January 2014 -

The race for video game innovation

Jan 21, 2014 Jeremy Parkinson News 0

Derided for years by older generations as an industry purely aimed at children, the video games industry has grown to such a level that it is now among the most dominant – and most profitable – of all the entertainment industries. Worth around $80bn, the global video game industry has exploded in popularity over the […]

The call of corporate consolidation

Jan 20, 2014 Jeremy Parkinson News 0

It’s highly unlikely that the average American consumer had heard of a company calledShuanghui International until the middle of this year – but they certainly will over the next few years. The Hong Kong-based but mainly China mainland-owned company is a producer of meat products that only got going 30 years ago. As for its […]

Trapped on a sinking island

Jan 20, 2014 Jeremy Parkinson News 0

Like politicians everywhere, Puerto Rico’s legislators never like to be reminded of failure – not least (in their case) the island’s dubious distinction of sliding into recession in 2006 when much of the West was still in the throes of an economic boom. After eventually becoming a self-governing US territory (a new constitution was approved […]

China’s economic growth slows

Jan 20, 2014 Jeremy Parkinson News 0

Even though it has propelled the global economy for much of the last decade, recent figures have shown China’s economy is slowing down to its lowest rate in 14 years. Official figures released today reveal that GDP growth for 2013 was 7.7 percent, down 0.01 percent on the previous year’s number. Despite this slump, growth was higher […]

China: IMF must empower emerging markets

Jan 17, 2014 Jeremy Parkinson News 0

China has entreated member nations of the IMF to give more power to emerging markets. The request was brought about after US lawmakers blocked the IMF’s move to reorganise power structures in favour of emerging markets. The change would give countries such as China, Brazil and India more weight in relation to the emergency lender’s […]

American Consumers in 2013 Most Upbeat Since Before Recession

Jan 02, 2014 Jeremy Parkinson Finance 0

American consumers in 2013 were more upbeat than at any time in the previous six years as views on the economy, finances and the buying climate improved. The Bloomberg Consumer Comfort Index (COMFCOMF) averaged minus 31.4 for 2013, the highest since 2007, when it was minus 10.5. The weekly index fell for the first time since mid-November, […]