In the latest sign of Venezuela’s growing isolation and economic, social and political turmoil, the German airline Lufthansa cancelled its flights between Germany and the South American socialist country over the weekend. According to the International Monetary Fund, with hyperinflation averaging… Read More ›
The most players in the oil industry is struggling to stay afloat due to the low prices and oversupply of oil, one segment of the industry seems to be gaining from all this turmoil. In recent years with oversupply of… Read More ›
The U.S. government has reported a larger-than-expected drop in crude inventories. For the first time in seven months Brent crude rose to levels above $50 a barrel. Asian shares however did not ride this wave as they are still struggling… Read More ›
Does Bayer’s acquisition strategy of Monsanto factor in the ECB bond buying program? It would be brilliant if it has in fact factored that in. According to the terms of the European Central Bank’s bond buying program, Bayer would be… Read More ›
Strong Private consumption and government spending have boosted Germany GDP growth rate. As per available economic data, Germany’s GDP rose by 0.7% in the first quarter of this year thanks to higher construction investment and stronger private consumption. Analysts have… Read More ›
Sixteen major banks have been accused of conspiring to manipulate the Libor benchmark interest rate by a US appeals court on Monday which reinstated a civil lawsuit against the banks. the judges warned that the institutions could be bankrupted by the… Read More ›
Debates and discussions are on in Switzerland about giving its people $2,500 a month for doing nothing. A vote that would decide whether the government should replace the various welfare benefits with the introduction of an unconditional basic income is… Read More ›
To ensure that the continent of Europe can benefit from new data-driven technologies, a call for the removal of barriers to the free flow of data both within and outside the 28-nation bloc was given by nearly half of the… Read More ›
With its oil exports taking hard hits due to sanctions, it is now determined to boost its oil production to pre-sanction levels. As per Rokneddin Javadi, Iran’s Deputy Oil Minister, the country has no plans to freeze its oil production… Read More ›
Artificial Intelligence of AI is the new mantra for IT companies in 2016. While one of Google’s AI programs won the complex game of ‘Go’ against the world’s best player, pulling out moves a human mind could not comprehend, other… Read More ›
manageria.biz 