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Capital outflows to push emerging markets into crisis, cautions IMF

International Monetary Fund (IMF) has warned that slower growth rates among emerging markets are causing cash outflows and could cause another bout of crisis. Narrowing differential in growth prospects between advanced and emerging economies may add to the crisis situation again.

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Commercial Vegetable Production At Monliz-Produtos Alimentares do Mondego e Liz SA Plant

Frozen Broccoli Cuts Recalled Due to Possible Listeria Contamination

Frozen broccoli cuts have been recalled from 11 states that have been distributed with 1,800 cases which could be contaminated with Listeria monocytogenes. The infection affects young and old and can cause slight to severe infections with symptoms like high fever, abdominal pains and diarrhea to name a few aside from miscarriage and stillbirth.

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The Logo of Enel Green Power is pictured

Italy's Enel Green Power Dominated the Bid for Mexico's Renewable Energy, Wins 3 Solar Projects

Mexico will be rich in renewable energy as private energy companies flock to the state to provide them with electricity generated from clean energy to be sold to Comisión Federal de Electricidad. Italy’s Enel Green Energy won 3 projects and will build solar plants while others will provide energy from wind farm.

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U.S. Stocks Fluctuate As Commodity Shares Surge, Tech Declines

Some US energy chiefs make more cash amid oil turmoil

Contrary to a notion that oil rout is impacting everyone in the industry, there are few bosses at energy companies making more money based on their performance. Few top managers are excelling in meeting targets and getting hefty paychecks.

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Views Of The Googleplex Campus As Google Inc. Brings Ultra-Fast Internet Access To San Francisco

Google to Provide Internet to Cuba, says US president

Even if Huawei already has a foothold in Cuba, Google will still provide internet access and WiFi. This is according to the U.S. president during his historic visit to Cuba. Competition will drive faster and more reliable internet service to the island nation.

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Cuba Faces Historic Changes As Relations With U.S. Broaden

U.S. Competes with China for Business and Influence in Cuba

China and U.S. has been competing for a place in the economy and politics of Cuba. China has been doing business with Cuba for several years and the U.S. is just making a start. The edge that Washington sees is the proximity as being Cuba's neighbor.

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World Bank Group & International Monetary Fund Annual Fall Meetings

Chile keeps key rate unchanged amid slowest growth in 6 years

Central bank of Chile has not changed its key interest rate for three months in a row even though it recorded the slowest economy growth rate in six years in January 2016. The inflation rate is alarmingly at 4.7 percent above the two percent target of Chile government.

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Facebook CEO Mark Zuckerberg At IIT Delhi

Facebook sees growth in Asia despite India's ban on Free Basics

Facebook Inc is bullish on Asian market potential. Recently, Facebook's Free Basics service has been banned by Telecom Regulatory Authority of India (Trai). Despite this jolt, Facebook is still optimistic about adding number of users as the region is recording much faster growth rate than other parts of the world.

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Fortescue Metals Group Ltd. Chief Executive Officer Nev Power Speaks At Mines And Money

Vale Ties Up With Fortescue Possibly To Develop Mixed Blend Iron Ore Plant In China

Brazilian iron ore miner Vale and Australian miner Fortescue, both have reduced their debt burdens significantly through disposing less prospective assets. Under such situations, news for tying up with each other seems to be unusual. But analysts observe the move as highly strategic to cope up with the market situation.

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Davos 2016 WEF

Hewlett Packard Enterprises beats forecast in Q1 earnings

Hewlett Packard Enterprises (HPE) has beaten analysts' forecasts for the first quarter earnings. HPE has posted earnings per share (EPS) of 41 cents a share for first quarter as against the 40 cents per share of average forecast made by analysts. Hewlett Packard Enterprises is expected close Tsinghua deal by end of May as soon as it gets Chinese regulatory approval.

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Mosquitoes Tested For Zika At The Oswaldo Cruz Foundation Research Facility

Google Grants UNICEF $1.5 Million and Manpower to Combat Zika Virus

Google grants UNICEF a total of $1.5 million in its battle with Zika virus which has been declared an epidemic by WHO last month. The virus has been linked with microcephaly and neurological illness called Guillain-Barre syndrome. UNICEF and the tech giant will collaborate to map and anticipate the spread of the virus.

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President Mauricio Macri Inaugurates Congressional Session

Argentina to issue $15-bln bonds, returns to credit markets

Argentina is planning to issue $15-bilion bonds making it the largest sum by any developing nation since 1996. Country's new President Mauricio Macri-led government will use funds mobilized through bonds for repaying debts and supporting government spending.

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CNBC Events - Delivering Alpha 2015

Hedge fund investor Paul Singer wins 13-year battle with Argentina

The legal battle running for 13 years between hedge fund investor Paul Singer and Argentina is over as both the parties have reached to an agreement. Singer's Elliott Management will get $4.65 billion cash from the Argentina government as part of the deal.

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SPAIN-ECONOMY-BANK-CAIXA

CaixaBank may acquire Isabel Dos Santos' stake in BPI

Spain-based Caixabank is planning to buy the stake of Isabel Dos Santos in Portugal's Banco BPI SA. The negotiations over the acquisition are still going on and may be completed soon.

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Pride rainbow flag:Woman operating Scotia bank automated

Scotiabank's profit soars on global banking

Canada-based Bank of Nova Scotia witnessed a strong profit surge as banking activity in domestic and international operations rose. Scotiabank has increased provision for bad loans in the oil and gas sector. The bank is expanding in Mexico, Chile, Columbia and Peru.

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