The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for August, adjusted for seasonal variation … Read more
The Japanese government and TEPCO were scrambling to reassure people Friday that they have a lid on Fukushima after a senior utility executive said the nuclear plant was “not under control”. The remarks by Kazuhiko Yamashita, who holds the executive…
Chinese authorities have visited an office of German pharmaceutical giant Bayer, the company said Friday, making it the latest target in a probe of foreign drug firms over high prices. One of its offices was visited at the end of last month to investigate…
We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of … Read more
Spain’s accumulated public debt soared to a record high at the end of June, the Bank of Spain said Friday, shattering government targets despite a relentless austerity squeeze. Spain, which boasts the eurozone’s fourth largest economy, had racked up…
Twitter announced Thursday, in a tweet, that it has submitted papers for a stock offering, the most hotly anticipated in the tech sector since Facebook’s last year. “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does…
Women and children sit on the stoop of a produce shop in a township outside Johannesburg, South Africa, in this file photo. (Melanie Stetson Freeman/Staff/File) Africa’s population is predicted to more than double to 2.4 billion people by 2050 according…
The US deficit was down 35 percent to $755 billion in the first 11 months of the fiscal year, after posting an August shortfall of $148 billion, the Treasury said Thursday. Although larger than the average monthly spending gap, the August deficit was…
Thanks to fans’ insatiable love for the game and ad companies’ equally undying love for profits, the fantasy sports “industry” … Read more
The government budget deficit during the month of August was $147.9 billion, the U.S. Department of the Treasury reports. This … Read more
Swiss labour inspectors said Thursday they were investigating the Zurich offices of US bank Goldman Sachs after staff complained about breaches of rules on working hours. The issue of bankers’ often-lengthy working hours has hit the headlines following…
Recession-hit Cyprus said Thursday it has sealed improved terms on a 2.5 billion euro ($3.3 billion) loan it obtained from Russia in 2011. An agreement signed in Moscow lowers the interest rate and extends the repayment period, the finance ministry…
Greece’s unemployment rate hit a new record high in June, the state statistics agency said on Thursday, despite recent signs that the country’s battered economy is improving. The jobless ratio climbed to 27.9 percent of the workforce in June from 27…
Shareholders of Dell approved Thursday a proposal led by company founder Michael Dell to take the iconic computer company private. The proposal, worth about $25 billion, won an unspecified majority of votes from the holders of Dell stock, Dell said…
A massive rally by Catalans demanding independence from Spain has put political leaders on the spot, forcing them to tackle demands for a referendum on the region’s future, analysts say. Many people in Catalonia, feeling slighted and short-changed by…