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...

One of the leading companies in health sector, Johnson & Johnson is going to pay $72M to a family which the company caused the death of an Alabama female due to ovarian cancer that was due to Baby...

Due to unspecified defined technical problems NYSE stock market stopped the New York trade on Wednesday. Further traded is on the technology stock exchange NASDAQ. The New York Stock Exchange (NYSE) has...

Especially the backlash last massively broken Chinese stock market brought comfort. The hopes for a stronger recovery of US indices to kick off the earnings would quickly fizzle. Already in the first 10...

Despite the Greece crisis, the eurozone is on a moderate growth path according to estimates of the International Monetary Fund (IMF). After a tepid performance in the last year (0.8 per cent) that is 1.5...

Donald Trump is trying to turn Juan Francisco Lopez-Sanchez, the undocumented immigrant charged with the July 1 murder of Kathryn Steinle in San Francisco, into a “new Willie Horton” (as Paul...

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...

RICHMOND HEIGHTS-OHIO: Macy’s Inc. announced it’s decision to close their store in the Richmond Town Square earlier this month, and the day for final closing is approaching rapidly. The large...

GASTONIA, N.C- Lowes Foods, a large super market chain servicing the east coast of the US,  has announced that they will be closing all of their facilities in Gastonia, N.C, as of April 1st.  A huge...

Coverage on Bed Bath & Beyond has started regarding the $81 price target. The target has been set on the basis of 14.53x multiple on the FY16E EPS. We are initiating coverage on the home goods company...

Christine Lagarde, IMF chief, on a two-day visit to India, showered praise on Rahuram Rajan, the RBI Governor, on Tuesday, and said that it had been a colossus mistake on the part of the multilateral...

The IMF chief, Christine Lagarde’s being bullish on Indian economy is based on the reform initiatives undertaken by the NDA government led by the Prime Minister, Narendra Modi; targeting of inflation...

The Supreme Court of India has allowed extension to the Sahara Group to garner funds to secure the bail for Subrata Roy, its jailed chief. However, in the meanwhile, the U.S.-based company Mirach Capital...

The US crude prices dropped around 3% to a six year low, and it led to the fall of oil prices on Monday. With dollar hitting fresh highs, and oil storage capacity running low; it was bound to happen. In...

Christine Lagarde, chief of the International Monetary Fund, on Monday ahead of her talk with the Prime Minister of India, Narendra Modi, in New Delhi, has referred the Indian economy as a bright spot...