German Industry
By Sylvia Delisle On Monday, June 6th, 2016

German Industry Orders Fall More Than Forecast In April

Foreign orders outside of the euro zone were the biggest contributor to the drop. German factory orders for April declined by 2 per cent during the month, a drop that was higher than expected with expectations of More...

Uber Saudi Arabia
By Sylvia Delisle On Thursday, June 2nd, 2016

Uber Receives $3.5 Billion From Saudi Sovereign Public Investment Fund

The investment will allow the company to expand in the Middle East, North Africa and China. Uber, on Wednesday, said it had raised $3.5bn in funding from Saudi Arabia’s Sovereign Public Investment Fund. The More...

Reynaldo Bignone
By Sylvia Delisle On Saturday, May 28th, 2016

Argentine Former Dictator General Sentenced To 20 Years In Prison

Reynaldo Bignone, 88, was sentenced to 20 years in prison. Former general Reynaldo Bignone, 88, was, on Saturday, sentenced to 20 years in prison for his role in “Operation Condor” under which an international More...

Janet Yellen
By Sylvia Delisle On Saturday, May 28th, 2016

Fed Indicates Interest Rate Hike Likely; US Dollar Surges

Janet Yellen said the fed would “probably” raise rates in the coming months. Federal Reserve Chair Janet Yellen made it clear that an interest rate hike in months ahead is likely, according to a conversation More...

Subsea Cable
By Sylvia Delisle On Saturday, May 28th, 2016

Microsoft and Facebook To Lay Trans-Atlantic Sub-Sea Data Cable

The Subsea Cable will link the US to Spain with 160 Tbps capability. Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB), in partnership with Spain’s Telefónica telecommunications infrastructure subsidiary Telxius, More...

Barrack Obama & Shinzo Abe
By Sylvia Delisle On Friday, May 27th, 2016

Obama Visits Hiroshima, Stresses Risks Of Nuclear Weapons

Obama with Shinzo Abe at the memorial site. US President Obama, visited the Japanese city of Hiroshima on Friday morning, seven decades after the city was nuclear-bombed  in 1945  ending WW-II. The visit opens More...