After a significant hiatus, multibillion-dollar oil and gas deals are back on the table.   Wood Mackenzie Ltd. said that as crude’s recovery fueled hopes of a steadier market, more than $11 billion of transactions were announced globally in July. Noting a triple rise, the amount since May...

Officials from Iran & Ecuador informs that there will be more discussions on strengthening the price of oil. Alexandra Valencia reports to Reuters that on Wednesday, 24th of August 2016, Ecuador and Iran engaged themselves in a discussion to come to terms with ways whereby both the countries...

In what would be the first attempt to coordinate and globalize web-based innovation transforming the financial industry, financial technology groups from more than 20 cities across the world plan to form a federation of 'fintech' hubs this year.   Due to its promise - or threat - to...

The U.S. economy needs more public spending to shift into higher gear – is the message that the Federal Reserve chief and her colleagues have for politicians even as markets wait for Janet Yellen's latest message about the direction of monetary policy.   Government infrastructure spending...

The U.S. economic performance matches Fischer’s optimistic views. The Central Bank’s growth as well as inflation targets were almost touched by the U.S. economy, report a “top official”, whereby some observers concluded that the said official was probably expecting a further rise in interest rates...

With growth showing little sign of being curtailed by fallout from the U.K.’s Brexit vote, the euro-area economy maintained its momentum in August.   For a second month in July, a composite Purchasing Managers Index for the 19-nation region rose to 53.3 from 53.2. That reading marks the best...

Federation of the Swiss watch industry has recorded the thirteenth consecutive monthly decline in exports. In July, exports totaled 1.6 billion Swiss francs, which is 14.2% lower than a year earlier. On Tuesday, Federation of the Swiss watch industry published its latest monthly report, from which...

Germany increased its exports to Iran in the first half of 2016 by 15% compared to the same period last year. Total figure amounted to € 1.13 billion, according to data of the Federal Statistical Control of the country (Destatis). Once international sanctions against Iran were lifted, Germany...

Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia gained from his experiences of being the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago.   Hence as China rejuvenates its Silk Road routes to the...