JPMorgan To Sell $3.3 Billion Commodities Business to $100 Billion Giant Swiss Traders Mercuria
The business could be valued at $3.3 billion, though other sources said it was worth $2.5 billion.
US Companies Increasingly Unhappy In China Due To Economic Slowdown, Red Tape, Internet Censorship And Smog
Doing business in China is becoming more difficult than ever, and revenues are not keeping up.
China And India Sign Agreement For Greater Cooperation In IT And Software; China To Help India With Infrastructure
The two Asian giants are targeting $100 billion in bilateral trade by 2015 while China’s trade surplus with India last year was about $39 billion.
Silver Jewelry Popular Among US Consumers In 2013: Silver Institute
Half of silver jewelry purchases involve women buying jewelry for themselves, according to the survey.
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UK Unemployment Falls As More People Are Employed On Quarterly And Annual Basis And Wages Rise; Lend Strength To Economic Recovery
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Bank Of England Voted Unanimously To Keep Monetary Policy Constant; Not Too Worried About Ukraine, Future Growth: Minutes
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Japan February Trade Balance: Deficit Narrows But Worse Than Forecast
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Nikon, Apple, McDonald's Escape Unscathed From China Consumer Rights Report Ordeal
More news
Zhejiang Xingrun Default: China's Property Market Risk Concentrates In 3rd And 4th Tier Cities
The risk is particularly high in third- and fourth-tier cities. When the U.S. property bubble burst, prices didn't collapse in New York but instead in places like Orlando and Las Vegas, one economist explained.
Number Of Hong Kong's Millionaires Grew By 20 Percent Last Year, But 9 Percent Of The Wealthy Plans To Emigrate
Many of Hong Kong's older and richer millionaires, in particular, are keen to leave.
GOP Lawmaker Targets Civilian Pentagon Staff Spending While Most Members Of Navy, Marines See Their Career Sea Pay Increase
As the U.S. scales back defense spending from post-WWII highs, spending priorities are being scrutinized.
Egyptian And Tunisian Constitutions Favor Intellectual Property Rights – Here’s Why That’s Important
The countries' new constitutions have provisions to protect intellectual property rights in an attempt to foster a “knowledge economy.”
US Virgin Islands Lures Businesses With Tax Breaks
The U.S. Virgin Islands is attempting to lure small businesses with substantial incentives. Here's how they're do it.
March FOMC Meeting Preview: Fed’s Forward Guidance, QE Taper And Janet Yellen’s First Press Conference
This will also be new Fed Chair Janet Yellen's first, post-meeting news conference.
Germany’s ZEW Sentiment Index Comes In Below Expectations; ZEW Index Shows Sentiment In Euro Zone Also Takes Hit
Expectations about the German and the euro zone economies worsened in March 2014, according to the latest ZEW survey.
China Economic Data: Home Sale Prices Slow In February, FDI Rises
The data indicated a slight cooling off of the real estate market in major cities.
Euro Area, EU Inflation Slips In February; Drops In Fuel, Telecom Segments Have 'Biggest Downward Impacts'
Dining and electricity prices rose in the euro zone, but a drop in heating oil/motor fuel prices led to the lower inflation.
Railroad Shipping Of Commodities Across U.S. Slowed By Snarls
What's more, the infrastructure problem could persist throughout 2014, as railroads turn to shipping more-profitable crude oil.
Germany’s Consumer Price Inflation Slips Slightly, But In Line With Expectations; Food Inflation Contributes Significantly To Overall Number
The rise in food prices was notably higher than the overall inflation rate, an official release noted.
If Russia Central Bank Sold Gold, Gold Market Could Shiver
But Russia’s central bank has been a strong and consistent buyer of gold in the past several years.
US Senators Reach Compromise On Restoring Lapsed Unemployment Benefits
An alliance of Democrats and Republicans have agreed to extend lapsed unemployment benefits and retroactively pay out months of missed benefits.
Barclays (BARC) To Lay Off Thousands In Massive Overhaul Of Giant Investment Bank: Report
But a compelling question remains: will the overhaul and sweeping layoffs satisfy the bank's restive shareholders?
How Will Western Sanctions Affect Russia's Economy?
If extreme Iran-style sanctions are imposed on Russian exports, the EU would be much more exposed than the U.S.
Silver Could See Slow Upside From Solar Panels Amid Chinese 'War On Pollution'
The outlook for silver prices in relation to China’s giant solar panel industry is slightly bullish, but there are several unknowns.
Ukraine Crisis: These 10 American Companies Are Feeling The Heat
The Ukraine crisis has affected many business models: here are 10.
Apple, Microsoft And Other US Tech Giants’ Offshore Cash Earns Them Huge Tax-Free Interest From Government; Politicians And Companies Both Lobby For Tax Law Reform
The perfectly legal strategy helps companies substantially reduce their tax burden on profits earned in markets around the world.
Italy's Consumer Price Index, or CPI, In Line With Expectations, Confirms Provisional Estimate
The dip in inflation was mainly due to volatile components, such as unprocessed food and energy, according to Istat.
China Economic Data Disappoint; Anti-Corruption Drive, Disinflation Seen As Potential Factors Affecting Retail Sales While Premier Li Keqiang Expresses Confidence
Earlier, Premier Li Keqiang had expressed confidence about the Chinese economy in his address to the National People’s Congress.
Will Some Fast-Food Managers And Other ‘Administrators’ See A Return To Overtime Pay Eligibility?
The president is pushing to expand the number of workers who would qualify for overtime pay. The usual sides converge.
Stress In China’s Property Market A Risk To Local Government Financing Vehicles (LGFV)
“Credit defaults will definitely happen. It’s just a matter of timing, scale, and how big the impact is,” a bank regulator says.
General Electric (GE) Underwater Oil Technology Offers Promise In Business That's Like "Going To The Moon To Get The Oil"
If General Electric can help oil companies process oil at the seabed floor, it could earn millions and win fresh business in a competitive industry.
Brazilian President Dilma Rousseff’s First Term Revisited: Economically, Nothing To Be Proud Of
How did Brazil's economy fare during Dilma Rousseff's first term as president? Not very well, according to an economics firm.
Thailand's Political Instability Will Hit Its Economy Harder Than Previous Turbulent Times Did
In a weak and still recovering global economy, Thailand can't count on external factors to rescue its economy.
Euro Area Industrial Production Suffers Surprising Fall, Triggered By Fall In Production Of Consumer Durables, Energy
The monthly decrease was attributed to a fall in production of consumer durables and energy.
Did Indonesia’s Financial Market Enter ‘Euphoria Mode’?
What is driving Indonesia’s recent financial market rally? Recovering economic fundamentals or wishful thinking?
Starbucks (SBUX) Bets On Food, China And Innovation For 2014
The company’s ambitious ongoing agenda includes tapping into a $90 billion global tea market.
When Should Disabled People Be Paid Less Than Minimum Wage? Curtis Decker Says Never
A 76-year-old labor law says disabled people can be paid less than non-disabled people in some circumstances.
Military Budget 2015: Air Force Cuts See Air National Guard Hit Hard As A-10, Predator Drones And F-15C Eagles All Pushed Toward Retirement
The 2015 budget has forced the Air Force to cut heavily from the Air National Guard, which will see predator drones cut from fleet.
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