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Optimism up among UK manufacturers: CBI

A recent survey by UK-based business lobbying organisation CBI shows optimism among the country's manufacturers to be at a four-decade high.

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GM announces $449m investment

US auto manufacturer, General Motors, has announced that it will spend $449m on next-generation electric vehicles and advanced battery technology production.

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China losing its competitive manufacturing edge: BCG

The rising cost of manufacturing in China has dented the country's competitive advantage as a manufacturing location, according to the Global Manufacturing Cost-Competitiveness Index by the Boston Consulting Group.

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German companies bullish in the Baltic, says survey

A recent survey by the German-Baltic Chamber of Commerce shows that German investors are optimistic about the investment opportunities in Estonia, Latvia and Lithuania.

Hani Qadri Demian
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Economic reforms will be made: Egypt's finance minister

Speaking at the US Chamber of Commerce in April, Egypt's minister of finance, Hani Qadri Demian, admitted to weaknesses in the Egyptian economy but said that reforms would be made following the country's elections in May.

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Portland joins up to Global Cities Initiative

The Global Cities Initiative has selected another member area, Portland, Oregon, for its economic project.

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Big resource revolution ahead, claims book

A new book, co-authored by a consulting professor at Stanford University‚Äôs Precourt Institute for Energy and the director of consultancy McKinsey & Company, has dismissed concerns about resource scarcity, and said that innovation will enable continued productivity.

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New York's corporate tax regime improved: Tax Foundation

New York's corporate tax climate has been enhanced by changes announced in the state's new budget, according to think tank the Tax Foundation.

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UK acquisitions down in 2013

There was a dramatic decrease in the number of acquisition deals closed by UK companies in 2013, compared with 2012, according to the Office for National Statistics.

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A hiatus for Indian multi-brand retail

There has been no investment in Indian multi-brand retail since September 2012, with investors likely to be holding off on deals until the results of the April election.

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