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World

Jan 04, 2016
Russia’s crude output set another post-Soviet record in December, according to Energy Ministry data, as the nation’s producers seek to withstand the slump in oil prices. The country’s crude and…
Dec 30, 2015
When Chinese investors recently decided to acquire a 13% stake in Manchester City's parent firm, it put the country's renewed interest in football firmly in the spotlight. The world's second…
Dec 29, 2015
“Star Wars: The Force Awakens” surged past $1 billion in worldwide sales in 12 days, becoming the first picture to reach that mark so quickly. The Walt Disney Co. film,…
Dec 24, 2015
German auto giant Daimler has made legal threats against an environmental group after it tested diesel cars. The results appeared to show that Mercedes and BMW models are also cheating…
Dec 17, 2015
A Brazilian court on Wednesday ordered telecommunications providers to block all access to the WhatsApp phone-messaging application for 48 hours throughout Brazil, Latin America's largest country, the Folha de S.Paulo…
Dec 13, 2015
Saudi Arabia's natural resources have made it wealthy and influential. But low oil prices, the war in Yemen and regional scuffles with Iran are whittling away its financial wiggle room.…
Dec 11, 2015
The annual gross compensation for top executives in the world’s largest companies averages 1.45 million Euros ($1.59 million), an increase of 3.8% over the previous year. This compensation comprises an…
Dec 03, 2015
Singapore held on to top spot in the World Bank’s annual rankings, which measure financial regulations and the ease of doing business across the globe. Singapore topped the list of…
Dec 01, 2015
To see China’s evolving foreign policy, look to Africa, where a desire to protect economic investment is leading to a revision of the country’s hands-off approach to the internal affairs…
Nov 26, 2015
General Electric Co. said this week it will invest $2 billion in Africa over the next four years. The American multinational corporation, which offers financial services and manufactures medical equipment…
Nov 24, 2015
US drugs giant Pfizer has agreed a deal to buy Botox-make Allergan for $160bn (£106bn), making this the biggest pharmaceuticals deal in history. The merger will create the world's biggest…
Nov 18, 2015
China's investment in Africa collapsed in the first half of this year, but may remain robust in the long run, according to the Chinese Ministry of Commerce (MOC). China's direct…
Nov 17, 2015
Embraer Executive Jets released today its 10-year market outlook for business aviation at the National Business Aviation Association Convention and Exhibition in Las Vegas, NV. The Company forecasts a global…
Nov 12, 2015
Scott Eisner, Vice President, US Chamber of Commerce, has decried the inadequate education on the African Growth and Opportunity Act (AGOA) that has accounted for businesses not taking full advantage…

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