Business and Finance Archive

U.S. Growth Increases

A report released by Brown Gibbons Lang & Co revealed last week that the U.S manufacturing sector has experienced it’s highest growth in over four years.  The report summarised that for 17 consecutive months, the October Purchasing Managers Index has grown, as well as the overall US...

UK tops digital advertising spend

Digital and online media will beat print, cinema, buses, billboards, TV and radio combined in 2015 with more than 50% of £15.7 billion of advertising budgets being spent on it.  It has been predicted that the UK will become the first country in the world to spend...

Indias Industrial Production grows by 2.5%

In September 2104 India’s industrial production grew by 2.5% after dips to 0.4% and 0.5% in both August and July.

China fines Japanese car parts firms for price fixing

China has fined 12 Japanese car part firms for a record amount of 1.2bn Yuan ($202m; £121m) for price-fixing. The country’s anti-monoloply regulator, National Development and Reform Commision (NDRC), has said the companies were working together to reduce competition.

How do currency variations affect you?

Sterling has appreciated over the last 12 months by an average of 12% against the other dozen most actively-traded currencies. It has gained about 13% against the dollar and about 10% against the euro. Against emerging market currencies, the rise has been even more dramatic, with the...

“Man-in-the-email” Scam

In 2013 at least 3 companies in Washington State were led to believe they were sending money to an established business partner in China. However fraudsters intercepted the emails and conned purchasers out of their money, which between them totalled roughly $1.65 million. This form of scam is...

Poland & Latvia – fastest growing economies in the EU

By 2015 Latvia will be the EU’s fastest growing economy and is likely to be one of only eight member states whos output will expand over 2% in 2014. Since the adoption of the Euro in 2013, Latvia has seen a decrease in the cost of trade....

Osborne Engineering expansion due to Barclays funding

Osborne Engineering Ltd (OEL) was founded in 1984, specialising in the manufacture and repair of all types of white metal components. With facilities in UK, Poland, & UAE, OEL operates across five continents, working with Original Equipment Manufacturers (OEMs), Service Companies and End Users, in the Oil, Gas,...

Russian trade sanctions bad for business?

The EU’s discussion about expanding sanctions into Russia is disturbing parts of  the EU as it could affect trade… Germany Germany gets a third of its oil and gas from Russia and accounts for almost a third for all the EU’s exports to Russia. Russia buys Volkswagens, BMWs,...