Two issues playing on the minds of investors in the global oil market – US sanctions on Iran and the possibility of US sanctions on Saudi Arabia, potential brought the

Citing the weighing down of growth and debt prospects of Italy by the country’s government’s policy plans, the outlook of the country’s economy was changed to negative from stable by

The already existing fears among investors fears about trade war and economic growth was compounded by concerns over corporate profits to drive global stocks lower on Friday and set them

As the first major UK bank to officially announce a Brexit provision, RBS announced that it is setting aside a sum of £100m to counter any eventuality in the face

The flagging power business of General Electric got a boost after the company etched a preliminary agreement to rebuild the dilapidated electric power grid of Iraq. But the stage for

According to a report by the Italian news agency AGI, citing EU sources, Italy has been asked to submit a new budget by the European Commission after the administrative arm

China, the second largest economy of the world reported a slowdown in its growth for the three months ended September with a growth rate of 6.5 per cent compared to

A new measure coined by the World Bank called the “human capital index” which measures youth mortality, schooling and health was dominated by Asian countries. It is possible that lifetime

The decision of the national governments in the European Union (EU) to agree to impose stricter targets of carbon dioxide (CO2) reduction in the region has been criticised by the

A recent study conducted by the Institute for Employment Research (IAB), which is the research institute of Germany’s Federal Employment Agency, claimed that the historically low rates of unemployment in

The opposition of the European Union against the plans of the Italian government to borrow more money for an already heavily indebted economy in its next budget was supported by

While it is evident that the American economy has surged ahead – partly because of the massive tax cuts and the “America First” agenda by its President Donald Trump, but

The employment scenario in the United States was hardly much better than it is now. With a fall in the rate of unemployment and reaching 3.7% in September, it touched

Switzerland has automatically started to share data of bank account holders in its country with the governments and tax authorities of many countries which officially brings an end to the

Personal data of about 50 million users of Facebook have been hacked according to the largest social media platform of the world. Facebook said that the account of even its

Italy is on a possible collision course with the European Union because it has agreed to a budget proposal to set the budget deficit target for 2019 at 2.4% of

Based on its presumption that the United States economy would have a good run for the next three years at least, the U.S. Federal Reserve again raised interest rates and

Following a request by the Argentine government, the International Monetary Fund (IMF) announced that it would increase the emergency bailout amount for the country from $50 billion to $57.1 billion.

The European Union is developing a new mechanism for payment that would allow companies and countries to trade with Iran and still avoid the US sanctions on Tehran, announced the

A new report related to a possible no-deal Brexit in the UK claims that there would be risk of one in 10 British firms going bankrupt because of a delays

A new 71 page paper released by China accused the United States under president Donald Trump of “trade bullyism practices” that have turned out to be “the greatest source of