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Novartis buys Regulus Therapeutics, deal expected to hit $1.7 bln 05/02/2025

China says no talks with US on trade Tariffs Negating US Claims 04/29/2025

Pending home sales index in the U.S. in March hits maximum since 2023 05/02/2025

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Economics

Japan Surfs On The Highest Tide Of Trade Stock Market

After a shaken period of time, Japan experienced its biggest gain this week after a spell of seven years, ripples of which had various effects on the various currencies. The 2008 global finance crisis had shaken the stock market of Japan like any other countries. However, the sign of better future...

Oil Over Supply Forces Goldman Sachs to Cut Oil Forecast

Goldman Sachs cut its forecast for Brent and WTI crude through 2016 on the expectation that the glut will persist on Opec production growth, resilient non-Opec supply and slowing demand expansion on Friday. While a price of $20 a barrel was not unlikely and could be adopted to clear the...

S&P Lowered the Rating of Brazil to Below Investment

The agency points to difficulties in carrying out reforms and corruption scandal with Petrobras. The rating agency Standard & Poors has lowered the sovereign rating of Brazil to below investment grade. The Agency believes that the current Brazilian government has difficulty in carrying out...

UK Oil Production to Rise for First Time in 15 Years, Even as 65,000 Jobs Were Lost

In an environment where the global crude oil prices have more than halved over the last one year, the oil and gas production from Britain’s waters is set to increase in 2015 for the first time in fifteen years, This was the crux of a report, titled 2015 Economic Report, published by...

Climate Friendly Cities Could Save the World $22tn: Global Commission Report

The world could save more than $22 trillion by 2050 if governments in various countries try and expand the public transport system, stress on the building and the use of build energy-saving edifices and consolidate better waste management systems in cities. This was the conclusion of...

The Collapse of Chinese Stock Exchanges Will Not Stop the Economy's Growth

There is simply no reasons to fall in the gloomy predictions about the prospects for China's economy, believes the chief economist of the Asian Development Bank Shang Jin Wei. There is simply no reasons to fall in the gloomy predictions about the prospects for China's economy, believes the chief...

Plunge in Oil Prices has Left 5000 Jobless in the North Sea Oil Fields in One Year

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 Income in US Likely to Slow Down after Few More Years

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...

Operation 'Snail' in Paris

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...

Rate Hike by US Fed May be Delayed Due to Slower Job Growth Data of August

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...