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News & Updates

March 10, 2015 Why Europe shares could surge 70%

Yahoo Finance India - Citigroup raised its end-2015 îStoxxî 600 (îSTOXXî: .îSTOXXî) target to 450 from 400 and introduced and end-2016 target of 550, as a "grey-sky" scenario, compared with the...

March 10, 2015 Dollar at 12-year peak versus euro, emerging markets spooked

Source: Reuters

The U.S. dollar hit multi-year highs against the euro and yen on Tuesday on the growing chance of the Federal Reserve hiking interest rates by mid-year, the prospect of which also hurt stocks and currencies from emerging markets.

March 10, 2015 Credit Suisse replaces CEO with insurance exec

Source: CNN Money

Insurance executive Tidjane Thiam will take the reins when Brady Dougan steps down in June. Thiam leaves the top job at U.K. insurer Prudential, (PUK) which he held since 2009. Since then he has presided over strong growth in the...

March 10, 2015 Income inequality increasingly concerning

Cape Breton Post - In Canada, the C.D. Howe Institute, îthe Conference Boardî of Canada and the Canadian Centre for Policy ... âIn spite of the enduring belief that Americans enjoy greater îsocialî...

March 10, 2015 GM faces union demands following stock buyback plan

Source: Automotive News

DETROIT (Bloomberg) -- General Motors CEO Mary Barra started off her second year in the job with an activist investor at her door after her first year was largely consumed by a safety investigation over fatally defective ignition...

March 9, 2015 Egypt to Save Over US $2.4 Billion Annually, Cut CO2 Emissions by 13%, Water Consumption by 40% and Create 8 Million New Jobs, Through Transition to Green Economy

Source: Reuters

Cairo - A shift to a green economy pathway could lead Egypt to achieve annual savings of over US$1.3 billion in the agriculture sector, and US$1.1 billion in the water sector, as well as a 13 per cent reduction in CO2 emissions,...

March 9, 2015 U.S. Gas Pumps Rise In Two Weeks

Source: Morningnews USA

Gasoline pumps has shot up thrice in the two weeks ending in March 6. The average price of pumped gasoline reached $2.5348 per gallon, rising 20.98 cents, according to the Lundberg Survey. The average price was based from 2,500...

March 9, 2015 The New Jobs Report Shows Janet Yellen’s Quandary in a Nutshell

Source: NY Times

The biggest decision that Janet Yellen has faced in her year-old Federal Reserve chairmanship was laid bare in a single report on the domestic job market released Friday.

March 9, 2015 Americans participating in the labor force reduce to multi-year lows

Source: Uncover Michigan

The number of Americans participating in the labor force has been on a decline for the past few years. Nearly 33 percent of the Americans above age 16 are not part of the workforce, the highest number since 1978. The Bureau of...

March 9, 2015 Independent Sector Should Stop Pushing Self-Regulation

Source: Huff Post

Last month Independent Sector, the coalition of big foundations and nonprofits, held a major event on Capitol Hill calling attention to newly updated guidelines on accountability it hopes every nonprofit will follow.

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