Shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing economy, U.S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico. Providing business worth more than $15 billion… Read More ›
Cao Dewang’s recent decision to move part of his operations to the United States has some asking whether the days of China as a manufacturing haven are over even as he became a billionaire by making glass for the world’s top carmakers. The U.S…. Read More ›
Russia is now using its other strong suit, energy, to expand its influence across the region after reinventing itself as a major power in the Middle East by force in Syria. Looking beyond Syria where they have backed opposing sides… Read More ›
ECB President Mario Draghi said in an interview published on Wednesday that the spread of populist movements is threatening European integration and efforts to find joint responses to immigration, security and other shared concerns. EU citizens’ main worries were “now immigration,… Read More ›
The distinction of being one of the fastest growing economies in the world has been awarded to one of the most unstable countries in the world. And that economy is of Iraq, which, according to World Bank data, is expected… Read More ›
The developer of selfie apps, China’s Meitu Inc., is discussing a share sale that would value the company at about $5 billion and is said to be in talks with investors ahead of its planned initial public offering in Hong… Read More ›
To house inmates serving federal sentences, it would stop contracting with private prisons, the U.S. Department of Justice issued a statement making the announcement in August. The stocks of Corrections Corporation of America, the world’s largest private prison company were… Read More ›
In a compromise which leaves Volkswagen’s profitability still lagging rivals, the carmaker and its labor unions agreed to cut 30,000 jobs at the core VW brand. The company in turn committed to avoid forced redundancies in Germany until 2025. The… Read More ›
A renewed interest in bitcoin among India’s consumers has been sparked by Indian Prime Minister Narendra Modi’s decision to withdraw 500 and 1000 rupee notes from circulation. According to The Hindustan Times, sales volumes for bitcoin increased on several exchanges… Read More ›
A report from Norton by Symantec has warned that many of the people in Europe ere complacent about cybercrime even as the report stated that more than 54 million Europeans were affected by cybercrime in the past year. The cybersecurity… Read More ›
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