The Dow Jones Industrial Average has given up all of the gains it has made this year over the course of the past couple of weeks. Why? Well, in large part due to fears of a Greek default. But that’s not all. When Germany announced last week that it was banning hedging on Euro-zone government [...]

As the recession ends, consumer confidence is widespread. For some, however, there was never a recession. In China and India, optimism remains at an all time high. The effects of globalization that were expected early last decade, that of outsourcing these growing countries to even cheaper labor, has produced the opposite effect. Companies like Brazil’s [...]

With the annual collection of world leaders for Washington’s Spring Business Conference looming next month, and recent numbers for the first quarter already in, the recession is over and recovery has officially begun. China’s economy has grown by over 11% since a year ago, Singapore’s grew an astounding 32% last quarter, the U.S. had 3% [...]

On April 7th, British Airlines and Iberia inked a merger deal to become the world’s sixth largest airline in revenue. A day later, United Airlines and US Airways resumed talks that failed in 2000 and 2008. If these two were to merge, they would become the world’s 4th largest airline behind Lufthansa, Air France, and [...]

Google has redirected its Chinese users to a Honk Kong search engine to avoid the censorship of mainland China in a move that underscores the Internet giant’s volatility in the Communist country. Google has accused China of blocking users access to Google.cn, the search engine’s Chinese website. Although Google has a relatively large presence in [...]

Forbes has recently compiled a ranking list for America’s super rich. This year, for only the fifth time since 1982, the collective net worth of The Forbes 400 Richest Americans has declined – falling $300 billion in the past 12 months from US$1.57 trillion to US$1.27 trillion. Faltering capital markets and real estate prices, along [...]