedding jobs in USA and Canada
As part of an effort to improve efficiency, food maker H.J. Heinz is shedding jobs - closing plants in Idaho, South Carolina and Canada,...
Janet Yellen says stimulus timing is crucial
Federal Reserve System chairman nominee, Janet Yellen, said during a Senate Banking Committee hearing in Washington today that the stimulus program is important for...
Cultures need strong social networks to flourish
Ever wondered why some cultures die out while others flourish?
Well, a new study suggests this could be down to the strength of their social...
Government trust less since the crisis
Would you say that government trust is less since the global crisis?
According to an OECD (Organization for Economic Co-operation and Development) report, only four...
Bank of England could increase interest rates by the end of 2014
The Bank of England could increase interest rates sooner than expected due to the UK's surprisingly impressive economic recovery.
After years of recession - the...
Japanese economic slowdown casts doubts on Abenomics
Figures showing a Japanese economic slowdown for Q3 have analysts wondering whether Keynesian-inspired Abenomics is effective for the long haul.
According to the Japanese Government’s Cabinet...
Is German trade surplus harming Europe? European Commission investigates
The European Commission says it is carrying out an investigation to determine whether the German trade surplus is undermining Europe’s economic recovery. A trade...
Conscientious personality linked to good customer service
A new US study finds that not only is technical knowledge important for good performance in customer service, but also having a conscientious personality...
Oil production in North America and Brazil reducing OPEC role
Rising oil production in North America and Brazil is reducing the role of OPEC in the global oil market, a situation that will continue...
Airport passenger traffic growth increasing at a moderate rate
Aviation authorities across the world have reported a 4.1 percent increase in year-over-year airport passenger traffic for the month of September as well as...