India, one of the fastest growing economies in the world, is ready to oust Germany and become the fourth largest economy in the world by 2022, according to the IMF. By 2032, the country’s economy will grow to $ 10 trillion from the current $ 2.3 trillion. Against this background, the analytical...

Norway is trying to take new measures to prevent foreigners from increasing their share in offshore fields in the country. Apparently, this move is aimed at Russia, whose interest in Norwegian oil and gas projects has grown recently, Bloomberg reports. In recent proposed changes to the sectoral...

Cost of new private companies like Uber and Airbnb has reached $ 490 billion, having increased several times over the past four years. Experts explain this by the inflow of new funds into high-tech start-ups, many of which are not yet rushing to enter the exchange and remain private companies....

Since the cartel discovered it had a surprise rival emerging in a core market for its oil around five years ago, the history of the relationship between OPEC and the U.S. shale oil industry has evolved a great deal.   In a bid to understand whether the two industries can co-exist or are...

Softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter for the U.S. economy as it slowed less than initially thought in the first quarter.   The Commerce Department said in its second GDP estimate for the first...

Japan takes gender equality or inequality very seriously. Although this, of course, is not the main problem of the country now. Nevertheless, Japanese Prime Minister Shinzo Abe presented "womenomics" as his progressive policy on raising the status of women. When he launched his program for the...

Since factories and power plants throughout China burn half the world's coal, the government's goals for using natural gas to combat air pollution in the country look too ambitious, Bloomberg writes. Although gas remains a small and expensive component in China's fuel balance, demand for it is...

New investment plan to “create well-paying American jobs” besides laying out “stronger long-term economic growth”. The main “sovereign wealth fund” of Saudi Arabia along with the “private equity firm” of the United States, Blackstone, announced that the duo has plans of creating “$40 billion...

A deal on extending output cuts by nine months to clear a global stocks overhang and prop up the price of crude seemed closer as the OPEC and non-member oil producers moved closer on Wednesday to clinching such a deal.   A deal in December saw OPEC and 11 non-members agreeing to cut oil...