Accusing Canada of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc, Brazil opened a formal complaint against Canada at the World Trade Organization (WTO).   Undercutting the market for commercial jets made by Brazilian rival Embraer SA was the support...

Deputy Governor of the Central Bank of Italy Salvatore Rossi during a radio show was asked why wouldn’t the country abandon the euro and return to its old and familiar currency, the lira. According to Rossi, such a scenario could not even be put forward for public discussion and would result in a...

In Australia, mortgage arrears are creeping up, lenders’ bad debt provisions have increased and personal insolvencies are near an all-time high are the three warning signs that back up the spike in demand and consumers and property investors around Australia are making more calls to financial...

PwC published a forecast of the world’s most powerful economies until 2030. The report is called "The long view: How will the global economic order change by 2050?". The paper includes 32 countries and projects GDP at purchasing power parity (PPP). PPP is a measure used to determine economic...

Greece should meet the fiscal surplus target preferred by most IMF directors which will help its economy to grow by just under 1.0 percent in the long run given the constraints of its bailout program, the International Monetary Fund said on Monday while talking about the future of this European...

While asking the Romanian government to increase transparency, both European Union officials and investors have raised concerns over corruption in the country.   This followed the government scrapping the constitutional changes to make null and void government's plans to tinker with the...

Analysts see an opportunity for double-digit growth of AMD's stock price in the current year, according to Barron's. Over the past year papers of the producer of chips and graphics solutions have risen fivefold. This year, AMD's position may strengthen significantly. This statement relates not only...

As a regulatory clampdown and restrictions on foreign exchange caused 30 acquisitions with European and US groups to fall through, the Financial Times reports that Chinese overseas deals worth almost $75bn were cancelled last year.   A waning appetite for global dealmaking by the world’s...

The suddenly limp U.S. dollar is something that stock investors could have at least one less worry in the next earnings period.   A sharp reversal since the start of the year has been witnessed in the greenback, whose strong rally after the Nov. 8 U.S. election hit profits at many U.S....