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ECB model suggests euro zone growth could slow further: sources

WASHINGTON (Reuters) – An internal European Central Bank model indicates the euro zone’s economic growth could slow further in the second quarter, suggesting the projected recovery may be delayed even further, two sources familiar with the discussion said on F... More »

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Oracle co-CEO Catz expects acceleration in cloud business

TEL AVIV (Reuters) – Oracle Corp co-CEO Safra Catz said on Monday she expects an acceleration in the company’s cloud business after the software maker last month reported sales from its cloud business that fell short of Wall Street expectations. Catz told repo... More »

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Canada`s top marijuana producer to double production

Canada's biggest licensed producer of medical marijuana has bought land next to its greenhouse production site that will allow it to more than double the total volume of cannabis it can grow, its chief executive said on Thursday. More »

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U.S. shale plots production growth despite OPEC`s warning

FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgen... More »

China will maintain stable economic growth in future: stats buro

BEIJING China’s economy will maintain stable growth in the future, a spokesman for the National Bureau of Statistics said on Monday, after growth eased to the slowest since the global financial crisis. China’s exports face increased downward pressure and the g... More »