Germany’s growth has been boosting the Eurozone’s economy for years, but lessening export demand and numerous other strains may finally impact the region’s largest economy this quarter. The Ifo Business Climate index has been keeping tabs on Germany’s economic health. It reveals a slide from 109.9 in April to 109.4 this month, after a run… Continue Reading
Investing and Global Finance News
Economy Springing Ahead as Analysts Examine Latest Stats
Now that the good weather is upon us analysts can say with confidence that last winter’s improved economy was in fact not related to the weather. Building new homes is up to close to a three-year high, and factory production has gone up in three out of this year’s first four months. New data released… Continue Reading
10 Best Business Laptops
Technology is swiftly gaining on numerous business sectors as it becomes more useful and eventually, undeniably necessary. Toptenreviews.com recently listed the best business laptops based on user reviews. They include: HP EliteBook Dell Latitude Samsung Series 7 HP ENVY 17 HP EliteBook 2560p Apple MacBook Pro Sony VAIO HP ProBook HP Folio 13 Series Dell… Continue Reading
Mixed Messages From England on Economic Recovery
The economic news from London is a bit encouraging as the Office for National Statistics announced that 13,700 fewer jobless-benefit claims were made in March, representing the largest reduction in claims in one month since July 2010. It is expected that the improved figures will help to boost the popularity of Prime Minister David Cameron… Continue Reading
Facebook Raises IPO Price Range as Anticipation Heightens
Facebook’s IPO is already expected to be the largest in history, and the internet company has just revealed that it is expanding its initial public offering even more. As the most popular online social network, Facebook has upped the stock price range from $28-$35 to $34-$38 per share. The sale may raise as much as… Continue Reading
Ross Levinsohn: Interim CEO of Yahoo
After the recent resignation of Yahoo CEO Scott Thompson, the online giant looked inward to find an interim leader for the company, choosing an advertising veteran Ross Levinsohn. Levinsohn has a BA from the American University and is 48 years-old. Levinsohn said about his company: "There aren't many platforms like this in the world. I've… Continue Reading
France’s Economy Reports No Growth in First Quarter
Recent data from the INSEE national statistics institute has revealed that France’s economy has not advanced at all in the first quarter. The news is hardly a surprise, as France grapples with low household demand, a drop in investments, reduced exports and increasing levels of imports. Though France, one of the largest economies in the… Continue Reading
John Slosar on Cathay Pacific and International Airline Carriers
The largest international carrier in Asia has revealed that economy fares have fallen as much as ten percent since the start of 2012. The situation is a result of lessening travel demand as economic turmoil persists. In an interview with Bloomberg in Hong Kong, Cathay Pacific CEO John Slosar explained the current market conditions and… Continue Reading
China’s Economy Sees Slowdown as Export Demand Falls
Contrary to previous forecasts, China’s economy faced a minor setback this past April as output data disappointed, retail sales fell and prices were eased slightly. Industrial output advanced at its slowest pace in three years, while fixed asset investment growth fell to its lowest in nearly a decade. The falter reveals that the real estate… Continue Reading
Company Focus: Inmarsat Plc.
According to Inmarsat Plc., the company’s quarterly core earnings increased as a result of its maritime unit. “Subscriber growth of over 10 percent in the first quarter continues to underpin our expectations for improved results in 2012,” said Rupert Pearce, Chief Executive. This year’s first quarter proved beneficial for the mobile satellite company, with core… Continue Reading