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Lima to expand metro, investment worth $6.5 billion
Lima metroFriday August 16, 2013 3:14AM ET
Peru's ministries of Transport and Communications (MTC) and of Economy and Finance (MEF) have approved the definitive feasibility studies of Section 2 of Lima Metro, which will require an investment of $6.5 billion.
Germany to overtake U.S. as world's No 2 exporter
Germany portThursday August 15, 2013 1:32PM ET
Germany could overtake the United States to become the world's second-biggest exporter this year, but its share of global trade is likely to decrease, German chambers of commerce said.
Moody's: 228 US public universities $135.9 billion in debt
UniversityThursday August 15, 2013 11:00AM ET
Financial data for public and private colleges and universities for fiscal year 2012 show flat enrollment, relatively stable operating performance despite declining revenues, and continued constrained capital spending, according to Moody's Investors Service.
Global wheat production to reach record 705.4m tonnes
Global wheatThursday August 15, 2013 9:29AM ET
In the Agricultural Supply and Demand Estimates report, the U.S. Department of Agriculture has tipped a record wheat crop of 705.4 million tonnes, boosted by extra production in Kazakhstan, the Ukraine and the European Union.
SEPA could be nightmare for 30 percent of companies
SEPAThursday August 15, 2013 7:29AM ET
According to a new PwC report, 30 percent of companies is still at risk of not being ready for the upcoming SEPA deadline. Companies tend to underestimate the effort required to comply.
Europeans want more mobile bandwidth, lower prices
Europe mobileThursday August 15, 2013 5:49AM ET
Europeans are increasingly eager for new technologies as shown by the latest survey. While Europeans are open to the opportunities offered by new services, they still think twice before picking up the phone or going online because of the cost of these services.
All-gas project produces first algae crops for bioenergy
All gasThursday August 15, 2013 3:09AM ET
The EU-funded All-gas project, the world's largest project to convert algae into clean energy using wastewater, has grown its first crop of algae biomass at its site in Chiclana, Spain.
North Carolina's export jumped to $14.8 billion
North Carolina exportWednesday August 14, 2013 11:00AM ET
North Carolina's export continues to grow. Merchandise exports jumped by 6% compared to this time last year up to $14.8 billion, according to the U.S. International Trade Administration.
Bank Of Scotland PMI: Strong output growth maintained into July
Scotland businessWednesday August 14, 2013 9:59AM ET
A further strong expansion in Scottish private sector business activity was indicated by latest PMI data from Bank of Scotland, with output levels driven up by a fresh survey-record rise in new business intakes.
China to be oil importer No1
China carWednesday August 14, 2013 7:59AM ET
China will become the world's largest oil importer by October and will hold the No.1 spot through 2014, according the US Energy Information Administration (EIA).
New orders helping Irish construction sector
Irish constructionWednesday August 14, 2013 5:49AM ET
The decline in Irish construction activity slowed markedly in July as new orders returned to growth. Weaker reductions were also recorded with regards to purchasing activity and employment.
UK consumer spending continues to grow
UK shoppingWednesday August 14, 2013 3:01AM ET
Consumer spending in the UK continued to grow strongly in July according to Barclaycard's monthly analysis of UK spending. Total spending for the month was up 4.8% on the same month last year.