Iraq would remain committed to the targets of output that it has agreed to under the global pact to cut supplies despite the fact that the OPEC member’s output capacity is closing in on a total of 5 million barrels per day, said Iraqi Oil Minister Jabar al-Luaibi on Saturday.   Despite an...

Many of the cryptocurrency watchers are now obsessed with market capitalization.    The term market capitalization represents the total value of all of one form of digital currency that is in circulation and is calculated multiplying of the total number of digital coins in circulation...

Growth prospects in 2018 could be dampened by some "black swan" events according to some Chines observers even as a broad-based recovery has been witnessed by the global economy last year.   Events that are rare and which could result in catastrophic ramifications is called black swan...

The ongoing OPEC-led output cuts and the prevailing tensions in the key producer country Iran has driven the price of global crude prices to an all time high since the setting of the slump in commodity prices in the global markets in 2014/15 and the prices that were touched on Thi=ursday were the...

The banking industry is being impacted by technology in almost all aspects. The manner in which customers are expected to be engaging with banks, the way banking products are being manages and the process of offering such products to customers is being impacted by digital disruption.  ...

Its Europe and not Ukraine where the real ‘war’ is being waged between the United States and Russia from a pure economical perspective.   In the oil and gas industry, Russia and the U.S. are the new giants. Americans intent selling to the Middle East and Asia is not able to undercut the...

The wage inequality gap in the United Kingdom could get even wider due to machines that threat jobs that are able to generate up to £290 billion in wages   According to the estimate of the institute, during the next two years alone, about 44 per cent of the jobs in the U.K. might get...

According to an estimate of Kelley Blue Book, there would a year-over-year drop of 7 per cent in the sale of new vehicles in December 2017 to touch a total of 1.57 million units.   "December should be the biggest sales month of the year, and despite our expectations for significant...

Toys worth £350 is gifted to the average child aged nine and below every Christmas. And in recent times, toys have transformed into items that are more sophisticated, computerised and connected enhancing the user experience. But this is exactly where there are rising privacy and security concerns...

A homemade aircraft carrier, a mid-sized civilian aircraft and a fighter jet that is as good as the best in the world have been developed by China in the last one year.   And added to it is the testing of the largest seaplane in the world, the country announced through its state media. It...

Record players and LPs have become that turned out to be one of the must-have gifts of 2017 in the UK which reminds one of the times when friends and families would gather round them to listen music.   The trend this year has been that millennials and forty somethings have developed a catch...