Blackstone Group's capitalization grew by almost 4-fold since the IPO in 2007. Yet, the largest private investing firm from Wall Street has shown even more impressive growth in its real estate division, with assets increased from $ 17.7 billion to $ 100 billion for 8 years. Blackstone’s Head...

US retail sales in October this year increased by 0.1% compared with the previous month, according to the Ministry of Commerce. Experts surveyed by Bloomberg expected a more significant growth rate - 0.3%. In September, retail sales also rose by 0.1%; the rate for that month was revised. Retail...

The credit rating for Ukraine was further reduced on Thursday by credit rating agency Fitch Ratings to D from Triple C.   This credit rating essentially translates into the statement that it was now eminent that Kyiv would default on some of its foreign debt.   Templeton Asset...

Statements, made by Mario Draghi of the European Central Bank, have collapsed European currency. The euro has fallen to 1,069 to the dollar immediately after Draghi’s speech at the European Parliament. He said that the ECB is ready to use all possible tools, if no changes in inflationary trend to...

Apple Inc. decided to expand its office staff in Ireland for a thousand people, reports Reuters referring to the Irish Agency for Investment IDA. The number of employees at the office in Cork will be increased by the middle of 2017. Now the Irish subsidiary employs five thousand people. IDA noted...

Citing the adoption of bit coin technology for the capital markets as being a a matter of when, not if, a report claimed that the technology could come into practical use as early as next year.   The report claims that the adoption would revolutionize the industry by enabling more secure...

Research study shows that R&D has increasingly investing on biotech industry. BDO USA, LLP publishes its “fifth annual study” which reveals that the projects under “research and development” continues to receive growing funds as the fields of biotech has grabbed the “spotlight” from investors. The...

France and Italy recorded growth of industrial production in September - by 0.1% and 0.2%, respectively, according to the national statistical offices. Volume of industrial production in France increased by 0.1% in September 2015 compared to August, when the index rose by 1.6%, according to the...

The third quarters of 2015 saw an increasing optimism in the economic outlook of the U.S business leaders. There has been lot of optimism among the U.S. business leaders regarding the “economic outlook” of the country, whereby the same increased by “20 percentage points” and touched bay at net...