BUSINESS
Business news from around the globe
-
Developments in CPEC Project and evolving issues and threats
By Shahzadi Tooba Hussain Syed The ‘game changer’ and the ‘fate changer’ also entitled with a ‘controversial project’. The CPEC project…
Read More » -
U.S. stocks plunge on global selloff, oil slide
U.S. stocks slumped for a second straight day on Thursday, as global markets rout and falling oil prices continued to…
Read More » -
Confirmed: Brazil faces its worst economic plunge in 25 years
Analysts expect Brazil’s economy to contract by 2.95% this year after contracting by 3.71% in 2015, marking the biggest drop…
Read More » -
Michelle Bachelet: Cooperation of MERCOSUR – Pacific Alliance is priority
By Peter Tase On December 21st, 2015, the Republic of Paraguay hosted the 49th Summit of the Southern Common Market…
Read More » -
Argentina’s foreign exchange market slowly adapting to new rules with no major surprises
The US dollar in Argentina’s foreign exchange market plunged on Friday 35 cents to 13.60 Pesos on the second day…
Read More » -
Bank of China faces daily fine in the US unless it complies with court order
The Bank of China will face a daily fine in the US unless it complies with a court request to…
Read More » -
Brazilian economy contracts a record 4.5% in the last twelve months
Brazil’s economy, in recession since mid-year, contracted 1.7% in the third quarter, compared to the April-June period, and decreased 4.5%…
Read More » -
Egypt: The catalyst for a new Eastern Mediterranean gas hub?
By Simone Tagliapietra and Georg Zachmann The recent discovery of the large Zohr gas field in offshore Egypt – the…
Read More » -
Role of greenfield airports in greening the India economy
By Dr. Narendra Nath Dalei and Prof D. P. Singh 1. Introduction Green field airports play a significant role in accelerating the…
Read More » -
Brazil considering plan to bolster Petrobras capital with ‘hybrid securities’
Brazil’s government is considering a debt plan to bolster the capital of heavily indebted state-controlled oil Petrobras, Agencia Estado news…
Read More »