As the oil price war unfolds it becomes easier to understand the outcome. There is ongoing speculation about the motives of the main players. Is it a battle between OPEC and US shale? Or a battle by the USA and Saudi Arabia against Russia and Iran? I lean
The world’s six largest publicly traded oil producers have more than a half-trillion dollars in stock and cash to snap up rival explorers.
Shoppers have spent more than $9bn (?6bn) in the first 12 hours of China’s Singles’ Day sales, topping last year’s total for the world’s biggest online shopping day.
A sharp slowdown in global trade on the back of China’s troubles poses a threat to economic growth and calls for richer countries to step up investment while keeping monetary policy loose, a leading thinktank has warned.
Big banks better start looking under the couch cushions. They need to come up with $1.2 trillion to fortify themselves from the next financial meltdown.
Sometime around April 2016, a third set of locks on the Panama Canal will begin handling ships as much as 2.6 times the size of the biggest ones now able to ply the waterway. U.S. ports from New York to Galveston, Texas, have been gearing up for the traff
For some companies, 2016 is shaping up to be a momentous year. We asked the analysts at Bloomberg Intelligence
Third-quarter earnings are on track for the first earnings recession for S&P 500 companies since the Great Recession six years ago.
China is one of the biggest aviation markets but relies on Boeing and Airbus aircraft. The multibillion-dollar effort to create the homegrown C919 jetliner is aimed at clawing back some of the commercial benefits that flow to foreign suppliers.
Share on Facebook Share on Twitter China’s factory gauges signaled that manufacturing still hasn’t bottomed out amid faltering global demand and deepening deflationary pressures.
If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leader Saudi Arabia as well as Oman and Bahrain.
China is finally facing up to its demographic time-bomb, announcing Thursday that it will scrap the one-child policy first instituted in the late 1970s and allow all couples to have two kids.
A record breaking amount of cash is flocking to the United States. Foreign direct investment into the U.S. hit $200 billion in the first half of 2015, a record high according to a report published Thursday by the Organization for Economic Cooperation and
Apple reported a jump in sales in the three months to September. The tech giants revenue was $51.5bn, up 22% compared with the same period last year.
Chinese e-commerce giant Alibaba has reported a sharp rise in sales as more customers spent money through the online retailer.
