Market

retail

U.S. retail sales, manufacturing data point at firming economy

15/07/2014(0)
A gauge of U.S. consumer spending rose solidly in June, in the latest sign that the economy ended the second quarter on a firmer footing. That momentum appeared to ... Read More
juncker

Parliament elects Jean-Claude Juncker as Commission President

15/07/2014(0)
The European Parliament has issued a press release announcing the election of Jean-Claude Juncker as Commission President. With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a ... Read More
Alibaba in Hangzhou

Lions Gate, Alibaba to offer joint subscription TV streaming service in China

15/07/2014(0)
Chinese e-commerce giant Alibaba Group Holding and Lions Gate Entertainment Corp, the studio behind the ‘Hunger Games’ films, will launch a subscription streaming service in China, the firms said ... Read More
Imperial-Tobacco-Group-In-K

Imperial Tobacco to buy U.S. cigarette brands for $7.1 billion

15/07/2014(0)
Imperial Tobacco Group (IMT.L) plans to buy U.S. cigarette brands including Winston and Kool for $7.1 billion as part of Reynolds American’s (RAI.N) $27.4 billion purchase of Lorillard (LO.N). ... Read More
Jean-Claude-Juncker

EU’s Juncker says countries should get incentives to reform, warns on U.S. trade pact

15/07/2014(0)
Euro zone countries should get financial incentives if they make ambitious economic reforms, the designated candidate to become the president of the European Commission said on Tuesday. Speaking to ... Read More
Inflation - sign

Inflation in Britain Jumps Unexpectedly in June

15/07/2014(0)
British inflation unexpectedly surged to a five-month high last month and house prices continued to accelerate, prompting financial markets to increase bets on an early Bank of England rate ... Read More
draghi_ecb

Draghi Says Banks Shouldn’t Count on Another Carry Trade

15/07/2014(0)
Banks shouldn’t count on a fresh round of European Central Bank cash to trade sovereign debt and reap big profits, Mario Draghi said. “The convenience to use the ECB ... Read More
project-manager-meeting-organization

‘Myopic management’ threatens UK’s growth

15/07/2014(0)
The UK is suffering from “myopic management” that threatens its global competitiveness, an independent commission has warned. The country will need 1m new managers by 2020, to replace those ... Read More
microsoft

Microsoft is expected to cut jobs during this week

15/07/2014(0)
Microsoft Corp. (MSFT:US) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people ... Read More
debt - image

SANAD issues $10 million loan to AlexBank in Egypt

15/07/2014(0)
The SANAD Fund for MSME (SANAD) signed a $10 million senior loan contract with AlexBank. This loan, SANAD’s first in Egypt, will facilitate investment and working capital loans for ... Read More
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