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Business : Page 1345

World Bank lowers projection for 2014
World bank projectionJune 12, 2014 ET
The World Bank lowered its projection for this year's global economic outlook, as developing countries are heading for "disappointing growth," while high-income countries are gaining momentum.
Utah best in business friendliness, again
UtahJune 11, 2014 ET
For the second year in a row, Utah has emerged as the top state for business friendliness in the third annual Thumbtack.com Small Business Friendliness Survey.
Britain tops FDI destination ranking in Europe
BritainJune 11, 2014 ET
Britain was the most attractive destination in Europe for foreign direct investment in 2013 due to its "quality of life, diversity, culture and language," a survey published Monday said.
Turkey's GDP grows 4.3% in Q1
TurkeyJune 11, 2014 ET
Turkey's economy grew faster than expected in first quarter of 2014 at a rate of 4.3 percent year-on- year, official figures showed.
German business insolvencies decline in Q1
German businessJune 11, 2014 ET
Fewer German business filed for bankruptcy in the first quarter of 2014, as Europe's largest economy recorded a robust recovery, data from the German Federal Statistical Office (Destatis) showed.
France's central bank confirms 0.2% growth in Q2
Banque de FranceJune 11, 2014 ET
France's central bank, Banque de France (BdF) confirmed 0.2-percent growth forecast for the second three months of the year on expected rebound in industry and services activities.
Working volume in Germany highest in 22 years
Germany workerJune 11, 2014 ET
Working volume in the first quarter of 2014 hit record high in Germany, with labor force working in total 15 billion hours, reported the Institute for Labour Market and Employment Research (IAB).
Brazilian exports reached $5.322 billion
BrazilJune 10, 2014 ET
Brazilian exports amounted to $5.322 billion last week, according to the Ministry of Development, Industry and Foreign Trade (MDIC).
U.S. hiring plans strongest since 2008
U.S. hiring plansJune 10, 2014 ET
The latest Manpower Employment Outlook Survey by ManpowerGroup, reflects continued hiring confidence among U.S. employers for Quarter 3 2014, as U.S. employers report a seasonally adjusted Net Employment Outlook of +14%.
Expansion of private sector in Scotland
ScotlandJune 10, 2014 ET
May's Bank of Scotland PMI report indicated further solid expansion of private sector output and new business north of the border, although the data pointed to a loss of growth momentum since April.
Potential for PE investments in India to reach $40bn
India moneyJune 10, 2014 ET
Private equity (PE) investors are confident of a revival in the investment cycle and expect the PE industry to contribute to the growth of the Indian economy on a larger scale than earlier.
China driving development of Internet of Things
China Internet of ThingsJune 10, 2014 ET
China is in the forefront of the development of Internet of Things, leading the way with the number of machine-to-machine connections and opening a new market for operators, a study showed.

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