Legal & Regulatory
IMF reforms remain undone
Emerging markets cry foul over the continued inaction on 2010 reforms passed in the International Monetary Fund.
Deutsche Telekom to course local traffic through domestic servers
To protect itself from spy intrusions, Deutsche Telekom is instituting local routing of domestic traffic.
European Union-Taiwan ties opposed by China
China had formally protested bilateral ties between the European Union and Taiwan. Beijing raised objections to the actions done by the European Parliament to build closer trade ties with Taiwan.
Budget impasse and debt crisis may form into economic superstorm
With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.
Latest News
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.
Last Tuesday, Japanese Finance Minister Taro Aso urged the United States to settle its budget issues for Japan to be spared from fiscal trouble, reported Reuters.
The EU-US negotiations, already overshadowed by the revelations of former NSA contractor Edward Snowden, now faced even more delays due to the partial deadlock in the US government, said a Reuters report.
US Republican Senators said that President Barack Obama was open to changes regarding Obamacare, a possibility that the US deadlock on budget issues would be reached, reported Bloomberg.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.