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Defeating India’s disastrous food price inflation with trade

September 16th, 2014 (0)
Indian economic data in July on industrial growth and inflation was disappointing. Industrial sector growth slowed to 3.4 per cent in June 2014 with the manufacturing sector, the largest component, growing at an anaemic 1.8 per cent. But the ...

Russian European food sanctions have consequences

September 5th, 2014 (0)
Bas Feijtel has a bumper crop of pears and no place to sell them all, so he’s leaving a quarter of them to rot. That’s because the price he gets for his pears plunged 70 percent from last year after ...

Asian Stocks Fall as BHP Billiton Drags Index Lower

August 20th, 2014 (0)
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...

Alibaba Has a Computing Cloud, and It’s Growing, Too

August 5th, 2014 (0)
Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. Will it take on the American cloud giants? It would ...

China’s factories expand as global trade flourish

August 1st, 2014 (0)
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...

EU court to decide on tax-free trading of bitcoin

July 30th, 2014 (0)
Tax-free trading of bitcoin is on legal questioning at the European Union’s top court following Swedish authorities request to extend existing levies to virtual currencies. The EU Court of Justice must decide if transactions between virtual and traditional currencies ...

Dollar Tree to acquire Family Dollar Stores

July 29th, 2014 (0)
Dollar Tree Inc. (DLTR:US) agreed to buy Family Dollar Stores Inc. (FDO:US) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S. Dollar Tree will ...

U.S. companies search for growth overseas

July 28th, 2014 (0)
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...

Amazon Sued Over Billing for App Store Purchases

July 11th, 2014 (0)
Settling isn’t the Amazon way, whether the dispute is with book publishers or the federal government. The Federal Trade Commission on Thursday filed a suit in a Federal District Court in Seattle, contending that Amazon improperly billed customers for ...

JPMorgan Investors Show Support for Dimon in Cancer Fight

July 2nd, 2014 (0)
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. (JPM) have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising new questions about succession plans at the biggest U.S. bank. ...
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