Russia is a country of strong economy. Its resources and landmass differentiates it from the other nations. Opportunity has no dearth in Russian soil. Base of richest oil reserve, which satiates almost one fourth European gasoline demand, proves its...
One after another, China is facing stiff criticism from the US Food and Drug Administration (FDA) as farmed seafood has now joined tires, toothpaste and toy trains on the list of tainted products from China that could be harmful to a person's...
The U.S. Federal Reserve once again left its key interest rate unchanged amid economists' warning to keep vigil on inflation.
Fed officials in a unanimous move left their target for short-term interest rates at 5.25 percent, the highest in 61/2...
The world has not gotten quite over what happened at the World Bank recently, and to make things even more interesting, it seems that IMF is also on the verge of witnessing a change at its helm.
Rodrigo de Rato the managing director of the IMF has...
EADS, the parent company of airbus plane maker, might soon overhaul its management as France has forced Germany to take direct stake in EADS to guarantee its interests in the company.
EADS is regulated from both France and Germany. Company's...
American market is a center of attraction for the all investors from century. Its policy and norms makes it different from the other advanced economy. All booming business including IT flourishes there and expands in the all over the world. Investor...
U.S., once called the superpower, has started sharing its seat with other countries. According to a new study by Goldman Sach, countries like Brazil, Russia, India and China, have overtaken U.S and are the new dominating global energy industry...
U.S. officials have ordered Foreign Tire Sales Inc., to recall its 450,000 radial tires for pickup trucks, sport utility vehicles and vans as it doesn't meet with the security measures.
Hangzhou Zhongce's made tires are bursting and caused to...
French President Nicholas Sarkozy's vow to reopen discussions about the Airbus restructuring plan has triggered concerns that UK might face further job cuts than those set out earlier this year under Airbus' Power8 restructuring plan.
UK MP,...
Finally, Robert Zoellick is all set to take on the chair of World Bank President after getting full-fledged backing from the bank's governing body.
Zoellick, former deputy US secretary of state and trade representative, was choose unanimously for...
According to Lundberg Survey, the national average price of gasoline has dropped from $3, however, just a fraction of cent. The current price is $2.9961 per gallon. The prices decreased for the first time since April. The survey was conducted by a...
War shattered Iraq has revived the contract with China to develop an Iraqi oil field, which was signed by late Saddam Hussein.
To develop the al-Ahdab oil field, Iraq has signed a contract with China National Petroleum Corporation in 1997. The...
After a decline in the real estate market dissolves the U.S. economic activity is expected to pick its pace back till the starting of 2008. But IMF is also concerned about the fact that in spite of factors like increasing unemployment and soaring...
After receiving a cold shoulder from the global trade meeting, U.S. is looking at China for making road to end the half decade long impasse of Doha round.
The four members of the World Trade Organization, US, EU, India and Brazil met in Germany...
Nominated by President George Bush, Robert Zoellick has successfully secured the support of the World Bank’s board of directors. The nomination was filed for the post of President of the World Bank. As per the custom, the President is elected by...
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