Low Oil Prices Are Hurting North American Economy Growth
Crude oil is currently at $47.12. Whilst most people especially drivers, airlines and freight companies are enjoying cheap fuel prices, the oil industry is responding to its much lower profit margins with significant More...
Amazon Q2 Earnings Come In Ahead Of Expectations
Jeff Bezos, CEO of Amazon. The US based e-commerce giant, Amazon today released its quarterly earnings statement which were ahead of Wall Street’s expectations. The company reported earnings per share of $0.19, More...
Warren Buffett Donates $2.84 Billion To The Gates Foundation & Four Other Charities
In 2008 Buffett had an estimated net worth of $62 billion making him the richest person in the world. On Monday Warren Buffett announced that he donated roughly $2.84 billion in Berkshire Hathaway Inc stock last More...
Dixons Announces Venture Into US Markets With Sprint
Over the last 12 months shares in the company have risen by 44.3%. British group Dixons Carphone announced, on Thursday morning, the signing of a joint venture deal with Sprint corporation, the US’s third largest More...
Chinese Stock Markets Valued Above $10 Trillion
Chinese stock markets have been the best performers in the world this year. At the end of trading on Friday the Chinese stock market value rose above $10 trillion for the first time, the latest record following More...
Airline Profits Expected To Soar In 2015
The forecast improvements are mostly due to lower fuel costs for airlines. Fueled by the low cost of oil and a smarter use of plane loads, the global industry forecasts that profits will take off in 2015. The International More...