Economics

Indonesia to Ban Dollar

In Indonesia, with the July 1, 2015 a ban on the use of the US dollar or any other foreign currencies in financial transactions on its territory officially came into…
Published on July 1, 2015
By Iris Barker

Europe Cancels Roaming Charges

Europe cancels roaming charges in the EU starting from June 15, 2017 in. Telephone companies, however, will be allowed to charge additional fees in certain cases.
Published on June 30, 2015
By Iris Barker

Small Business in Europe is Looking for New Forms of Financing

The Scottish tennis player Andy Murray was in this month's headlines, not only thanks to a brilliant game. Famous athlete announced the launch of the British crowdfunding platform Seedrs, where…
Published on June 30, 2015
By Iris Barker

U.S Market in turmoil as investors and analysts bet over the Fed changing interest rates

The market is in a state of turmoil in U.S.A with bonds plummeting and the Fed deciding on increasing rates. Investors and analysts are caught up in a betting game…
Published on June 30, 2015
By Debashish Mukherjee

Research Markets: Global Automotive Whiplash Protection Market 2015 Report and Forecasts

The interest for security frameworks stems fundamentally from created districts/nations, for example, Europe and the US. Nonetheless, developing markets, for example, India, China, and Brazil are gradually expanding their interest…
Published on June 30, 2015
By Debashish Mukherjee

Research and Markets: Global Construction Market Expected to Reach $240.97 Billion

Among the diverse sorts of development gear, loader and cranes would keep on remaining the most favored sort, because of their various applications in development, mining and open works. Loader…
Published on June 30, 2015
By Debashish Mukherjee

Global Proximity Sensor Market – Growth, Trends and Forecasts 2015

The Global Proximity Sensors business sector is required to increment to $4.42 billion by 2018 at a CAGR of 7.55% over the period 2014-2020. The worldwide business for closeness sensors…
Published on June 30, 2015
By Debashish Mukherjee

Enemy of Economic Growth

Previous Florida representative Jeb Bush stood out as truly newsworthy this week when he said he needed to focus on 4 percent yearly genuine development in the economy. This was…
Published on June 30, 2015
By Debashish Mukherjee

Chinese Bubble is Deflating

A panic selling is continuing on the Chinese stock market today. Futures on the CSI 300 Index fell 10% at the moment - day decline limit set by the exchange.
Published on June 29, 2015
By Iris Barker

Statistics of Eurozone’s Crisis

The economic crisis is still being felt in the euro area. The figures clearly show which countries with the single European currency suffered the most, and how they are struggling…
Published on June 24, 2015
By Iris Barker

Paris, Frankfurt to Become New Financial Centres

If Britain decides to withdraw from the European Union, Paris or Frankfurt may become new financial centers in Europe, says analysts of Standard & Poor's.
Published on June 23, 2015
By Iris Barker

Shutterstock to Expand the Business

Shutterstock plans to become a leading supplier of photos to entertainment and high fashion. The player plans to overtake Getty Images by a deal with the owner of Variety magazine.…
Published on June 22, 2015
By Iris Barker

Going to Greece? Stock Up Some Cash!

Experts recommend travelers visiting Greece stock up cash for at least 3-4 days for trouble-free existence, reports Bloomberg.
Published on June 22, 2015
By Iris Barker

The Chinese Took the First Place Among Foreign Purchases of US Property

Chinese buyers took the first place among the foreigners who buy housing in the United States. It is reported by The Wall Street Journal.
Published on June 19, 2015
By Iris Barker

Airbus Goes Ahead Boeing

European aircraft concern Airbus Group SE beats its main rival Boeing Co. by the number of orders at the air show in Le Bourget, after signing the contract for the…
Published on June 18, 2015
By Iris Barker

Shell Gets Stuck in Seattle

Environmentalists blocked the drilling platform Shell Polar Pioneer, which is going to leave the port of Seattle (USA) to the shores of Alaska to begin drilling offshore.
Published on June 15, 2015
By Iris Barker

US Markets Ups and Downs

The volume of industrial production in the US decreased by 0.2% in May 2015 compared with the previous month, the Federal Reserve System report said.
Published on June 15, 2015
By Iris Barker

Tsipras postive about a new compromise deal on debts

Greek PM hints at a new compromise deal to clear the debts, while getting the next tranche of loans from its troika of creditors
Published on June 15, 2015
By Eva Lockhardt

Chevron’s Major Big Foot Oil Project Faces another Series of Setbacks

Chevron Corp has been facing a series of major setbacks on its Big Foot oil project. Nine of the total sixteen connectors have sunk to the sea bed without any…
Published on June 13, 2015
By Debashish Mukherjee

Robin Hood is Getting Unpopular

In the world of inequality, an egalitarian robber always been an attractive character - from the English Robin Hood to the US Jesse James. Many countries like to make heroes…
Published on June 11, 2015
By Iris Barker

EP to Hold Russia Back

June 10, Wednesday, at the plenary session in Strasbourg, MEPs approved a resolution based on the report of the Lithuanian deputy Gabrielius Landsbergis. 494 deputies supported the draft resolution of…
Published on June 10, 2015
By Iris Barker

PVR to buy DT Cinemas for Rs 500 crore

Consolidation has become the norm in the booming movie screen business in India
Published on June 10, 2015
By Eva Lockhardt

Credit Suisse: What to Expect from World Economies?

