Asian stocks turn mixed, European stocks edged up
The latest economic data from China was mixed and Asian stocks also reacted in a similar way. Nikkei rose for the sixth consecutive session, while Hang Senge, SET index, and others dropped. Shanghai, Jakarta, Kospi, and Sensex were up.
Nov 12, 2015 3:14 AM EST
Colombia oil production slips below target
Colombia's oil production is slumping steeply in the wake of reduction in drilling activity, ageing oil wells and continuous drop in oil price. The Colombian government is planning to offer tax incentives to the oil industry to keep up the production.
Top 5 Magnificent Volcanoes in Java, Indonesia
Java Indonesia boasts a number of volcanoes that offers wonderful attraction in the country. Volcanoes in Java, Indonesia are one of the reasons why a traveler must pay a visit to this Asian country.
China Announces No Tough Rules For Foreign Bank Card Firms
China will not impose tough licensing restrictions on overseas bank card providers. China will not impose tough licensing restrictions on overseas bank card providers looking to enter the country's $7 Trillion card payment market, a senior central bank official claimed on Tuesday.
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Dollar rally is back on support of interest-swap rates
The US dollar turned bullish now. The greenback is trading at six-month high against Euro. The two-year dollar interest rate swaps surpassed shared currency area. Higher US interest rate swaps over European rates indicate strongest possibility of interest rate hike by US Federal Reserve.
Nov 12, 2015 1:45 AM EST
Molson Coors to buy SABMiller's stake in Miller Coors
Molson Coors Brewing Co is nearing the closure of buying shares of SABMiller in Miller Coors for $12 billion. The stake sale is very much needed for getting regulatory approval for $106-billion SABMiller and Anheuser-Busch InBev NV merger plan.
Nov 11, 2015 10:38 PM EST
German Airlines Lufthansa Cancelled 930 Scheduled Flights on Wednesday As Strike Protest Continues
As the flight crew continues their walk out protest on Lufthansa, the German Airline decided to cancel the flights scheduled on Wednesday. Lufthansa also filed for temporary injunctions on Duesseldorf court resulted to halt the Tuesday strike.
Nov 11, 2015 8:19 PM EST
2016 US Olympic Marathon Trials to Host by Los Angeles City
The most awaited running event, the 2016 US Olympic Marathon Trials will be in Los Angeles City. The CEO of the L.A. Marathon LLC, Tracey Russel announced.
Nov 11, 2015 8:15 PM EST
Travel Kyushu Islands with Japan's First Luxury Cruise Train Seven Stars
The Cruise Train Seven Stars is Japan's first luxury train. While traveling Kyushu Islands, travel with Seven Stars as it will introduce you to the true beauty of Kyushu Islands.
Nov 11, 2015 8:10 PM EST
Best Things to Do in the Irish Capital City Dublin
The Ireland's capital city, Dublin has many things to offer. Dublin is known for its famous landmarks and attractions and visitors flocks to see it personally.
Nov 11, 2015 8:03 PM EST
Church Camping in England, New Lodging Trend for Tourists
In England, four of the country's historical church are open for lodging. Churches Conservation Trust turned the churches a hallowed hostels at night for locals and tourists.
Nov 11, 2015 7:42 AM EST
Argentina Economic Inflation is as much as 35 percent annually
The 35 percent annual economic inflation is one of the major challenges that the new Argentine president after the November 22 election must face.
Nov 11, 2015 3:11 AM EST
Japan, US rule out re-opening of trade pact
The US and Japan administrations have ruled out any possibility of re-negotiating the just-concluded TPP pact among 12 nations. It took over five years to make the TPP deal and at this stage it's not possible to re-open the trade negotiations.
Nov 11, 2015 2:03 AM EST
EIA cuts 2016 production forecast for US
The US Energy Information Administration (EIA) has cut crude production outlook by one percent for 2016. The oil price fall has also reduced shale drilling activity by over 50 percent in the US. The rise in wages and drop in unemployment rate and gasoline price are creating more demand in the US economy.
Nov 11, 2015 1:48 AM EST
Volkswagen facing ire of dealers, lags behind peers in auto sales
Reeling under severe pressure following its emission scandal, Volkswagen is facing sluggish sales, to the ire of dealers. About 650 dealers are stuck with business as Volkswagen sales dropped globally.
Nov 11, 2015 12:28 AM EST
GE and Alstom get $5.6 billion deals to build India railways
General Electric and French firm Alstom get the huge deals for India railways worth as much as $5.6 billion. The companies won the contracts against Bombardier and Siemens.
Nov 10, 2015 10:54 PM EST
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