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2 mins read

Violence cost India's economy 9% of its GDP last year

India did, however, move up one place to 136 on the Global Peace Index, a ranking of 163 countries …

Dilsher Dhillon   


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1 min read

UPS is reportedly making a major investment in Europe

"We will strongly expand our network in Germany and the rest of Europe," the magazine quoted UPS Ge…

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1 min read

Deutsche Bank probes suspected $6 billion money laundering in Russia

Deutsche Bank repeated a statement from May 20, saying it had suspended a small number of traders i…

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3 mins read

'Progress' in Greek debt talks after Varoufakis sidelined

Discussions between Athens and its creditors are hung up in particular on cuts to pensions and dere…

AFP   


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2 mins read

US logistics group XPO has announced a $3.56 billion deal with France's Dentressangle

XPO said the deal is worth 2.17 billion euros for Norbert Dentressangle shareholders. XPO will buy …

AFP   


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5 mins read

Anger could derail Mexico's economic recovery

This may compound the impression that Mexico is not a safe place to do business or scare off invest…

Christopher Woody   


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3 mins read

This is how Finland's basic income experiment could work

Social benefit systems are complex and more often than not bureaucratic. The Finnish proposal, and …

Donald Armbrecht   


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1 min read

Greece reportedly intends to seek extension of loan agreement

However, Tsipras has made a distinction between the full bailout program and the issue of Greece's …

Renee Maltezou   


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1 min read

Smuggled smokes: Nannies v Al Capone

The reason is that tobacco taxes are high: a pack of 20 costs $13 in New York, compared with $5 in …

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5 mins read

German economic policy is hurting Europe, the world, and itself

These start with Germany's "energy transition," a plan to exit simultaneously from fossil fuels and…

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4 mins read

Here's What It Will Take For The Marlboro Of Marijuana To Emerge

Despite the boom, no big force has yet emerged. Even Colorado's biggest retail chains, such as LivW…

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2 mins read

The Strange Story Of The America's Most Fought-Over Office Block

Among them are Donald Trump, the industry's master of self-promotion, who was the first to push ren…

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4 mins read

FORGET THE 1%: It Is The 0.01% Who Are Really Getting Ahead In America

The results are enough to make Mr Piketty blush. The authors examine the share of total wealth held…

Michael B Kelley   


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3 mins read

Merrill Lynch Is Bleeding Top Talent

Two of the sources familiar with the matter added that many of the brokers who departed had spent t…

Reuters,Linette Lopez   


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3 mins read

Why Housing All Across LA Costs So Much

Some of California's green rules drive up rents--and hurt the environment, too. The California Envi…

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4 mins read

The Mass Immigration Of Chinese People Into Africa Is Almost Entirely Driven By Money

The conversations recorded by Mr French in a dozen of sub-Saharan Africa's 48 countries leave an im…

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2 mins read

Norway Named Best Place To Grow Old

All but one of the top 10 countries are in Western Europe, North America and Australasia, with Japa…

AFP   


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3 mins read

There's a Goldman Sachs knockoff in China - and of course it's tied to Macau

The news came after a 39-year-old man in eastern China was arrested earlier this month for setting …

AFP,Portia Crowe   


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4 mins read

America's fastest growing metropolis isn't pretty - but it's thriving

Some wonder if a bubble is inflating. "We have overbuilt the apartment market already and we are we…

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9 mins read

Companies Controlled By Founding Families Remain Surprisingly Important

They also tend to have better labour relations, according to studies by Holger Mueler and Thomas Ph…