Alibaba Sets Record for Largest IPO in the US

After Alibaba's first trading day on the NYSE, the company set the record with the largest IPO in US history at $25 billion. Alibaba Group is known as the...

The Interview breaks record of highest earning online movie

'The Interview' has become the highest earning online movie for Sony Pictures Entertainment. Having released with numerous controversies and speculations, The Interview has earned $15...

USAID Channeling Money Back To The US Companies Under Kerry-Lugar Bill

Zeeshan Javaid, Correspondent (Business)   ISLAMABAD — One of the leading donor institutions in Pakistan, United States Agency for International Development (USAID) is busy pumping in the...

Goodbye Black Cabs?

Jennifer Ubah, Correspondent (Business)   LONDON- The well-known black taxis that dominate the streets of London are facing possible extinction. The company Manganese Bronze that has been...

SFO Begins Inquiry Into Rolls-Royce Bribery Allegations

Dipika Rangasami, Editor (Business)   LONDON - The British aerospace and defence company Rolls-Royce is to be the subject of a formal criminal investigation by the Serious...

China joins the league of world largest arms exporter following USA and Russia

SIPRI report has revealed that China has become the third largest arms exporter in the world. Surpassing the Europe's leading economies Germany and France, China...

‘Pretty bad to very, very bad consequences:’ the IMF intervenes in the Brexit debate

LONDON - When Christine Lagarde was asked if her independent assessment had been meddled with by the Treasury, her response was “Heck no!” –...

OIG Discloses Wastage of American Taxpayer Money

Zeeshan Javaid, Correspondent (Business)   ISLAMABAD - The misappropriations and mismanagement in one of the ongoing projects of United States Agency for International Development (USAID) in Pakistan,...

Mark Zuckerberg campaigns against anti-globalization

Mark Zuckerberg, Facebook co-founder, started his journey accompanied by his wife, Priscilla, around United States to promote actions against anti-globalization. On February 16, the...

Rise in Consumption Tax Due to a Fall in Japan’s GDP

Despite an upswing in GDP in the first quarter, Japan’s economy faces a drastic decline in the second quarter due to the increase in...