The WTO’s 25 years of achievement and challenges
As the WTO marks its 25-year anniversary, Director-General Roberto Azevêdo reflects on the organisation’s achievements and on the formidable challenges it faces in the coming years. The WTO at 25:…
Global Wealth Report 2019: Global wealth rises by 2.6% driven by US & China, despite trade tensions
Credit Suisse Research Institute publishes its tenth edition of the Global Wealth Report, the most comprehensive and up-to-date source of information on global household wealth. Global wealth grew during the…
Tata Steel and thyssenkrupp sign definitive Joint Venture agreements to create new steel champion in Europe
Tata Steel and thyssenkrupp AG today signed definitive agreements to combine their European steel businesses in a 50/50 joint venture in a new company. This follows the signing of a…
The Walt Disney Company To Acquire Twenty-First Century Fox, Inc., After Spinoff Of Certain Businesses, For $52.4 Billion In Stock
21st Century Fox to spin off Fox Broadcasting network and stations, Fox News, Fox Business, FS1, FS2 and Big Ten Network to its shareholders Acquisition complements and enhances The Walt…
Foreign trade increased faster in Estonia in 2016 than in the euro area as a whole
The surplus on the current account of the Estonian balance of payments in 2016 was the largest since independence was regained Foreign trade picked up last year as both exports…
Price rises in February were primarily due to higher prices for oil and food – Bank of Estonia
Data from Statistics Estonia show that consumer price inflation was 3.4% in February, with prices up 1.3% on the previous month.Preliminary estimates put inflation in the euro area at 2%…
Former Bundesbank president Hans Tietmeyer dies aged 85
The Deutsche Bundesbank mourns the passing of its former president, Hans Tietmeyer, who died on 27 December 2016 at the age of 85. Hans Tietmeyer started working at the Bundesbank…
Amazon Announces Best-Selling Books of 2016
Harry Potter and the Cursed Child is the best-selling book of 2016 overall and in the Kids & Teens category Harry Potter and the Cursed Child is also this year’s…
AT&T to Acquire Time Warner
New company with complementary strengths to lead the next wave of innovation in converging media and communications industry. -Combination unlike any other — the world’s best premium content with the…
CHRISTMAS CRACKER: UK RETAIL SALES TO GROW AN ESTIMATED 2.5.% IN DECEMBER 2016
As Brits start to turn their minds towards filling this year’s stockings, Mintel estimates that total UK retail sales will grow 2.5% in December 2016 to reach £42.2 billion. Shying…
DONG Energy welcomes consent decision for Hornsea Project Two offshore wind farm
DONG Energy has today (16 August) welcomed the decision of the Secretary of State for Energy to grant development consent for the Hornsea Project Two offshore wind farm, located 89…
Bank of England cuts Bank Rate to 0.25% and introduces a package of measures designed to provide additional monetary stimulus
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its…
Shop prices keep declining in the UK
Period Covered: 04 – 08 July 2016 – Overall shop prices reported deflation of 1.6% in July, from the 2.0% decline in June. This is above the 12-month average of…
Mycronic acquires Shenzhen Axxon Automation Co.,Ltd
Täby, 1 August, 2016 – Mycronic AB (publ), has signed an agreement to acquire 75 percent of Shenzhen Axxon Automation Co.,Ltd (Axxon) for a cash consideration of approximately SEK 430…
LUKOIL COMMISSIONS PHASE I POWER SUPPLY AT USINSKOYE FIELD, KOMI
PJSC LUKOIL commissioned Phase I of the auxiliary power supply plant in the Republic of Komi. The 100 MW power plant is designed to satisfy the growing need in power…