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SEC Sues “Big Four” Over China Audits
The Securities and Exchange Commission on Monday charged the Chinese affiliates of the so-called “Big Four” accounting firms for allegedly failing to cooperate and provide audit data related to...
Blizzard Traps Thousands Of Freezing Russian Motorists In 3-Day Traffic Jam
Thousands of vehicles – including some 4,000 trucks – were caught in a three-day traffic jam along the M10 highway from Moscow to St. Petersburg over the weekend, reported...
Saudi Arabia To Spend Over $133 Billion On Energy Projects In 10 Years
Saudi Arabia “needs” to invest over 500 billion riyals ($133 billion) into new energy projects over the next ten years if the nation is to meet its growing power...
Infographic: The World’s 25 Richest Billionaires
Who is the richest person on earth? You’ll be surprised to know that it isn’t Warren Buffett or Bill Gates. In fact, the richest person on this planet is...
Key Economic News to Watch This Week: December 3
December is historically a strong month for markets. The S&P 500 has risen 16 times in the past 20 years during the month. However, negotiations to avert the fiscal...
Germany Softens Stance On Possible Greek Debt Write-Off
German Chancellor Angela Merkel, for the first time on Sunday, hinted that her government may ultimately accept a write-off of Greek debt in the future; but stated that Athens...
Israel Cuts Off $118 Million In Tax Funds To Palestine After UN Vote
Palestine’s successful bid to be recognised as a “non-member observer state” in the United Nations last Thursday has come at a cost; after the Israeli government announced on Sunday...
Eurozone Recovery Expected in Mid-2013: Draghi
European Central Bank President Mario Draghi said on Friday that the eurozone economy has not yet emerged from the crisis but expressed confidence that a recovery will “certainly begin...
Infographic: The World’s Greenest Cities
As politicians continue to debate on how to tackle environmental issues at the ongoing United Nations Framework Convention on Climate Change in Doha, some cities around the world have...
Iran Evading Sanctions By Trading Oil For Gold With Turkey: Report
Turkey’s deputy prime minister Ali Babacan has admitted to giving Iran billions of dollars worth of gold in exchange for energy supplies, reported CNN on Thursday, though the Turkish...


