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Updated: 5 weeks 2 days ago

China Plans major Infrastructure and Transport Network Improvement

Mon, 03/17/2014 - 06:18


China has announced 2014-20 urbanization plan which includes major expansion for transport network and urban infrastructure in the country. The plan includes major investments in infrastructure development as the country aims to increase per capita income with urbanization drive.

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Consumer confidence in US witnesses an unexpected drop

Sun, 03/16/2014 - 10:53


A survey result published Friday revealed that consumer confidence in the United States witnessed an unexpected fall in the month of March, fuelled by a long and bitter winter.

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Amazon expands use of its virtual currency beyond Kindle Fire; now usable on Android devices

Thu, 02/20/2014 - 09:10


In a move which marks the expansion of online retail giant Amazon's virtual currency - 'Amazon Coins' - beyond the Kindle Fire device, the company has announced that customers will now be able to use 'Amazon Coins' on Android devices.

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US national average gas price increased to $3.34 per gallon last week

Tue, 02/18/2014 - 10:21


According to a GasBuddy. com survey of the gas prices at the US pumps last week, the cost of one gallon of gas in all 50 states is more than $3. The figures released by GasBuddy show that the national average price of regular gas is $3.34 per gallon; marking a 5-cent increase over the previous week figures.

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Britain’s trade deficit remains stubbornly high

Sun, 01/12/2014 - 08:02


British business leaders have urged the government to take more steps to provide a boost to exports as latest stats showed that the country's trade deficit is still stubbornly high.

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Both DTC and GST are complete: Shome

Sun, 01/12/2014 - 07:56


The Direct Taxes Code (DTC) and the Goods & Services Tax (GST) could come in 2014-15, Union Finance Minister Adviser Parthasarathi Shome said on Saturday.

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Euros Shows Sign of Recovery

Thu, 01/09/2014 - 12:58


After hitting one-month low to the dollar and one-year low to the British pound, the euro has shown recovery. When the news of the euro toppling was announced, concerns were raised by experts over Europe's poor growth outlook.

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Slowdown in Growth of China’s Economy in Fourth Quarter of 2013

Tue, 01/07/2014 - 12:56


A slight slowdown in growth of china's economy in the fourth quarter has been reported by the Reuters. It has been reported that world's second-largest economy has lost its increasing speed at the end of the year.

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European Union Leaders Pondering Fruits of 120 Billion-Euro ($163 Billion) Push to Jump-Start Economy

Mon, 01/06/2014 - 11:25


As per the median estimate in a Bloomberg News survey of economists, the euro-area joblessness rate perhaps held near a record high in November at 12.1%. The report to be released on January 8, follows tomorrow’s release of December consumer-price data.

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Fiat Signs$4.35-billion Deal to Purchase Remaining Shares of Chrysler

Fri, 01/03/2014 - 11:24


It has been reported that Italian automaker Fiat SpA has signed a $4.35-billion deal to purchase remaining shares of Chrysler Group LLC. The company has already purchased 58.5% shares of the Chrysler and remaining 41.5% held by a United Auto Workers union trust fund.

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Regulators Close Texas Community Bank; 24 Failures this Year

Sat, 12/14/2013 - 11:36


Regulators have closed Woodlands, Texas based Texas Community Bank on Friday, taking the total number of bank failures across US to 24.  Texas Community Bank operated two branches and was having $160 million in assets. The bank was managing deposits worth $142 million as per September data.

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China Reports Strong Export Numbers for November

Sun, 12/08/2013 - 12:01


China has reported strong numbers for November giving strong indication of stable recovery. The second largest economy witnessed 12.7 per cent rise in exports, which were above the expectations of market analysts. Reuters poll had forecast 7.1 percent rise in exports during November.

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Black Friday and Cyber Monday offer Attractive Travel and Shopping Opportunities

Thu, 11/28/2013 - 12:36


According to a latest report, Black Friday and Cyber Monday are not meant only for good business and shopping opportunities, but it is also a great time to travel, as many companies offer great deals in order to enjoy this holiday shopping weekend.

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