New York is the most competitive city in the world, according to a new survey by Citigroup and the Economist Intelligence Unit.
As ministers meet to finalize the Greek payout, concerns have been raised that Spain may become the next challenge for the Union as it struggles to keep its debt-ridden Southern members afloat.
Black economic empowerment laws call for the transfer of about 25 percent of mining equity to black South Africans
Italy fell into recession in 2011, according to data released Monday, as its debt crisis and austerity measures combined to slow growth for two consecutive quarters
Stock index futures were little changed on Monday as economic data in China gave investors reason to pause after a 3-day rally.
Italy is in recession, final data confirmed on Monday, underscoring the difficulties facing Mario Monti's technocrat government as it grapples with a shrinking economy dragged down by austerity measures and a debt crisis.
China lowering its growth target will have no direct impact on policy and also will not necessarily mean that it is less supportive to growth in the rest of the world, according to a report by Capital Economics.
India’s Finance Minister Pranab Mukherjee will present the budget to parliament on Friday March 16 in which there is a high possibility that it will be longer on promises than on specific measures according to Capital Economics.
After the devastating 3/11 earthquake, tsunami, and nuclear catastrophe, the reconstruction efforts to get under way in earnest this year will boost Japan’s gross domestic product, but this does not mean the country will be any better off, according to a report by research consultancy Capital Economics.
With Japan observing the one-year anniversary of its extraordinarily deadly 3/11 triple disaster on Sunday, the English-language online sites of three of the country's largest-circulation newspapers are all now covering various aspects of the earthquake, tsunami, and nuclear meltdowns associated with last March 11.
The copper price will fall to $5,000 per tonne over the next two years, well below current levels of around $8,400 and less than half the highs seen in early 2011 according to a report by Capital Economics.
Leaders of China and India, two of the world's biggest economies, are responding to a decline in their nation's blistering rates of growth by focusing on virtually identical ways to stimulate bank lending and regain financial momentum.
Wholesale businesses increased their inventories less than economists had expected in January, as firms across the U.S. sought to manage their supply chain in the face of weaker sales.
Greek officials say the deal eases their country's debt burden by €105 billion. Next up: Action by the European Union to determine if Athens will get emergency loans to help avert a default.
A lack of policy direction in North Africa is jeopardizing the already-sluggish economic recovery according to a report by Capital Economics.
Central bankers around the world took their foot off the loose monetary policy throttle Thursday and kept benchmark interest rates steady on inflation concerns and the lack of new threats to gross domestic product growth.
Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
Greek tourism revenues could drop by up to five percent in 2012 due to a fall in pre-bookings from Germany, industry officials said Wednesday, denting hopes the key sector will help pull the country out of the Eurozone financial crisis.
A U.S. trade bill targeting Chinese imports goes against international rules and Beijing will not adjust the value of its currency to try to bridge a trade deficit that is Washington's problem to fix, China's commerce minister said on Wednesday.
Futures on major U.S. indices point to a higher opening on Wednesday ahead of economic data including ADP national employment report and non-farm productivity.
Stock markets in Asia declined for the third day Wednesday uncertainty over Greece's debt deal and concerns over a slowdown in global economic growth dampened sentiment.
U.S. stocks finished Tuesday with the worst one-day decline so far in 2012 as a sell-off spread from Europe driven by fear of a disorderly default in Greece and a slowdown in global economic growth.
