Author : EW News Desk Team

The shrinking ice caps in the Arctic may have opened a new shipping route worth up to $700 billion between China, Europe and the U.S. by 2020, said a...

Eurozone leaders on Saturday agreed to hand Cyprus a bailout worth 10 billion euros but on the condition that local savers forfeit up to 10 percent of their deposits...

The fallout from Saturday’s deal to bailout Cyprus is expected to extend to global markets this week, renewing fears over the euro and regional stability. In the United States,...

Saudi Arabia’s Prince Al-Waleed bin Talal has threatened legal action against Forbes Magazine for its annual rich list, reported The Telegraph, following insinuations that the Prince’s true wealth was...

China, over the last decade, saw a 162 percent increase in its weapons exports, said a report by a Swedish think-tank on Monday, marking the first time the nation...

The developing world’s rapid growth has sharply cut extreme poverty and by 2030, up to 80 percent of the world’s middle class will be from developing countries, said a...

The European Union summit opened on Thursday where leaders will try to find a difficult balance between fiscal tightening and growth, as thousands of anti-austerity protesters took to the...

The U.S. Internal Revenue Service is urging nearly 1 million Americans to file their federal tax returns for 2009 by April 15 or risk losing out on $917 million...

The Chinese government will allow its currency, the renminbi, to float on international markets sometime within the next five years, said Charles Li, the chief executive of Hong Kong...

They may be small in number, but immigrants are leading the way in business startups and attaining degrees in highly lucrative fields, such as science and mathematics, driving the...