U.S. consumer sentiment fell in July as expectations for future spending dropped, the Thomson Reuters/University of Michigan index of consumer sentiment revealed on Friday.
Jul 192014
Jul 192014
The central banks of Venezuela and China signed a cooperation agreement here Friday aimed at promoting the exchange of information on statistical methodologies, monetary policy strategies and funding mechanisms.
Jul 192014
The president of the European Commission (EC), Jose Manuel Durao Barroso, Friday called for concluding negotiations and finalizing a free trade agreement between the European Union (EU) and the Southern Common Market ( Mercosur).
Jul 182014
German steel industry is picking up in 2015, the Rhine-Westphalia Institute of Economic Research (RWI) in Essen said on Thursday.
Jul 182014
Global software giant Microsoft announced Thursday that it will eliminate up to 18,000 jobs over the next year in an effort to simplify the organization and integrate the recently-acquired mobile phone business of former Finnish handset maker Nokia.
Jul 182014
China’s property sector continued to cool in June, with new home prices in 55 of 70 major cities reporting month-on-month drops, the National Bureau of Statistics said Friday.
Jul 182014
The European Parliament (EP) on Thursday called for stronger measures to fight unemployment among young people in the European Union (EU), revealing that 5.3 million Europeans under 25 years old are unemployed.
Jul 182014
Resilient demand in Europe and booming Chinese market helped France’s No. 1 car maker PSA Peugeot Citroen to provide 5.5 more units worldwide in the first half of the year compared to the same period in 2013, the group said Thursday.
Jul 182014
Morgan Stanley Thursday reported better-than-expected earnings for the second quarter of 2014, thanks to strong performance of investment banking and wealth management business.
Jul 182014
The Bank will mobilize resources for infrastructure investment and sustainable development projects including transformational infrastructure projects that allow the region to take forward its regional integration agenda a.