According to the US Department of Labor, US employers have been increasing bonuses and various types of compensation more than staff salaries. Experts believe that this does not necessarily mean an increase in confidence of employers in the state of the economy and business, but rather vice versa....

According to the World Economic Forum (WEF), the number of jobs that would be at risk of being eliminated because of the advancement of use of machines, robots and algorithms at the workplace would be half of the number of new jobs that such technology would create by the middle of the next decade....

The European Union should turn the euro into a real world currency in the long term in order to increase the effectiveness of its foreign policy, said Vice President of the European Commission for Energy Union Maroš Šefčovič at a press conference. "The fact that almost every import of energy to the...

The so called imperialistic and capitalistic banking practices were at the target of anti-globalisation activists in France and in Germany as they protested against such attitudes of banks which coincided with the completion of ten years of the collapse of the bank Lehman Brothers of the United...

The invitation by the United States for fresh negotiations on trade was welcomed by China even as the Trump administration is reportedly getting ready to impose another round of import tariffs on Chinese goods worth $200 billion.   The global stock and financial markets breathed a sigh of...

A report on global oil production by the International Energy Agency titled Oil Market Report has shown the global crude output reached a record high of 100 million barrels per day (bpd) for the month of August.   The partial declines of output by some countries were offset by an increase i...

The European Union wants to strengthen the global role of the euro in efforts to avoid pressure from US President Donald Trump, said Spanish Foreign Minister Josep Borrell. This is the last indication that European leaders are trying to establish greater autonomy amid Trump's desire to change the...

Saudi Arabia called a well-known US right defender to prevent a bill that has been submitted to Congress. The bill allows suing oil producing countries in US courts for possible manipulation of prices in the market. According to the published lobbying list, Riyadh signed a $ 250,000 contract with...

Through an investigation conducted by the CFTC, the BNP Paribas was found to have made attempts of manipulating the “ISDAfix benchmark”. However, the latter seemed to have cooperated all through the process. The BNP Paribas has been ordered to make a payment of “$90 million” as a “civil penalty” by...