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World Bank lowers projection

World Bank

Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. [Read more…]

World share markets up

euro stock exchange

World share markets climbed closer to record levels on Tuesday on expectations the European Central Bank will extend its easy monetary policy, while gold slipped to a one-month low following upbeat U.S. economic data. [Read more…]

Iran and Germany set for economic forum

Iran - Germany Economic Forum

Tehran – Iran and Germany are set to hold a major economic forum aimed at promoting mutual cooperation in the fields of industry, mines and trade. [Read more…]

Leading Economic Index increases in US

board index

The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent in January to 99.5 (2004 = 100), following no change in December, and a 0.9 percent increase in November. [Read more…]

Love spending policy changes

love policy

Love may be in the air this month but partners will unlikely be on the receiving end as new Lloyds Bank research reveals that people in relationships are more likely to spend on their hobbies than their loved ones.  [Read more…]

Global Capital Market in doubt

davos forum

Davos – The global capital market, having been spoiled over the years by ample liquidity, may be put to the test with the US Federal Reserve’s tapering of quantitative easing (QE) measures. [Read more…]

Carl Icahn invests in Apple

Carl Icahn

Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday to take his investment in the iPhone maker to $3.6 billion, while ratcheting up his months-long campaign to pry open the company’s cash hoard. [Read more…]

Boeing Starts Assembly KC-46A

Boeing

Boeing [NYSE: BA] is assembling the fourth and final KC-46A test aircraft for the U.S. Air Force’s next-generation aerial refueling tanker program at the company’s Everett factory, keeping the program on track to deliver the initial 18 tankers to the Air Force by 2017. [Read more…]

World Economic League Table 2013

cebr graphs

The leading economic consultancy Cebr released its annual report The World Economic League Table. The report gives an end of year report on GDP in the 30 largest economies in the world. It also forecasts which countries will be in the ‘Top Thirty’ for 5, 10 and 15 years ahead. [Read more…]

Brits Want To Club Together

uk money

Dutch-style ‘collective pensions’ are the most popular option with the British public for their retirement saving, according to a new report published today by the think tank IPPR viagra samples. This type of pension is currently illegal in the UK despite working well abroad, and would allow private sector workers in factories and shops to “club together” in the same way that public sector pensions allow teachers and nurses to. [Read more…]