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Europe Left Behind in Shale Gas Boom
Europe risks losing out on a huge energy opportunity and petrochemical investments because of its reluctance to embrace the shale gas revolution, said the head of Sabic, the world’s...
Emerging Economies to Contribute More to UN Budget
A group of emerging economic powers including China have agreed to increase their contribution to the United Nation’s coffers as countries such as Britain, Germany and Japan reel from...
China Launches World’s Longest Bullet Train Service
China has officially opened the world’s longest high-speed rail network, spanning 2,298 kilometers from Beijing, the capital in the north, to Guangzhou, the southern commercial metropolis. The opening of...
Infographic: Evolution of the American Economy
As we approach the New Year, concerns are mounting that the current budget impasse in Washington could trigger another recession in the world’s largest economy. From the Great Depression...
Russia Aims To Double Trade With India In 3 Years
Russian President Vladimir Putin arrived in New Delhi on Monday, pledging to tighten defence ties with India, while promising to double the current level of bilateral trade from $10...
Greece Hopes To Lure More Chinese Tourists In 2013
Chinese tourists to Greece spend, on average, more than 200 euros per person than any other foreign visitor in the country, noted the President of the Association of Greek...
Toymakers Rattled As Children Swap Toys For Tablets This Christmas
Mattel, the world’s largest toymaker by revenues, may be renowned for producing Barbie dolls and Hot Wheels, but this year, their number-one selling product has actually been a simple...
Infographic: 10 Tricks Of The Super Rich To Avoid Paying Taxes
According to a 2012 report by advocacy group Tax Justice Network, the world’s super rich are believed to be hiding nearly $21 trillion in offshore tax havens, which could...
Infographic: A World in Debt
World governments have borrowed massive amounts of money to live beyond their means. Some countries have taken steps to curb spending and reduce deficits; others like Greece are battling...
Key Economic News to Watch This Week: Dec 17
The US economy is edging closer to the cliff as a budget deal between US Democrats and Republicans remains elusive. With less than two weeks before $600 billion of...


