Alibaba reported to raise from eight banks a loan of $4 billion for fund expansion plans. Currently the company is indebted to leading banks like J.P. Morgan, Citigroup, Deutsche bank for a sum of $11...

On resumption of trading on the New York Stock Exchange (NYSE) after a halt of three hours, the U.S. stocks were down by over 1% in the afternoon more due to the turmoil in the Chinese market than the...

The Indian Economy is poised for a growth between 8.1% and 8.5% during the next fiscal year, as per the Economic Survey 2014-15 of the Government of India released on Friday. The survey said that the country...

On Wednesday, Eleven flights were cancelled out of Bay area. 128 planes were grounded by the Southwest Airlines after they never inspected backup hydraulic system that are used for controlling the radar...

JPMorgan Chase & Co targets to save $1.4billion in annual expenses, the company made this announcement on Tuesday. The saving target the area of investment banking and consumers, the annual expenses...

India Electronics and Semiconductor Association (IESA) has announced the role played by them in the signing of Memorandum of Understanding between the Government of Madhya Pradesh, a state of India, with...

The news of the International Monetary Fund and the World Bank agreeing to provide financial assistance to the tune of $19.5 billion to the conflict-ravaged Ukraine to mitigate the impending economic crisis...

Jacob J. Lew, the Treasury Secretary of the U.S. has thundered that his country will oppose and push back hard tooth and nail any attempt by countries trying to augment exports through weakening of exchange...

Apple has reached the top of the market capitalization level of over than $700 billion. It is the biggest closing value among US companies so far. Now its shares are estimated for around $122 per unit....

Gas prices in the USA have raised to the $2.20 mark. It is up thirteen cents over past two weeks. This elevation is the first price rise for the past nine months. Now there is a question that disturb everyone:...