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Court rejects Johnson & Johnson's plan to settle talcum-related disputes for $9 billion 04/02/2025

Arctic Geopolitics and the U.S.-Russia Rivalry Over Greenland 03/29/2025

US Demands Reshape Ukraine’s Mineral Deal: 03/28/2025

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Economics

The Chinese Took the First Place Among Foreign Purchases of US Property

Chinese buyers took the first place among the foreigners who buy housing in the United States. It is reported by The Wall Street Journal. According to the National Association of Realtors, last year the proportion of Chinese citizens among the foreigners who buy residential real estate rose from 12...

Airbus Goes Ahead Boeing

European aircraft concern Airbus Group SE beats its main rival Boeing Co. by the number of orders at the air show in Le Bourget, after signing the contract for the supply of 110 aircrafts to air carrier Wizz Air, reports the agency Bloomberg. Hungarian lowcoster ordered single-aisle aircraft...

Shell Gets Stuck in Seattle

Environmentalists blocked the drilling platform Shell Polar Pioneer, which is going to leave the port of Seattle (USA) to the shores of Alaska to begin drilling offshore. According to the website of Greenpeace, 13 kayaking activists blocked the road to the drilling platform, forming a live barrier...

US Markets Ups and Downs

The volume of industrial production in the US decreased by 0.2% in May 2015 compared with the previous month, the Federal Reserve System report said. Economists surveyed by Bloomberg, expected an increase in the same amount. For six months, industrial production in the United States shows no...

Tsipras postive about a new compromise deal on debts

Greek PM hints at a new compromise deal to clear the debts, while getting the next tranche of loans from its troika of creditors Greek PM Alexis Tsipras has hinted that he is almost close to creating a compromise deal with creditors, aiming to not default on its debts and keep its place in the...

Chevron’s Major Big Foot Oil Project Faces another Series of Setbacks

Chevron Corp has been facing a series of major setbacks on its Big Foot oil project. Nine of the total sixteen connectors have sunk to the sea bed without any clear reason. Situation of them are now being assessed in order to get the project on track factoring in the indefinite timeline delays....

Robin Hood is Getting Unpopular

In the world of inequality, an egalitarian robber always been an attractive character - from the English Robin Hood to the US Jesse James. Many countries like to make heroes out of the bandits who take money from the rich and give to the poor. The economy, in the most primitive sense, also supports...

EP to Hold Russia Back

June 10, Wednesday, at the plenary session in Strasbourg, MEPs approved a resolution based on the report of the Lithuanian deputy Gabrielius Landsbergis. 494 deputies supported the draft resolution of Landsbergis, 135 voted against, another 69 abstained. Resolution of the European Parliament are...

PVR to buy DT Cinemas for Rs 500 crore

Consolidation has become the norm in the booming movie screen business in India India-based multiplex movie screen chain PVR Ltd has acquired real estate major DLF’s DT Cinemas for Rs 500 crore. The new investment in the booming movie screen business signals a wave of consolidation unseen...

Credit Suisse: What to Expect from World Economies?

At the end of 2014, the US was the only bright spot among the world's largest economies. China's economic growth had slowed, Europe was on the brink of deflation, and Japan was coping with recession. However, the performance of the US economy became worse in 2015. Economic indicators show that the...