Global Economy
China Offers India a ‘Handshake Across the Himalayas’ to Ease Border Tension
India and China will study new ways to ease tensions on their ill-defined border after an army standoff in the Himalayas, Chinese Premier Li Keqiang said on Monday on his first official foreign trip. ...
Key European Union Law On ‘Too Big to Fail’ Up for Vote
A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monday. Bank of ...
CFOs Express Growing Confidence in U.S. Economy
During the past year, chief financial officers (CFOs) have grown significantly more confident in the U.S. economy. The 2013 Spring CFO Survey from Grant Thornton LLP reveals that 45 percent of ...
Controversial Global Accounting Rule Alters Treatment of Property, Equipment Leases
Company balance sheets could swell by trillions of dollars under an international plan issued on Thursday by two accounting bodies to show more clearly the cost of leasing everything from ...
Investment in Developing Countries to Triple by 2030: World Bank
The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial ...
Emerging Markets Stoking Insurance Growth: Munich Re
Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world's biggest reinsurer, Munich Re. In a study published on ...
Copyright Owners Blocked from Suing Google’s YouTube in Class Action
A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc. over the use of material posted on YouTube without their permission. U.S. District Judge Louis Stanton in ...
U.S., European Retailers Differ Over How to Make Bangladesh Factories Safer
A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming ...