Pentagon got the highest fund ever in the history. Its fund is intended to purchase F-35 . It will be utilized for the ongoing combat operations. The cost related with these enduring requirements is in the range of $30 billion annually.
Michael Sturino, president and CEO of Illinois Road and Transportation Builders Association had proposed an amendment that asked for a huge budget. This earned criticism as some critics opposed on the huge amount involved since there are more areas of concern to be given priority.
Among the countries who are known to have a good performance in the world market, the Kingdom of Saudi Arabia may top the list. However, it faces some issues on its investments and world trade recently.
Russia's economy starts eventually to improve even if Russia's global political standing. In October, in its latest World Economic Outlook,nternational Monetary Fund predicted that Russia's economy could return to growth in 2017
The European Commision has been alarmed with rising problems on fraud and fragmentation. Realizing the need to relax VAT rules, they made an action upon it.
Nevada Senate approves the stadiium funding deal with 16-5 vote. Next step will be the Nevada General Assembly.
Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.
Oasis Center, the leading chain in vitro-fertilization has announced it partnership with India's Life Sciences Fund.It has invested $6.2 millon in the company. The proceeds of the funding is allocated to extend its chain of IVF centers.
The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.
It is proven that clean air improves our health and lengthens our average lifespan but a new study has found that places with low-carbon air can help improve economic growth and increase jobs and skill levels.
A group of religious sectors had filed a shared resolution against Wells Fargo.
The Ventureast Proactive Fund II sucessfully made it for it had its first closing. It is now planning to extend their services to different sectors. The existing investors as well as new investors are excited to support and invest for its new start-ups.
Motley Analyst, Gaby Lapera talked with Jordan Wathen about index funds. Wathen shared the reason why index fund were popular. He shared that it is so benefial for investors.
There are to three mutual funds that Invesco offered to investors. Invesco explained each of the features and highlighted its uniquely quality compared to other mutual funds.
Hedge Fund Platinum Partners requested to pull their money from the firm. Bernard Fuchs pulled some of his money for charitable donations. Though he insisted some of the investors to stay put, investors were alarmed and would like to do the same since the firm was under federal investigations.