Oil prices plunge based on the expectations that US crude oil inventories are likely to hit a new record high. Global oil & gas sector’s renaissance driven by US shale revolution has been facing major challenges due to drastic slide in crude oil prices. With US oil industry drilling at four...

Failure of Banking system has been a vital factor since 2008 financial crisis UK is entering a phase of deep political uncertainty as economic crunch makes way for constitutional turmoil. UK business investments have dropped at steepest rate in past 6 years in response to plunging global oil...

American hamburger chain McDonald's is struggling with its sales, thanks to a tectonic shift in consumer’s tastes as well as lifestyle choices, especially in its home country. The fast food retailer has announced recently that its sales continued to dip in February despite bringing in a new chief...

American vehicle manufacturing giant General Motors Co.  has announced Monday that it would opt for a $5 billion share buyback. The company has gone ahead with this landmark move to prevent further qualms with some of its investors. The company has also noted that it plans to maintain...