Business

Situation in syria makes oil prices soar

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Oil prices have risen significantly due to concerns that Syria is on the brink of a widespread military conflict. Brent crude oil prices surpassed $113...
China

Tax evasion – China joins international efforts

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With China joining the international effort to combat tax evasion, all G20 countries have now united and committed towards the automatic exchange of information. Tax...

JP Morgan has to pay over $50 million for breaching contract

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The investment bank giant JP Morgan has been told to pay Russian billionaire Leonard Blavatnik more than $50 million for placing risky subprime mortgage...

U.S. about to reach debt limit

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Treasury secretary, Jack Lew, has just stated that the U.S. is on the brink of reaching its debt limit. The news puts extreme pressure...
health

Amgen buys Onyx Pharmaceuticals for $10.4 billion

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Amgen has just agreed to purchase Onyx Pharmaceuticals for nearly $10.4 billion in cash, giving the company access to three anticancer treatments. Although Amgen is...

Abercrombie & Fitch announces very poor earnings

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Abercrombie & Fitch announced very disappointing second quarter earnings last Thursday, with a 33 percent drop in profits - mainly due to weak consumer...
IMF

IMF – Monetary policies have bought you time, use it wisely

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IMF Managing Director, Christine Lagarde, told top officials at the Jackson Hole Economic Symposium, Wyoming, that unconventional central bank monetary policies have bought the...

Yahoo websites beat Google as most visited US websites in July

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According to the latest comScore's Media Metrix ranking, websites belonging to the internet giant Yahoo  are ahead of their number one rival Google. The data...

MBA Graduates ten years later define success

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A new case study has shown that INSEAD MBA graduates see success as much more than simply a good salary and position. The study,...
House

Mortgage rates jump, USA

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The benchmark 30-year fixed mortgage rate jumped to 4.74%, its highest point in over 24 months, says Bankrate.com’s weekly national survey. The median 15-year fixed...