Defending the US Federal Reserve Bank’s approach to the too-big-to-fail issue, the Vice Chair of the bank - Stanley Fischer said that the central bank's proposals would limit the fallout from a major failure and take taxpayers off the hook while delivering a lecture at a conference in Sweden...

Last year's growth of cross-border mergers and acquisitions has increased global flows of foreign direct investment to $ 1.76 trillion. The index peaked since the financial crisis of 2008-2009., according to United Nations’ study. Foreign direct investment in 2015 increased by 38% compared with...

The Group of Twenty (G20) have introduced a record number of trade restrictive measures, according to the latest monitoring of the World Trade Organization (WTO). During the last six months (from mid-October 2015 to mid-May 2016), the G20 states have adopted 145 new trade restrictions (an average...

Confounding OPEC and Saudi Arabia with their resiliency, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel after about two years into the worst oil price rout in a generation.   While it would have been unthinkable just months ago,...

Over the next 20 years, demand for gasoline in the US will decrease by 20% if electric cars account for 35% of the road transport market by 2035, reports consulting firm Wood Mackenzie in a study. Aggressive scenario of Prajit Ghosh, a research analyst of Wood Mackenzie, allows that demand for...

British vote probability betting results show a shifting trend in favour of Brexit. In the last week probability maintained a seventy eight percent of British vote in favour of Remain campaign, while this week the “implied probability” came down sixty two percent on Tuesday, 14th June 2016,...

INTL FCStone Inc. company, headquartered in New York, held talks about launch of tea derivatives with representatives of the tea industry in Kenya, said senior vice president of INTL FCStone for developing countries Stewart Ponder. Nairobi Stock Exchange has supported such a proposal. "The ability...

A new and latest study by the McKinsey Global Institute finds that since the financial crisis of 2008-09, investments in the infrastructure sector globally, including the U.S., despite a crying need for better infrastructure form business and citizens alike.   Amidst this environment of...

U.K voting in favour of Brexit will cause economic instability, which would appear in various ways, while an emergency budget of post Brexit has been proposed by Osborne. Chancellor George Osborne has categorically warned that if the Britain votes in favour of Brexit then an “emergency budget” will...