According to the report, the office received a total of 274,000 patent applications last year, representing a year-on-year increase of 3.1%. Of which, Samsung submitted 2,541 patents, ranking first; while China's Huawei ranked fifth with 1,600 applications...
James Bullard, head of the Reserve Bank of St Louis, told the Financial Times that the Federal Reserve risked holding fire too long on rate hikes given the plunging unemployment rate and that even after the central bank starts tightening, monetary policy will remain easy by normal standards...
The Bank of England governor reiterated February comments saying that the drop in prices was temporary and mostly caused by the sharp fall in oil prices. The governor noticed he expected inflation to fall to around zero and stay there for much of the rest of the year...
China’s industrial output, investment and retail sales growth missed analysts’ estimates in January and February, showing the weakest result in six years and suggesting more stimulus is needed to spur the world’s second-largest economy...
France has been granted extra two years to bring its budget deficit below 3% of GDP, as mandated by EU regulations. The widely expected move is the third extension France has been granted since 2009...
The President of the European Central Bank Mario Draghi pressed Greek authorities to accept the return of the troika officials back to Athens in order to examine the government's books...
The European Central Bank (ECB) has never resorted to sovereign QE at the height of the global financial crisis - unlike its U.S., U.K. and Japanese peers...
In February China's monthly trade surplus touched a record $60.6bn, as exports grew and imports slid back. The growth in exports was well ahead of analyst expectations, says BBC...
On Sunday Eurogroup chairman Jeroen Dijsselbloem said that the list of measures the country's government sent to euro region finance ministers last Friday, including the idea of hiring non-professional tax collectors such as tourists, is “far” from complete and the country probably won’t receive...
Tesla Motors Inc. announced it is eliminating positions in China after a local newspaper reported the company will reduce staff by 30 percent...
In the decade through 2013, more than 76,000 Chinese millionaires emigrated or acquired citizenship of another country amid global expansion by the nation’s companies...
Barclays bank's analysts, who examined the company's 98-page regulatory filing, found obstacles in the celebrated electric-car maker’s path which show that things are far from perfection...
Chinese telecom operator China Mobile announced that by the end of January 2015, it had reached over 100 million 4G users. The company also announced that they plan to build one million 4G base stations, develop 250 million users, and sell 200 million devices in 2015...
The British Columbia Securities Commission (BCSC) has flashed its regulatory teeth again, warning against another unauthorized binary options broker that seeks to lure investors from the Canadian province...
The U.S. online retailer Amazon.com has opened a flagship store in local competitor Alibaba Group Holding’s online marketplace, in an attempt to expand in China. Amazon has thus become Alibaba’s customer, paying a commission to the latter for each transaction...
Brazil's central bank has raised interest rates to a six-year high of 12.75% to restrain inflation. The bank said in a statement: "In assessing the macroeconomic scenario and the outlook for inflation, the Copom [the bank's monetary policy committee] decided unanimously to raise the rate by 0...
Addressing the National People's Congress (NPC), Premier Li Keqiang said China would target growth of about 7% in 2015 and pledged tighter environmental controls...
The Reserve Bank of India has lowered its policy repo rate by 25 basis points to 7.5% after making a similar cut in mid-January...
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Barclays has announced a fall in profits as it set aside more funds to cover potential fines for misconduct. The drop comes, as boss Antony Jenkins is awarded his first bonus as chief executive...
