The declining global oil prices have not only shattered the market but have also resulted in the loss of than 5,000 jobs since last year in the North Sea oil and gas sector.     This data was revealed by the Oil and Gas Authority (OGA) says.   The UK oil industry is facing a huge...

Rental vacancy, the space available for rent, dropped below the lowest point in 30 years which has resulted in net rentals income getting nearly double than what they were about a decade ago in the US.     As noted by economists, even recession did not have an impact on the rise of...

On Thursday, Paris stuck up in traffic jams - farmers of Brittany and Normandy arrived in the capital on their tractors. They require a change in state policy - not only agriculture, but also international. Farmers from Brittany and Normandy began to march on the capital on Tuesday. During the...

173,000 jobs were added to the American economy in August, which, according to analysts is a weaker than expected result and which could delay the long-awaited increase in interest rates by the Federal Reserve when policy makers meet in two weeks time.   However analysts are also of the view...

The unemployment rate is 25%, the national debt of 170% of GDP, industrial production fell by 26% and the extremely unstable political situation have been extremely traumatic for Greece and the Greeks. But Macao is not worried about the prospects being in a similar economic situation. Recently, the...

The customers will be witnessing the new look of Verizon after fifteen years. The Street Insider reports about the announcement made by the Verizon Communications on Wednesday, wherein it informed that the company is about to introduce a “new look” which is to compliment their “renewed purpose at...

Citing the presence of too many risks to global growth, the International Monetary Fund warned the world's biggest economies against raising interest rates too soon. The Fund suggested "growth supportive policies" to be pursued by advanced economies.   The warning was delivered by the world...

For the first time since the financial crisis there was a shrinking in the Canadian economy in the second quarter and put the country in recession. The shrinkage has been attributed to the huge plunge in oil prices taking a toll as business investment fell and inventory accumulation slowed....

Russian President Vladimir Putin submitted to the State Duma a bill that requires the rejection of the dollar in the CIS, which means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries. According to a posting on the...