News

Nobel

2013 Economics Nobel Prize awarded to trio

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The Royal Swedish Academy of Sciences has awarded the 2013 Economic Nobel prize to Eugene F. Fama, University of Chicago, IL, Lars Peter Hansen, University...
Chinese services sector

China exports fall in September 2013

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China’s exports fell in September, surprising experts who had generally expected to see a rise. The General Administration of Customs in China said weak global...
JPMorgan Q3 loss

JPMorgan Q3 loss of $380 million

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After setting aside $9.2 billion to cover legal expenses, JPMorgan Chase & Co. reported a third quarter loss of $380 million (17 cents per...
Absenteeism

Attitude to absenteeism differs around the world

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New research finds that employees have different attitudes to absenteeism around the world, and suggests multinational corporations should take local norms into account when...
Fair Value Accounting

Fair Value Accounting Probably Did Not Drive the 2008 Financial Crisis, Says RAND Team

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A new study from the RAND Corporation, finds that the practice of Fair Value Accounting (FVA) probably did not help drive the 2008 financial...
Royal Mail sale

Was the Royal Mail sale too cheap?

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Royal Mail shares, which sold at 330p per share, rose to 456p, an increase of 38% at the beginning of conditional dealings on the...
Home prices

House prices moderating, USA

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House prices across the United States are moderating, says a new report issued by ZipRealty. Inc. Lanny Baker, CEO and President of ZipRealty, said "The...
787 Dreamliner glitches

More Boeing 787 Dreamliner Glitches, Japan Airlines

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Boeing's 787 Dreamliner glitches do no seem to go away. Japan Airlines has had to turn around two airplanes in mid-flight because of technical issues. In...
Flight time limits

European pilots flight time limits

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MEPs (members of the European Parliament) voted for firmer flight time limits for pilots, saying that safety is a top priority. However, some people are...
Digital native

Iceland leads world in young people online as proportion of population

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After achieving the first attempt to measure by country, the "digital natives" in the world, researchers have found that Iceland tops the list of...