Deeper recession, faster CPI, higher rate squeezing Brazil

The Brazil's central bank will be under pressure to raise interest rate in 2016 amid gripped into the deepening recession. The borrowing cost is expected to rise by 0.25 percent next year. Brazil is suffering from rising inflation and easing productivity.


BNP Report: Alibaba Can Expand Operations with $38B in 2016

If you haven't heard of it, Alibaba is a Chinese e-commerce company that started as a e-marketplace and now has grown to offer other services like electronic payment and cloud computing. They've become one of the biggest companies in China and now, they have even more money to expand with possibly $38 billion available for deals next year.

Renault-Nissan’s CEO: Electric vehicle is an affordable solution to reduce global emissions

The 13 automotive CEOs across the world including the Renault-Nissan Alliance has released the statement on the weekend over the commitment to reduce global emissions by providing cleaner transportation.

Airbus owners reach out future operators for Singapore Airlines’ planes

The owners of five Airbus A380s leased to Singapore Airlines Ltd, Dr. Peters Group and Doric, have begun seeking for potential future operators for the A380s as the Singapore Airlines is still evaluating whether to extend the leases.


Latest News

Taylor Swift is completely in a gift giving mood this Christmas with the latest launch of her 1989 World Tour Documentary on the Apple Music. On the occasion of Swift's 26th birthday, she announced that the release is scheduled on December 20, 2015, on her Twitter platform.
First introduced by former Prime Minister Tony Abbott, the ban on government investment on wind power was lifted as part of Malcolm Turnbull's innovation agenda. The Clean Energy Finance Corporation is now able, due to Environmental Minister Greg Hunt's new orders, to spend the $10 billion on new wind power projects.
The 73rd Golden Globe Award nominations have been announced this year and there's a distinct source where a majority of the nominees are from. It looks like Americans are starting to get their entertainment from on-demand viewing channels instead of traditional broadcast or pay-TV.
After struggling a bitter civil war for four years, Syria's government imposes tax on shawarma, restaurants, and other businesses in everyday life as new revenue source.
The Colombian Central Bank is heading towards a hike in interest rate. The Colombian government is keen on checking inflation rise and control the current account deficit.
US Presidential Candidate Ted Cruz harvests data called "psychographic profiles" from tens of millions of US citizens in Facebook. According to The Guardian Ted Cruz's campaign collected these data without the permission of the Facebook users.
The US Congress is pushing a tax break for oil refiners as a compromise to finally allow unrestricted crude-oil exports. According to The Wall Street Journal, the bill could potentially end the long-time ban on U.S. oil exports, which has been around for forty years.
After ruling the global aviation sector for over 40 years, the wide-body jumbo jets faces a threat of possible extinction. The Boeing 747 wide-body, long-range jumbo jet faces stiff competition from Airbus A-380. Boeing sees a drop in orders for jumbo jets while Airbus has not received an order for the double-decker A-380 after the major order it won from Emirates Airlines.
Swedish telecom expert, Ericsson, has claimed that artificial intelligence will soon become the mode of interaction and communication overpowering smartphone in the next 5 years.
Two months before, Yahoo declared a new Yahoo Mail app which supports Hotmail, AOL and Outlook accounts. Now, Gmail has joined too. Yahoo Mail is also best email service provider like Gmail or Hotmail. But recently Yahoo has added new features.