Tag «Recession»

How the recession actually helped some European businesses…

Family run business Motonautica Vert, based in Palma de Mallorca are best known for providing world-class mechanical support and maintenance on luxury yacht tenders. However this was not where the business started. Arturo Vert created the company in 1968, making them the oldest marine business in superyacht hub Palma de Mallorca. Arturo Vert’s love for …

Thomson Reuters Study Finds Global Innovation Activity Highest Since Recession

Automobiles, Petroleum and Domestic Appliances show greatest year-over-year growth 05/14/2014 ALEXANDRIA, VA, USA – The Intellectual Property & Science business of Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, released its 2014 State of Innovation report today. This annual publication analyzes global patent data as a proxy for innovation across …

Recession left Greek households with cold feet

Research has found that the Greek household budget for domestic heating is shrinking as a result of income reduction on the homeowner, and a dramatic tax increase on energy. The researchers found from the sales figures of the markets for oil, gas, biomass, wood and electricity ‘a dramatic increase of energy poverty and, as a …

Asia Pacific consumers are most worried about the economy: GfK

High level of concerns towards inflation in Singapore, Vietnam and Thailand; Aussies are most careful spenders 13 August, 2013, SINGAPORE – Economy-related matters appear to be on top of the list of concerns for today’s Asia Pacific consumers. According to the latest global survey by GfK, two in every five surveyed are worried about recession …

Is Germany Poised for a Recession?

Germany, long the economic engine of the Europe, has seen its economy weaken sharply in recent months, with its gross domestic product shrinking by 0.5 percent in the final quarter of 2012. Weaker global growth and uncertainty created by the Eurozone credit crisis have prompted companies in Germany to invest less and postpone or cancel …