Author : EW News Desk Team

On the technology-heavy Nasdaq index, shares of internet giant Google Inc gained 6 percent in early trading on Wednesday after posting improved quarterly profits. Since going public in 2004...

British Prime Minister David Cameron announced on Wednesday that he will offer British citizens a vote on whether to stay in the European Union – provided he wins a...

Brazilian President Dilma Rousseff on Wednesday announced power rate cuts of between 18-32 percent in order to slow down inflation, reported Reuters, giving a much-needed boost to consumers and...

Sudan will block any attempt made by South Sudan to export oil to Israel via Sudanese territory, said a member of the ruling National Congress Party’s (NCP) on Wednesday,...

In a move aimed at pressuring the Senate, which has not debated a budget since 2009, members of the Republican-controlled House are threatening to bring to vote a debt...

Sixteen Chinese firms that won a second round of auction for exploration rights for shale gas have pledged to invest a total of 12.8 billion yuan ($2.06 billion) over...

France’s former president Nicolas Sarkozy had plans to create a $1.6 billion hedge fund in London in order to escape his successor’s proposed 75 percent tax on the wealthy,...

Russia’s defence industry exported a record $15.16 billion worth of weapons and military equipment to foreign countries in 2012, claimed officials this week, beating a previous forecast set in...

Even as warning signs of a looming global financial crisis appeared, Federal Reserve officials were confident that the U.S. economy would be able to withstand the subprime mortgage crisis,...

The world will need to spend almost $700 billion annually on clean energy and energy efficiency projects if it is to avert worsening environmental damage caused by a reliance...