The U.S. Federal Reserve has signaled that it would most probably hike interest rates twice more this year because of multiple factors which include the "strengthened" economic outlook for the U.S. economy in recent months. The Fed gave these signals while announcing another hike on Wednesday of 25...

There have been recent reports that access to about 50 million users’ data starting in 2014 had bene gained by a political consultant which resulted in questions about personal data safeguards being raised from within the Congress along with calls for new regulations for companies like Facebook...

New rules for internet advertising for political ad buyers could put them in the face of stricter disclosure mandates if the U.S. Federal Election Commission (FCE) enacts the laws.   Political ad seekers would have to disclose the identity of the sponsors of online advertisements if the new...

According to a warning issued by OPEC on Wednesday, global economic growth would be slowed down by the protectionist trade policies of U.S. President Donald Trump.   In its monthly oil market report, the 14-nation oil cartel has identified as a number of headwinds for the global economy...

Despite a positive economic outlook for the world, leveraged loan markets and a positive mood in the private equity, the market is perhaps at its best currently, warns senior participants.   Factors such as aggressive deal plans, proliferation of huge buyouts and rise in purchase prices have...

Following the scrutiny of a secret panel about the fall out to national security of the U.S. from ma possible deal between Broadcom Ltd and Qualcomm Inc., U.S. President Donald Trump stopped the hostile takeover of the later by the former via an executive order.   The recommendation for the...

A deal for the purchase of 48 Typhoon fighter jets by Saudi Arabia from BAE Systems – the British aerospace company is near to a closure, said the British company.    The two sides of the deal signed a memorandum of intent for the purchase soon after a meeting between the Saudi Crown...

The market for smart appliances is yet to gain the same degree of acceptance that has already been experienced by a wide array of smart home devices such as smart thermostats, connected lighting, and smart locks. This was one of the conclusions reached by a new report that looked into the changes...

There had been calls by the South Korean officials to reduce the rates of interest that General Motors had bene charging from its loss making South Korean unit on loans for years now but the calls were not paid heed to according to media reports based on documents claimed ot have bene seen by the...

Walmart is planning to soon relaunch a revamped section of its website that caters to online sale of home goods and furnishings.   It would be a few more weeks that the new and enhanced section would be launched, the company said very recently. At the heart of the planning is to counter the...

It was about 130 years ago that German banker Joh Berenberg Gossler & Co. KG had left the United States. But now the lender is attempting to against start business there. Expansion and covering of U.S. stocks in a major way is the aim of this bank which is the world’s second oldest bank after...