Fitch Ratings downgrades China’s sovereign credit rating, warning about a credit build-up in the economy that could threaten the recovery.
See the article here: China local currency debt rating cut
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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
Category : Business
Chinese manufacturing activity increases at its fastest pace in 11 months during March, indicating that an economic recovery is continuing.
See the rest here: China factory pace at 11-month high
Category : Business, World News
The world’s major economies will see stronger growth this year, but Europe’s recovery will continue to be slow, the OECD says.
Excerpt from: ‘Stronger growth’ for big economies
Category : World News
Signs of recovery in the US economy are underlined with news that home sales are running at a three-year high, while a confidence index also rose.
Go here to read the rest: US economic indicators improving
Category : Business
The bull market is older than most, but the slow recovery may, ironically, let the fun last a while longer.
View original post here: 5 reasons this bull market can still run
Category : Business, World News
Nike’s quarterly profits beat analysts’ forecasts as a recovery in US sales and lower material costs help offset continued weakness in China.
Read more from the original source: Nike shares jump on strong earnings
Category : Business, World News
The US Federal Reserve says the economy has strengthened “moderately” but still needs stimulus measures to underpin recovery.
See original here: Fed cautious on US economic recovery
Category : World News
Manufacturing activity in China picks up speed in March, an initial HSBC survey indicates, adding to hopes of a sustained recovery in its economy.
Follow this link: China manufacturing picks up speed
Category : World News
VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 18, 2013) - Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX First North:LUC) is very pleased to announce the recovery of a 239.2 carat diamond from its Karowe Mine in Botswana. In addition to the recovery of this exceptional gem, two more large stones weighing 124.0 carats and 71.1 carats have also been recovered.
Continue reading here: Lucara Recovers 239 Carat Diamond
Category : Business
Japan’s economy stopped contracting in the final quarter of 2012, revised figures show, raising hopes of a recovery.
See the rest here: Japan growth figures revised upwards