The Indian government has announced plans to award $2.3bn worth of state-sponsored highway contracts in the next six months in a bid to boost the quality of infrastructure in the country. The country ...
Brazil’s central bank lowered their benchmark Selic interest rate by 25 basis points, driving it to a historic low. Interest rates have been slashed nearly in just over one year, and now rest at 7.2...
Toyota has announced another wave of recalls following concerns that faulty window switches could get jammed or break down in the driver’s and passenger’s side. The Japanese car manufacturer has a...
The US department of Agriculture has estimated that the American milk output for 2013 will drop around 0.5 percent to 198.9bn pounds as the number of milk producing cows drops to an eight year low. Co...
The World Bank has cut its forecast for China’s growth rate this year citing concerns over the weak demand for its exports, and slow investment growth. The global lender cut its prediction to 7.7 pe...
The US credit union regulator has filed a lawsuit against the American arm of Credit Suisse Securities, accusing it of selling faulty or misrepresented mortgage-backed securities to three credit union...
Nasdaq was forced to cancel a number of stock trades in Kraft Foods after a trading glitch caused the company’s shares to shoot up nearly 30 percent. The trading error comes just days after Kraft Fo...
An advisory group set up by the European Commission has called for Europe’s biggest banks to keep their traditional deposit-keeping business legally apart from other, higher-risk activities. The rec...
Thailand’s economy has expanded around 3.3 percent in the second quarter, smashing forecasts which had puts growth at 1.7 percent. The figure was released by the National Economic and Social Develop...
Although the world’s second largest emerging economy has provided investors with plenty of opportunities over the last few years, growth last year plummeted partly as a result of the country’s ina...