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Oil keeps sliding on ove, Inequality hurts growth, warns OECD and other Economy news

The economy news of 2014-12-09 on Tamugaia - Oil keeps sliding on oversupply fears, and Inequality hurts growth, warns OECD.
Oil keeps sliding on oversupply fears - The price of oil hits another five-year low as fears of oversupply continue to mount.... [ View ]

Inequality hurts growth, warns OECD - Income inequality has a "statistically significant impact" on economic growth, says the Organisation for Economic Co-operation and Development.... [ View ]

Strikes disrupt transport in Belgium - Transport services in Belgium have been severely disrupted by strikes protesting against government austerity measures.... [ View ]

UPDATE 2-Merck says still plans to buy Cubist, despite patent setback - ... [ View ]

UTi Worldwide recovery hits new snag with CEO departure - ... [ View ]

UPDATE 2-Abercrombie CEO Jeffries steps down as company seeks new look - ... [ View ]

Consultation on Phase 4 monitoring of the OECD Anti-Bribery Convention - On the occasion of International Anti-Corruption Day, this Working Group on Bribery consultation with the private sector and civil society focused on the development of the Phase 4 evaluation process of th... [ View ]

International Anti-Corruption Day - As part of the International Anti-Corruption Day, the OECD has joined Member and Partner countries and other International Organisations in raising awareness about the costs and detrimental effects of corr... [ View ]

Spain has strong measures to combat money laundering and terrorist financing but improvements needed, says FATF - Spain has created a strong system to combat money laundering and terrorist financing, but improvements are needed in certain key areas, according to a new report by the Financial Action Task Force.... [ View ]

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