In some way or another, about 20 cents of every dollar spent on health care in OECD countries is wasted, a new OECD report released Jan. 10 reveals this shocking truth. In the United States, more than 20 percent of total health expenditure is represented by that waste.   a meeting for OECD...

Just a day after China announced plans to invest a further $40 billion in the African country – Nigeria, Taiwan was asked to move its representative office out of the capital Abuja. Taiwan has objected to the Nigerian request as being "unreasonable".   Beijing has been allegedly trying to...

Next Tuesday, a speech on the Britain's divorce from the EU is expected to be given by the U.K.'s Prime Minister Theresa May.   However, skepticisms about the extent of clear details for financial markets on how she sees the future relationship between the U.K. and the EU unfolding that the...

Another corporate reporting season kicks off in the United States this week. During time, the largest public companies will be revealing their financial results for the fourth quarter of 2016, or even for the whole year. JP Morgan Chase, Bank of America and Wells Fargo have been the first to...

Even though considered among the “midcap growth companies” on an individual scale, but united these companies could potentially take over the IPO market. Snap Inc., a social media firm, has probably the “highest profile tech IPO planned” for the year of 2017, whereby withholding the potential of...

Bitcoin followers are hopeful that a fund that tracks the cryptocurrency would get approval and analysts are of the view that it would ultimately provide a major boost to its price.   Such an exchange traded fund has been proposed by Cameron and Tyler Winklevoss and regulators at the...

As Boeing Co responds to increasing competition amid slowing aircraft sales, as a part of a cost-cutting drive, the aerospace and defense company warned that it will conduct involuntary layoffs of engineers.   Dozens of job categories eligible for voluntary layoffs in Washington state,...

Alibaba laid out the Chinese e-commerce giant's new plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years as the company’s Executive Chairman Jack Ma met U.S. President-elect Donald Trump, an Alibaba spokesman said.   Company...

‘Consensus estimates are far too bearish for 2017’, said the experienced analysts of BofA- ML. Analysts at Bank of America-Merrill Lynch have picked AstraZeneca and Credit Suisse as their top picks for the first quarter of 2017.   Given the pessimism surrounding the stocks, the analysts have...