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Cybercrimes Cost Consumers $110 Billion In One Year: Study
Nearly 556 million people around the world have fallen victim to cybercrimes such as computers viruses or email scams over the last twelve months, claimed the latest Norton Cybercrime...
17 Million Americans Suffering From “Very Low Food Security”: Study
Nearly 17 million Americans, or 5.5 percent of the population, have to skip meals or not eat for a day due to a lack of money to buy food,...
Greece Told To Implement Six-Day Workweek By Troika: Report
Greece’s troika of lenders – namely the European Commission, European Central Bank and International Monetary Fund – have called on the Greek government to introduce a six-day workweek for...
McDonald’s To Launch Vegetarian Outlet In India
U.S. fast food giant McDonald’s will open its first ever vegetarian-only restaurant in India by the middle of next year, said a report by AFP on Wednesday, in an...
China Development Bank Steps Up Lending To Private Firms
The China Development Bank (CDB), one of the nation's three policy banks known primarily for making big loans to other state-owned entities, has begun lending large amounts of cash...
Facebook’s Market Value Now $50 Billion Below IPO Estimate
Facebook shares fell to a record low on Tuesday after several analysts, including those at Morgan Stanley, the lead underwriter of the company’s initial public offering, cut their price...
Saudi Arabia May Become Net Oil Importer By 2030: Citigroup
The kingdom of Saudi Arabia, the world’s largest exporter of crude oil, is at risk of becoming a net importer of oil within the next 20 years, said a...
EU’s Rating Outlook Cut To ‘Negative’
Moody’s Investors Service lowered the European Union’s credit rating outlook from ‘stable’ to ‘negative’ on Monday, citing risks in the region’s last remaining Aaa-rated economies – Germany, France, the...
Mexican ‘Egg Crisis’ To Cost $230 Million
The Mexican government will spend nearly $230 million to restore egg production in the country after 11 million chickens had to be slaughtered following an outbreak of bird flu,...
US To Forgive $1 Billion From Egyptian Debt
The United States government is nearing a deal to forgive $1 billion in debt for Egypt’s newly-established Islamist government, said the New York Times on Monday, with the agreement...


