US: Job growth improves
Washington (USA) – According to an analysis conducted by Institute for Women’s Policy Research (IWPR) employment report from the U.S. Bureau of Labor Statistics, job growth improved in January with 243,000 jobs added to non-farm payrolls. In January, women gained 95,000 jobs (almost 40 percent, above their share for the past year) and More...
US stocks edge lower
European Union ministers Tuesday rejected the proposals by private Greek debt holders of a 65 to 70 percent write-down of the country’s debt, Xinhua reported. The news added to concerns about the European More...
“Attempts should be made to curtail growth of subsidies to achieve nine per cent growth”
India must try to curtail growth of subsidies if it wishes to achieve its targeted nine per cent growth in the 12th five year plan, Deputy chairman of the Planning commission, Montek Singh Ahluwalia, said here More...
CRR cut to increase liquidity, boost growth: India’s Finance Minister
The Reserve Bank’s decision to cut cash reserve ratio (CRR) by half a percentage point will boost the economic growth by increasing liquidity in the system and reducing cost of fund, the Finance Ministry More...
Weak start for Wall Street
Stocks were all over the place on Monday, powering ahead early, before falling, rising again, then slumping. The U.S. dollar dived as the euro jumped above 1.3000 and commodity currencies rebounded from recent lows. More...
Will China control London’s water supply?
Part of the London water supplier, Thames Water, is now owned by China’s sovereign wealth fund. China Investment Corporation has bought a 17% minority stake in the water company from another group of mainly More...
US Federal Reserve to predict interest rates, soon
The US Federal Reserve has said it will soon inform the public on benchmark interest rates and when they will rise. The bank will also say what the rate will most likely be at dates in the future. Starting on More...
The Innovation Lifecycle launched by US Chamber of Commerce
Washington (USA) – The U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC) today released a new multimedia platform illustrating the importance of intellectual property (IP) in job More...
China witnesses rise of a new class of super consumers
Honk Kong (China) – The slowing down of China’s economy has not stopped retail-spending growth and the emergence of a new class of super consumers in one of the world’s largest economies, according More...
The pace of mergers and acquisitions has slowed: Study
Morningstar, Inc., a provider of independent investment research, today published its merger and acquisition insights report for 2012, “Economic Headwinds Shift Catalysts for Takeover Activity.” Morningstar’s More...