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Swiss Banks Set To Lose “Hundreds Of Billions” Once New Bank Laws Kick In: UBS Head
Wealthy clients across Europe could withdraw “hundreds of billions of francs” from their Swiss banking accounts over the next few years as a direct result of international pressure targeting...
Cyprus in Talks with Troika over Bailout Package
The troika inspectors, or officials from the European Commission, the International Monetary Fund and the European Central Bank, arrive in Cyprus today for discussions over a bailout deal. Cyprus...
Key Economic News to Watch this Week: September 17
Federal Reserve chairman Ben Bernanke launched QE3 last week, a move that would see monthly bond purchases worth $40 billion carried out alongside Operation Twist. At the same time,...
EU Women Quota Set To Be Blocked: Report
The European Union is unlikely to go ahead with a proposal that would have forced publicly-listed companies to ensure a minimum 40 percent presence of women in their corporate...
India To Spend $18 Billion On Preventing Another Massive Blackout
The Power Grid Corp. of India, the largest state-owned electric utilities company in the country, is set to spend more than 1 trillion rupees ($18 billion) to upgrade its...
Infographic: How A Degree Can Get You Through A Recession
Do university graduates have an advantage during an economic downturn? According to a recent study, individuals with only high school or equivalent education were more than three times as...
India Cuts Fuel Subsidies To Save Budget
Diesel prices in India rose for the first time in nearly 15 months on Thursday, after the government decided to cut its subsidies for fuel, in a politically risky...
Philippines Stirs Tensions By Renaming Disputed Part Of South China Sea
China’s Foreign Ministry has expressed outrage and disappointment at the Philippines’ decision to officially request the United Nations to rename part of the South China Sea as the West...
Brazilian Bankers To Go On ‘Indefinite Strike’ Following Labour Dispute: Report
Banking sector employees all across Brazil will go on strike next week to demand for higher pay, adjusted to the nation’s inflation rate, reported Reuters on Thursday, in the...
Infographic: How CEOs Are Made
Being a CEO of a large company is often seen as the ultimate career aspiration for many people in the job market today. But few actually get the opportunity...


