Sunday, 23 April 2017
Mark Carney wants to see unemployment hit 7% before interest rates rise
Interest rates in the UK are unlikely to rise this year, according to a snapshot of views of the UK's top economists from the BBC.   An overwhelming majority, 93% of the 28 economists polled, think rates will still be 0.5% at the end of 2014, with more than half predict...

Copper and oil slide, world equities dip

Published in Global Economy
Sunday, 05 January 2014 15:21
Copper futures dropped on Friday on concerns over Chinese growth and as the U.S. dollar strengthened, while crude oil extended recent losses and a global gauge of equities drifted lower.   Stocks were little changed on Wall Street, with low volume due in part to a snowstorm that blanketed the U.S. Northeast -including financial hubs New York and ...

JPMorgan's former "London Whale" supervisor arrested

Published in Business
Tuesday, 27 August 2013 15:28
The JP Morgan’s former supervisor, the Spaniard Javier Martin-Artajo, was arrested Tuesday in Madrid, almost two weeks after U.S. prosecutors accused him of trying to hide losses from transactions that cost the bank more than $ 6.2 billion, the scandal the "London Whale".   Martin-Artajo surrendered this morning, after being contacted by invest...
The largest network equipment manufacturer in the world, Cisco, announces unprecedented layoffs: 4000 employees. The amount represents about 5% of the American workforce giant, citing the difficult economic situation. Cisco Systems was created in December 1984 by 2 members of Stanford University computer assistance employees : Leonard Bosack the r...

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