The World Bank has raised its outlook for global economic growth on the promise of an accelerating recovery in advanced economies. It believes the US will replace emerging markets as the engine driving global growth this year.
The eurozone economy is set to get back on track as well. The prospects for 2014 are better than last year, when even Germany, the eurozone’s leading economy, was less dynamic.
Meanwhile France is proposing major reforms. President Hollande has unveiled a plan to return his country’s economy to growth.
Apple to pay $32.5 mln for out-of-parent-control purchases
All that in this edition of Business Weekly