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
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
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
According to analyst Steven DeSanctis, the head of US small-cap strategy at Bank of America Merrill Lynch Global Research in New York, it may be a good time to invest in small-cap technology companies. Due to cheap valuations and conservative earnings estimates, small-cap tech companies are now more attractive investments, especially after being handicapped by… Continue Reading
International investors are not only concerned with how well their investments will do in a region, but how easy it is to conduct business there. The following list ranks the countries in which doing business is relatively easy: 1. Singapore 2. Hong Kong SAR, China 3. New Zealand 4. United States 5. Denmark Continue Reading
Eric Migicovsky, an engineer, had a great idea. He wanted to create watches that could show information from an iPhone such as caller ID and text messages. But when he went after backers the traditional way, he came up against a brick wall. Luckily Migicovsky could turn to Kickstarter. This innovative web site gives ordinary… Continue Reading
According to a survey by Fortune Magazine, Edward Jones ranks as the fifth best company to work for. The investment firm has 11,000 offices all over the United States, and an astounding 65% of its employees are women. Another characteristic that sets Edward Jones apart from some of its sister firms in the financial sector… Continue Reading
As the economy improves analysts are predicting excellent growth rates for many companies. Here is a list of some of those firms which will most likely rise quickly in the coming year. 1. TRW Automotive Holdings: The automotive industry is second only to the military industry in profitability in the world, and there is every… Continue Reading
For the first time since the 1970s Britain is facing the reality of double-dip recession. According figures supplied by London’s Office for National Statistics, the gross domestic product shrunk by 0.2 percent in the first quarter of 2012 after contracting by 0.3 percent in the last quarter of 2011. The technical definition of recession is… Continue Reading
Carl Barbier, US District Judge, is ready to hear a proposed class-action settlement over the damages done by the British Petroleum oil spoil in the Gulf of Mexico in 2010. The agreement, which will hopefully settle billions of dollars in claims, will be presented by BP PLC and a team of lawyers representing the plaintiffs… Continue Reading