The pipeline from oil shale formations and oil sands is being opposed by hedge fund founder. Billionaire Tom Steyer threw his support behind a four part advertising campaign that intends to convince its viewers that the Keystone XL pipeline would hurt the economy and the communities around it.
Industry
AllState CEO seeking moves to maintain market share
Tom Wilson, AllState CEO, had sought ways to expand its bottom line with the acquisition of Esurance and expansion of network.
China’s August inflation shows stable economy
China's August inflation data showed that the country's economy is stabilizing after signs of improved export demand and targeted support measures.
Congress vote on Syria puts Obama's legacy on the line- NBC report
NBC reporter Michael O'Brien said the legacy of President Barack Obama would be on the line as he awaits Congressional approval on air strikes against Syria.
Spain's interest rates hurting small businesses
The higher interest rates imposed on small businesses hurt the Spanish recovery program. Despite the expansion of Spanish manufacturing and services sectors of the country, which is the first time in the past two years, the lack of available funds for lending clearly hindered the growth of the country.
Latest News
The General Administration of Customs registered above projected numbers in terms of overseas shipments.
Slovenia officials said on Friday that it had planned liquidation of two small lenders to ensure financial stability.
The Municipality of Abu Dhabi launched a new project and sought for investors in its planned installation and operation of street retail kiosks.
The smartwatch had been seen as the latest addition to the consumer electronics market however a source said the device would not change anything in the industry.
Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Greek Prime Minister announced on Saturday that the country would return to growth next year as its would exit recession.
European leaders had found a place to breathe their economic struggles in the G20 summit where the region's debt crisis had been on the top agenda.
Detroit attorneys filed their case in the US Bankruptcy Court in Detroit last Friday for the city's request for bankruptcy protection.
Reuters columnist James Saft wrote in his latest column that a reform change, and not a new central bank governor, could help the falling rupee and the Indian economy.
