Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
Stocks in Asia rose in Wednesday afternoon trade following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
Signs of companies moving out of Hong Kong have emerged, members of the business community told CNBC following massive protests in the city. But one analyst said Hong Kong's...China Politicsread more
Sen. Josh Hawley, a well-known tech critic, is introducing legislation that would remove the immunity big technology companies receive for user-posted content under Section...Technologyread more
In its new "Future Skills" report, LinkedIn has identified what it calls the 10 "rising skills" of the future and the jobs associated with them.Get Aheadread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Has your CEO won over enough workers in Germany to make the cut? Glassdoor reveals.Power Playersread more
One of Britain's top business lobbying organizations has upped its economic forecasts for the U.K., arguing that growth will be boosted by a hike in business investment and exports.
The CBI (Confederation of British Industry), which represents around 240,000 businesses, said on Tuesday that it expected the economy to expand by 2.6 percent in 2014 – up from its earlier forecast of 2.4 percent. Next year, economic growth is seen at 2.5 percent, slightly lower than the 2.6 percent previous expected.
The economic expansion will be driven by a hike in business investment, which is expected to make a positive contribution to growth this year, according to the CBI. Business investment growth is seen rising 6.6 percent this year and 8.3 percent in 2015, having fallen by 3.7 percent in 2013.
(Read more: UKeconomy records fastest growth in 6 years)
The CBI added that both U.K. imports and exports look set to rise this year and next, as the euro zone and wider global economy picks up. U.K. export growth is expected to rise to 3.6 percent this year and 4.7 percent in 2015 – from just 1 percent last year.
CBI Director-General John Cridland said the U.K. economy was starting to show signs of the "right kind of growth."
"In our view this is not a debt-fueled, housing bubble-led recovery - our forecast shows encouraging signs that business investment and net trade are starting to play their part," he said in a statement.
(Read more: UK manufacturers upbeat for 2014)
"More businesses are feeling inclined to invest in new technology and advertising. We can also expect to see more companies coming to market to raise finance and an uptick in merger and acquisitions activity as animal spirits return."
The CBI's forecasts followed a slew of upbeat economic data in recent months, boosting hopes of an entrenched economic recovery in the country.
The British economy recorded its fastest annual growth rate since 2007 last year, with full-year growth at 1.9 percent, up from just 0.3 percent in 2012. Growth in the fourth quarter, however, did slow to 0.7 percent, down from 0.8 percent in the previous three months.
Meanwhile, in December, inflation met the 2 percent target set by the Bank of England for the first time since November 2009. In addition, unemployment fell to 7.1 percent in the three months to November, the lowest level since 2009.
The CBI expects unemployment to have fallen below the Bank of England's 7 percent threshold by the end of 2013. The U.K. central bank has said it will not raise interest rates from their current record low until unemployment has fallen below 7 percent.
The unemployment rate will continue falling to 6.8 percent in 2014 and to 6.6 percent by the end of 2015, according to the CBI.
"However, with inflationary pressures likely to remain muted, and considerable spare capacity in the economy, the CBI sees no prospect of an interest rate rise until the third quarter of 2015 when it is forecasting the first 0.25 percentage point increase," it said in a statement.
Follow us on Twitter: