Key decision makers in prominent business companies throughout Europe have criticised failing education systems for rising youth employment and have been clamouring for the implementation of dual education schemes to help reverse this worrying trend.
U.S. investors are getting back into real estate, but their efforts are being complicated by the uncertain housing market.
Precious and industrial metals have been moving higher over the past few sessions in spite of fundamentals, suggesting commodities traders are loading up on the physical assets in anticipation of seeing at least one of the world's major central banks turn on the money spigots later this month.
The 105-year-old, 20-story luxury hotel is currently jointly owned by El-Ad Properties, an Israeli-owned real estate firm; and Kingdom Holdings, a company based in Saudi Arabia.
JPMorgan Chase & Co (NYSE:JPM) Chairman Jamie Dimon floated unscathed through a hearing of the Senate Banking Committee meant to examine what happened inside his banking behemoth earlier in the year, when a massive bet on the credit-default swaps derivatives market reportedly meant to 'hedge' other bank risks went sour, resulting in multibillionaire losses.
JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit.
Protestors were present on Wednesday, June 13, when JPMorgan Chase chief executive Jamie Dimon testified on Capitol Hill in Washington. The activists reportedly heckled Dimon as the head of the largest bank in the U.S arrived to take his seat at a Senate Banking Committee hearing.
The vast majority of donations from members of the financial industry have so far flowed to Mitt Romney, according to an analysis by POLITICO.
Not every Haitian immigrant to the United States completes the dangerous journey to get there, but those who do can have a surprising effect on the quality of life upon the island of their birth.
The Indian economy will grow by 6.9 percent in the current financial year despite government's inaction in policy reforms and the fiscal and current deficits that slackened economic growth, says the World Bank.
Stock markets in Hong Kong and China advanced Wednesday following an overnight rally in Wall Street overnight.
The price of gold was flirting with the milestone value of $1,600 per troy ounce on Monday, but concerns about the euro debt crisis tempered the yellowish metal's advance, published reports state.
The European Union's ?100 billion ($126 billion) bailout of Spanish banks may have, at least temporarily, saved those institutions. But the rescue is being judged a failure by the markets, as it appears to have seriously damaged the government's ability to borrow from international creditors, something a country running on deficit financing for the foreseeable future is vitally dependent on.
Hackers gathered in Tel Aviv last week to discuss the state of cybersecurity, amid suspicions that Israel is behind attacks on Iranian computers.
Indian retail sector, which is one of the fastest growing in the world, is under immense pressure to allow the Foreign Direct Investment. With multi-national retail giants like Wal-Mart and CarreFour and foreign investors lobbying the government to throw open the retail sector, the government has made several futile attempts in the past two years to allow FDI in retail.
Felda Global Ventures Holdings, Malaysia's state-owned palm oil producer, will likely exceed its IPO target of $3.2 billion when it goes public on June 29.
The Index of Industrial Production for April rose just 0.1 percent, corroborating fears that economic slowdown will persist in the current quarter.
Stock markets in China and Hong Kong declined Tuesday, following losses on the Wall Street overnight as the early optimism over the Spanish bailout plan faded.
Asian markets reversed the previous day's hefty gains on Tuesday as a European bailout for Spain's debt-stricken banks failed to convince investors that the spread of the debt crisis in Europe will be halted.
U.S. Environmental Protection Agency Administrator Lisa Jackson said her administration's environmental policies have had no influence on the coal industry's current hardships, despite enforcing tougher emission standards the industry says increases their costs and dampens demand for coal.
Political and economic decisions over the next week have serious consequences for the country's future.
China's May data dump over the weekend and on Monday painted a mixed picture of the economic health of the world's second-largest economy.
