US shutdown affecting businesses
Is the US shutdown affecting businesses? Yes, says Commerce Secretary Penny Pritzker, who is at the APEC (Asia-Pacific Economic Cooperation) Summit in Bali, Indonesia.
President...
Asia Pacific investment to continue to rise
The majority of chief executive officers (70%) say they plan to increase Asia Pacific Investment, according to PricewaterhouseCoopers International Ltd (PwC) in a new...
US policy think tank proposes overhaul of college financing
College financing in the US badly needs overhauling says a policy think tank that is about to propose new ways to simplify the complicated...
Tesla car fire, shares fall
After automobile blog Jalopnik circulated images of a Tesla car fire (Model S electric sedan) after an accident in Kent, 20 miles south of...
Home working may be more productive
Employees who work from home get more work done than their colleagues in the office, mainly because there is less distraction, they appreciate the...
Small businesses wary about hiring new staff
Small and medium-sized enterprises (SMEs) in the US are guarded about hiring new staff, according to a survey that also shows a fall in...
Samsung profit third quarter rising to $9.3 billion
Samsung Electronics Co Ltd. sees likely 10.1 trillion won ($9.4 billion) in Q3 operating profit during the third quarter of 2013, an increase of...
UK economy growing fastest among developed nations
The UK economy grew at its fastest rate in sixteen years during the third quarter of 2013, according to the Chartered Institute of Purchasing...
Twitter plans $1 billion IPO
Twitter Inc., the microblogging social networking company, plans an initial public offering (IPO) of $1 billion. It has filed a document with US regulators.
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US debt crisis a threat to global economy, IMF
Christine Lagarde, the Managing Director of the IMF, warns that if the US debt ceiling is not raised the consequences will be much more...