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International and Economic News

Friday, 25. April 2014
Company Reports
The company increased its profit outlook for the year as its first-quarter revenue rose. Net income, however, fell 13 percent after a shift in the company's pension plan.
Friday, 25. April 2014
Suits and Litigation (Civil)
Connoisseurs driving up the prices of rare and collectible wines have spurred a wave of counterfeiters who target collectors eager to flaunt their trophies.
Friday, 25. April 2014
Facebook Inc|FB|NASDAQ
Asian stocks struggled on Friday, as fears of an escalating Ukraine crisis eclipsed upbeat U.S. economic data and robust U.S. tech shares.
Thursday, 24. April 2014
Though a laggard in smartphone location apps, Nokia's Here mapping system is a leader in car navigation and might be a tantalizing takeover target.
Thursday, 24. April 2014
Economic growth (GDP)
The ONS has analysed the nature of Britain's economy and how it compares with other G7 countries. Here are the main pointsBritain's economic recovery appears to be well under way but, with growth apparently secured and the outlook bright, the focus has shifted to the nature of the recovery.It is the received wisdom that in the runup to the financial crisis that hit in 2008, the UK economy was too heavily dependent on credit-fuelled consumer spending and on financial services. A shift towards...
Thursday, 24. April 2014
Median pay rise reported by Incomes Data Services compared with an annual inflation rate of 1.6% in MarchBritain's employers handed workers an average pay rise of 2.5% in the first quarter of the year, easily outpacing the official rate of inflation.The median pay rise reported by Incomes Data Services compared with an annual inflation rate of 1.6% in March, as measured by the consumer prices index. Continue reading...
Thursday, 24. April 2014
Manufacturing sector
CBI survey suggests strong growth in orders is driving rapid increase in manufacturing confidenceThe mood in Britain's factories is at its most upbeat in more than 40 years, a survey by the CBI shows, in what could prove to be an important pre-election boost for the government.A combination of strong growth in orders both at home and abroad is driving a rapid rise in confidence among manufacturers, according to the business lobby group. Continue reading...
Wednesday, 23. April 2014
Primary budget facts and details in the small print can no longer be hidden by creative accounting and a sleight of handIt was dodgy accounting that got Greece into a mess in the first place. Now, more dodgy accounting is being used to dress up the dire state of the nation's public finances.When the government in Athens announced last week that it was running a surplus in its primary budget a measure of financial health that strips out interest payments it could only do so by recording more...
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