At the end of 2014, the US was the only bright spot among the world's largest economies. China's economic growth had slowed, Europe was on the brink of deflation, and…
Published on June 9, 2015
By Iris Barker

Drop in Home Prices Cheered by Italian Brokers as a Sign of Market Recovery

Italian real estate brokers have welcomed the price drop occurring in the property market. With easing of lending and mortgaging rates, consumers have been encouraged towards purchasing real estate. Financial…
Published on June 9, 2015
By Debashish Mukherjee

Moody’s: the Way out of the EU Will Hit Britain

The experts of Moody's rating agency identified the main risks that could result in a downgrade of the UK credit rating in the future.
Published on June 8, 2015
By Iris Barker

IMF warns Fed Reserve to not go for rate increase

In a setback to investors and market enthusiasts, the IMF has downgraded the GDP estimate for US this year and advised the Federal Reserve to not increase the rates until…
Published on June 4, 2015
By Eva Lockhardt

Chinese Nonconformism

25 years ago, the Chinese authorities brutally suppressed the protests by broke up a demonstration in Tiananmen Square in Beijing. Today, non-conformism took new forms - in particular in art.
Published on June 4, 2015
By Iris Barker

Greece submits proposal to IMF

The debt-ridden country has to now take actions on the austerity measures and economic reforms outlioned by IMF.
Published on June 3, 2015
By Editorial Team

Russia’s oil production rise amps up OPEC woes

OPEC continues to be in chaos with Russia increasing its oil production to record Post-Soviet level.
Published on June 3, 2015
By Editorial Team

Reliance to sell stake in US JV for $1.07 billion

Indian energy giant Reliance Industries has sold its 49.9 percent stake in a US joint venture to Enterprise Products Partners for $1.07 billion. The JV called Eagle Ford (EFS) Midstream,
Published on June 2, 2015
By Eva Lockhardt

EAEU Signs the Free-Trade Agreement with Vietnam

The countries of the Euroasian economic union and the Socialist Republic of Vietnam signed the agreement on free trade.
Published on May 29, 2015
By Iris Barker

Five Bubbles of QE programme

At the beginning of this year, the European central bank started the program of repayment of assets of 60 billion euros a month. However, with the first signs of turbulence…
Published on May 26, 2015
By Iris Barker

The Bank of Vatican’s Profit Rose More than 20 Times

The bank connects positive results with reduction of operating expenses, successful trade operations with securities, and increase of transparency, thanks to the carried-out reforms.
Published on May 25, 2015
By Iris Barker

RBC retracts new set of fees after heavy backlash

The so-called 'pay-to-pay fees' was set to be charged for some RBC customers from June 1 but heavy backlash forced the company to rethink the policy change.
Published on May 22, 2015
By Eva Lockhardt

Economy Weaknesses Are Becoming More and More Prominent

We had two better than average GDP quarters in mid-2014, and that is about it. The 4th quarter returned back to a 2.2 percent development rate. The principal evaluation of…
Published on May 22, 2015
By Debashish Mukherjee

Planting Condition and Weather, Major Factors for Food Supply

It is uncommon that the United States sees record consecutive production of grains (wheat, corn, or soybeans), the quick start to plantings. With 55% of the country's corn acreage planted…
Published on May 22, 2015
By Debashish Mukherjee

Google’s ‘Buy Button’ a Big Worry for Retailers

The constant movement to everything mobile, obviously, is the reason. Customers are utilizing their cell phones to look for items and purchase them on the web. The screen size offers…
Published on May 22, 2015
By Debashish Mukherjee

The Senate, the vote and free trade

The Senate neglected to break a delay on an exchange help bill today and against exchange gatherings. In the event that they think the Senate vote rang the demise chime…
Published on May 22, 2015
By Debashish Mukherjee

LA votes to increase minimum wage to $15-an-hour

The second-largest city in the US votes in favor of wage reforms, possibly creating ripple effect in the country
Published on May 20, 2015
By Eva Lockhardt

China Overtook France in Vineyards

China overtook France in the vineyards area, taking in the world ranking second only to Spain. In terms of wine production China, however, remains on the 8th place in the…
Published on May 19, 2015
By Iris Barker

Finter Bank to Pay $5.41 Million in U.S. Tax Agreement

Finter Bank Zurich agreed to pay a fine of 5.4 million dollars for concealing accounts of Americans who evaded taxes.
Published on May 15, 2015
By Iris Barker

Greece set to privatize its largest port

To pay back creditors the Greek government has to eat its words
Published on May 15, 2015
By Editorial Team

US unemployment rates fell to a record low

America is looking at a positive employment scene.
Published on May 15, 2015
By Editorial Team

Why Americans Wind Up its Chinese Businesses

US corporations are actually reducing the investment in China's economy. The main reasons of the decline in investment activity were Chinese government’s barriers to entry to market, as well as…
Published on May 14, 2015
By Iris Barker

Alcohol and World’s Economy

Alcohol is one of the leading causes of ill health and premature death all around the world. It accounts for 1 in 17 deaths and much of accidents leading to…
Published on May 13, 2015
By Iris Barker

Facebook’s New Search Engine and its Information Bubble

Social network Facebook is testing the application's built-in search, through which it will be possible to insert a link to update the status without the use of search services such…
Published on May 11, 2015
By Iris Barker

Russia Goes to Arctic Expedition Once Again.

Russian Prime Minister Dmitry Medvedev signed a decree on the allocation of more than 205 million rubles to ensure the work of the drifting station "North Pole", according to the…
Published on May 11, 2015
By Iris Barker

Austria’s Banking System

Austria's savings bank framework is experiencing traumatic rebuilding. This has been constrained upon it by the legacy of the money related to emergency and by the dynamic evacuation of sovereign…
Published on May 11, 2015
By Debashish Mukherjee

Things To Watch Out For In Fed Meet

Try not to expect any get flags out of this meeting about the timing of the Federal Reserve's first rate increment. The national bank has made clear it won't begin…
Published on May 11, 2015
By Debashish Mukherjee

Uber joins the fray to buy HERE Maps

Competition for Nokia HERE intensifies
Published on May 8, 2015
By Editorial Team