Monthly Archives: March 2016

South Korea industrial production rebounds; Steel crisis puts UK ministers in ‘disarray’; Neighbours outshine Singapore in IPOs

1 South Korea industrial production rebounds (BBC) South Korea’s industrial activity rebounded in February, supported by the chemicals and chip making businesses. Official numbers showed industrial production increased by 3.3% from a month earlier, marking the the biggest monthly increase … Continue reading

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Tata Steel plans to sell UK plants; Impeachment looms for Brazil president; Gender markings to go in New York college

1 Tata Steel plans to sell UK plants (BBC) India’s Tata Steel plans to sell its loss-making UK business, putting the jobs of thousands of workers at risk. Its European holding company has been told to “explore all options for … Continue reading

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The worldwide IPO drought; Has the Brics bubble burst? FBI and the cracking of an iPhone

1 The worldwide IPO drought (Goh Eng Yeow in Straits Times) It has been a long, dry spell in the initial public offering market and the drought looks unlikely to end any time soon. So far this year, only four … Continue reading

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US economy growth revised upwards; In a first, drone delivers to residential area; How emerging tech is helping women

1 US economy growth revised upwards (BBC) The US economy grew at an annualised rate of 1.4% in the fourth quarter of 2015, according to official figures. The US Commerce Department revised its fourth quarter GDP to upward from an … Continue reading

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Mitsui warns of first ever loss; First US shale supply arrives in Europe; Grabbing wife’s phone is robbery

1 Mitsui warns of first ever loss (BBC) Shares in Japanese trading house Mitsui & Co fell as much as 8% after warning of its first annual loss since 1947. Mitsui said China’s economic slowdown and the slump in global … Continue reading

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UK inflation stays at 0.3%; Manufacturing to get boost from 3D printing; J&J working on disease prediction project

1 UK inflation stays at 0.3% (BBC) UK inflation as measured by the Consumer Prices Index was unchanged at 0.3% in February, according to the Office for National Statistics (ONS). Annual inflation has been below the Bank of England’s 2% … Continue reading

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$10bn quarterly loss for Petrobras; Millions of UK seniors forced to delay retirement; Sydney home prices record biggest fall in 7 years

1 $10bn quarterly loss for Petrobras (BBC) Brazil’s Petrobras, which is at the centre of a massive corruption scandal, has posted its biggest ever quarterly loss due to the plunge in oil prices. The state oil firm’s net loss widened … Continue reading

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