Kraft Gives Up on Unilever while Restaurant Brands Buys Popeye’s

After getting a cool reception to its proposed merger with Unilever, Kraft decided to abandon its plans to buy the company for $50 per share. In a joint press release the two companies said the agreement More...

by David Duncan | Published 23 hours ago

US Housing Starts Decline in January

US housing starts declined by more than 2% from December’s revised seasonally adjusted figure according to the US Census Bureau. More...

General Motors Set to Layoff 625 Employees Amid NAFTA Waves

Reports indicate that auto maker General Motors is set to layoff over 600 employees in an Ontario plant amid recent news regarding More...

Draghi

Eurozone inflation remains weak in the coming years

Inflation in the Eurozone will remain weak in the coming years, suggesting that the European Central Bank (ECB) is still far from reducing More...

British retail sales

British retail sales fell in December

British retail sales fell in December at its fastest pace in almost five years, as consumers bought less of everything – from More...

Chinese economy

Chinese economy reported weakest growth in 26 years

Chinese economy grew by 6.8% in Q4 2016, according to the report of the Beijing-based Institute of Statistics. For the entire 2016 More...

inflation in USA

Annual inflation in USA accelerated in December

Annual inflation in USA accelerated in December to above 2% for the first time since mid-2014. The trend reflects rising gasoline prices More...

US jobless claims

US jobless claims fell to historically low level

The number US jobless claims fell last week, supported by the historically low level of cuts, suggesting that the labor market continues More...

Amazon (NASDAQ: AMZN) Touts 100,000 New Jobs in Announcement

Online giant Amazon (NASDAQ: AMZN) has announced news about adding up to 100,000 new jobs across its organization in a statement recently More...

Kraft Gives Up on Unilever while Restaurant Brands Buys Popeye’s

After getting a cool reception to its proposed merger with Unilever, Kraft decided to abandon its plans to buy the company for $50 per share. In a joint press release the two companies More...

Kraft Heinz Targeting Takeover of Unilever

If Kraft Heinz has its way, it’s about to get a whole lot bigger. This morning they announced that a bid was made by the company to acquire Unilever, a large global provider More...

Charlie Munger Continues Drawing Admirers at 93

Charlie Munger’s reputation has continued to grow over the years as more people realize the value of his rationality and acerbic wit. The billionaire became famous for More...

US Housing Starts Decline in January

US housing starts declined by more than 2% from December’s revised seasonally adjusted figure according to the US Census Bureau. The Bureau estimated January housing starts More...

DOW Rises Above 20000 with President Trump Claiming Success

The Dow Jones average blasted past a record of 20,000 today with the index closing at a record 20,068. The Dow has risen almost 10 percent since the November elections. Surprising More...

US Housing Starts Decline in January

US housing starts declined by more than 2% from December’s revised seasonally adjusted figure according to the US Census More...

General Motors Set to Layoff 625 Employees Amid NAFTA Waves

Reports indicate that auto maker General Motors is set to layoff over 600 employees in an Ontario plant amid recent More...

USD debt Governments of leading economies face maturing debt worth 7.7 trillion USD

The governments of the leading economies face about 7.7 trillion USD debt, maturing this year and...

Venezuela money Venezuela issue new dollar debt

Venezuela issue new dollar debt of 5 billion USD. The government bonds were emitted by the...

Greece taxpayers Taxpayers in Greece have obligations of 94 billion EUR to the Treasury

More than half of taxpayers in Greece owe money to the Treasury. The recent data show...

DOW Rises Above 20000 with President Trump Claiming Success

The Dow Jones average blasted past a record of 20,000 today with the index closing at a record 20,068. The Dow More...

Trans-Pacific Partnership facing collapse

Trump for President

Trans-Pacific Partnership is facing collapse, after the new US President Donald Trump announced that his country More...

Bulgarian wheat export exceeds 3.6 million tons in 2016

Wheat harvest in Bulgaria reached 5.65 million tons in 2016 and exports could reach 3.6-4.0 million tons, according to the experts..

European bonds traders can have a breath

European bonds traders can have a breath after two weeks of political events in the world and prospects for monetary policy...

Bitcoin freefall after massive sales in China

Bitcoin The crypto-currency Bitcoin started freefall and depreciated by almost 20% this afternoon after large sales in China, growth of the Chinese..

US Housing Starts Decline in January

US housing starts declined by more than 2% from December’s revised seasonally adjusted figure according to the US Census Bureau. The..

General Motors Set to Layoff 625 Employees Amid NAFTA Waves

Reports indicate that auto maker General Motors is set to layoff over 600 employees in an Ontario plant amid recent news..
unconditional basic income

Finland test implementation of unconditional basic income

Finland intends to examine whether the implementation of unconditional basic income can simplify the social system of the country and lead..

Kraft Gives Up on Unilever while Restaurant Brands Buys Popeye’s

After getting a cool reception to its proposed merger with Unilever, Kraft decided to abandon its plans to buy the company..
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