Charter Communications Inc’s acquisitions of Time Warner Cable Inc and Bright House Networks were approved in a announcement by the U.S. Federal Communications Commission which confirmed the acquisition on Friday. Approval from regulators in California is the last approval that… Read More ›
With 59 oil and gas companies now bankrupt after this week’s filings for creditor protection by Midstates Petroleum and Ultra Petroleum, the rout in crude prices is snowballing into one of the biggest avalanches in the history of corporate America…. Read More ›
In a video message posted on YouTube, Anonymous said, “This marks the start of a 30-day campaign against [Greece’s] central bank sites across the world.” Activist hacking group, Anonymous has begun attacking Greek’s central bank with an official from the… Read More ›
The U.S. Department of Energy expects global oil prices to balance themselves out in a year’s time. Ernest Moniz, the Energy Secretary of the United States has disclosed that he expects the global supply and demand of oil to rebalance… Read More ›
With their pricing details published by the International Exchange Group, which owns the NYSE, and the CME group, the choppy waters of bitcoins are likely to be dampened. In a move that could significantly boost the credibility of bitcoins, Intercontinental… Read More ›
A request that has met with substantial opposition, shareholder Qatar has asked Volkswagen for a seat on the company’s executive committee as they are frustrated with the pace of reform at Volkswagen, reported Reuters quoting two sources familiar with the… Read More ›
The official statistics state that the eurozone’s economy grew by a faster-than-expected 0.6% in the first three months of the year. The growth was above analysts’ expectations 0.4% and from the 0.3% rate recorded in the previous quarter the growth… Read More ›
After the leak, Panama has come increasingly under international scrutiny with countries wanting increased cooperation and transparency. In the wake of the leak of the Panama Papers, Germany’s Chancellor Angela Merkel has spoken at length with Juan Carlos, Panama’s President… Read More ›
Despite deflationary tendencies snapping at its heels, the Eurozone registered a strong economic growth principally by the economies of France and Spain, its growth was 3 times the growth registered by the U.S. economy. In this year’s first quarter, the… Read More ›
The economic cost of the Chinese splurge abroad is offset by the surplus generated by the country’s manufacturing and trading sector. China’s foreign exchange regulator has noted that the country’s trade deficit in the services sector has yawned to $21.0… Read More ›
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