Global industrial production grew 4% in Q3 2013
Global industrial production grew by 4% (annualized) during the 3rd quarter of 2013, according to a new report by DESA (United Nations Department of Economic...
EnQuest £4bn investment in the North Sea’s Kraken oil field
EnQuest PLC, the largest independent oil company in the UK, says it is investing £4 billion ($6.45 billion) in the North Sea’s Kraken oil...
French competitiveness needs to be addressed
In order to achieve healthy economic growth and create jobs French competitiveness needs to improve, says the Organization for Economic Co-operation and Development (OECD).
The...
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...