Industry

Delays and furloughs to be expected during a US shutdown

A waging battle on budget between Democrats and Republics was held last October 1 that was seen to threaten a government shutdown.


DMCC now largest free trade zone in the UAE

With plans to reach 10,000 companies by 2015, The Dubai Multi Commodities Centre had become the largest free zone in the United Arab Emirates.

Medical costs and rents increase despite US inflation tame

The US Federal Reserve might be more comfortable in implementing its stimulus reduction as increasing rents and healthcare costs had shown some stability in underlying inflation.

US poverty increase despite economic improvement

The poverty rate of Americans rose to 46.5 million from last year shown in the stock market, according to a US Census Bureau data.


Latest News

The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
A Reuters/Ipsos polled showed Americans still harbored grudges against Wall Street five years after the fall of Lehman Brothers.
Hedge funds that gambled on Lehman Brothers expected huge payouts as administrators finished recovering assets.
The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.
The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.
Germany's new leaders after its recent elections would reflect the future of not only the country but of the EU as well.
The latest German elections predicts a win for Chancellor Merkel with a slim margin. German Chancellor Angela Merkel, according to pollwatchers, would most likely win but had to fight to the last vote to keep her majority in the German parliamentary elections.
Warren Buffett, the billionaire head of Berkshire Hathaway, said that a possible standoff on the debt ceiling would be costly.
The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.