A nationwide vote set for Sunday could send Venezuela over the edge even as the country is already having a major meltdown, believes a top commodities strategist. As a state if President Nicolas Maduro moves forward with the vote to form… Read More ›
Economy & Finance
Researchers Say To Lure Targets Iranian Hackers Used Female ‘Honey Pot’
According to research published Thursday, luring men working in industries strategically important to Tehran’s regional adversaries, hackers believed to be working for the Iranian government have impersonated a young female photographer on social media for more than a year. Researchers… Read More ›
Set To Gain On A Property Boom Are These Asian Banks
Banks in one of the world’s financial capitals are seeing a bright spot emerge – a booming property market, after battling stresses from a floundering oil and gas sector over the past year. Recent data indicated that demand for loans… Read More ›
VW receives thumbs up for its Electrify America plan
Volkswagen AG will be spending $2 billion, across 10 years, to advance the development of electric vehicles in the country, as part of its settlement plans. The California Air Resources Board has unanimously voted to approve the 30 month plan… Read More ›
Company Boards Stand In The Way Even As Business Jet Sales Seem Poised To Take Off
As corporate executives caught in a waiting game for their shiny new planes, there are new challenges for the business jet market just when it looked like the market was ready for a take off. It’s been taking longer to… Read More ›
UK & EU secure RBS with a $1.1 billion deal
The deal brings a finality to the issue related to the spin-off of RBS’ banking division that has been dogging it since years. The European Commission has concurred with a British government plan that frees the Royal Bank of Scotland… Read More ›
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
Foxconn promises to build a $10 billion LDC display plant in Wisconsin
Foxconn has a dodgy record, if it were to stick to its rhetoric this time, its $10 billion investment would mark the biggest in Wisconsin’s history. Foxconn, also formally known as Hon Hai Precision Industry Co Ltd, has announced its… Read More ›
Who Are The Visitors To North Korea As The Country Is Attracting Thousands Of Vacationers Every Year
Who? – is the most obvious question is when a brutal, communist dictatorship is able to attract tourists. Common sense suggests that you’d be hard pressed to find a vacationer willing to take a trip in North Korea, given the… Read More ›
Awakening Finally From Long-Dormant Inflation Could Be Old Age, Says IMF
Long-sought inflation may be finally spurred by global policymakers if they just wait. Potentially spurring what many economists have said is the missing link: Wage growth, the post-World War II baby boom generation is getting ready to leave the workforce… Read More ›