Europe

Scotland's Billionaire Brothers Criticize SNP/Greens, Warn Against Taxpayer Dependency

Scotland's billionaire brothers, Sandy and James Easdale, have criticized the SNP/Greens coalition.


UK: Billionaire Businessman Mohamed Mansour Awarded Knighthood for Donating $6.3 Million to Tories

A prominent businessman and former Egyptian government minister has been unexpectedly bestowed with a knighthood...

US, South Korea Form New Task Force to Block North Korea Oil Shipments

The US and South Korea have set up a new task force to prevent North Korea from obtaining illegal oil...

Russia Is Directly Supplying North Korea With Oil Amid Warming Ties, Defying UN Sanctions: Report

In another sign of warming ties between the two countries, Russia has reportedly begun supplying oil directly to North Korea in defiance of sanctions imposed by the United Nations (UN)...


Latest News

AmEx to slash cost by $1bn by 2017
Feeling the heat of competition in the global payments industry, American Express (AmEx) is in the process of reducing costs by $1billion by end of 2017. AmEx posted losses for the fourth quarter cons
Royal Dutch Shell to slash 10,000 jobs to trim costs
Royal Dutch Shell is slashing the headcount as part of the cost cutting exercise. Anglo-Dutch company has decided to cut down 10,000 jobs in the wake of continuous drop in oil prices. The global energ
Amazon Offers Full Refunds For Hoverboards, Continues Selling
Amazon, among retailers, has started offering full refunds for hoverboards in US and Canada ahead of growing concerns for reported fire incidences. CPSC is investigating two wheeler balance boards man
Norwegian's Megakopter Drone Set World Record of Lifting Heavy Cargo
A group of students in University of Oslo set a Guinness World Record by lifting a 134.5 pounds (61 kg) payloads with drone. The drone is a multi copter drone made of eight drones chained together.
Capital drains from emerging markets
Capital outflows from developing markets were higher than it was anticipated last year, according to a report by Institute of International Finance. The reason behind this oceanic change in emerging m
New visa requirements for European with dual nationalities to be introduced soon
The new regulation is being established initiated by the San Bernardino shooting in California that killed 14 people and left 22 wounded. It has drawn many concern and dismay among European citizens,
UK unemployment rate at 10-year low; earnings slow down
The jobless rate in the UK was recorded at 5.1 percent for the quarter ending November 2015. This showed the lowest jobless rate since October 2005. However, wage growth is slowing down in the UK indu
Tech Mahindra Manages $200 million For Investing In Startups Across The Globe
World Economic Forum (WEF) meeting is the perfect place to represent future business plans. Tech Mahindra, an Indian IT service provider, has been seeking opportunity to invest in startups since long.
Chinese Venture Capital Cocoon Networks Open a $700M Fund in London
Cocoon Networks, a Chinese-backed venture capital group is setting up a £500 ($700) million fund in London. The fund is aimed to invest in European tech startups.
Microsoft To Offer Voluntary Replacement of AC Power Cable For Surface Pro Tablets
The AC power cables linked to Microsoft’s Surface Pro tablets of selective three generations pose fire risks due to overheating. Though a limited number of overheating issues have been reported, Micro
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