There are not many countries able to achieve economic growth at almost 8 percent. Even China, which last year managed to increase its GDP "only" by 6.9 per cent, hopes at best to remain at this level in the coming years. However, the north-western edge of Europe is home for a state with a...

At first glance, the four largest banks in Greece are doing better than ever. In November, they received a third aid package for several years. The allocated € 14.4 billion ($ 15.9 billion) helped to increase the capital adequacy ratio to 18%, which is higher than the European average of 13%....

Employees of Apple Inc. may refuse to perform their duties and are even ready to resign, if they are forced to crack the iPhone, which belonged to a terrorist from San Bernardino. Apple employees are already discussing what they will to do, if they are obliged to assist law enforcement authorities....

According to a new study, in 2015 were closed more hedge funds than at any other time since the financial crisis. With regard to liquidation of hedge funds, last year was the worst since 2009. 979 funds have been closed in 2015; to compare, there were 864 of them in 2014, according to Hedge Fund...

ICO has come up with the largest ‘Social Bond’ in Spanish market which addresses the issues of unemployment, underperformance, and wealth distribution. Towards the end of January 2015, ICO “issued its debut EUR 1bn December 2017” which is a three years’ “Special Bond”. The said bond supports ICO’s...

Unfunded pension obligations of 20 OECD countries reached $ 78 trillion. For comparison, total debt of the same governments is almost 2 times less ($ 44 trillion). Ever since the financial crisis of 2007-2008, a huge public debt was one of the major causes of concern. Yet, nobody thought about...

Starwood sees a rise of “$76 per share in cash” in “pre-market trade”. Following the announcement of Starwood Hotels & Resorts Worldwide, wherein it revealed a receipt of “an unsolicited buyout bid” which came from an association of companies at “$76 per share in cash”, the Starwood group saw...

According to the commitments made by the EU, China should receive a “market economic status” by the end of the year. However, at present, the said issue has become a debatable subject. China urged the European Union to abide by the rules and regulations of the World Trade Organization and in turn...

Slow growth in global economy coupled with the low inflation rates made ECB bring down the margins on its interest rates. On the 10th of March 2016, the European Central Bank took a decisive step to attend to the “low inflation and the global economic slowdown” that has been prolonging so far....