Italy’s unemployment rate has reached 11 percent, with its banking sector crippling under massive bad debts.
Indian steel giant has been reprieved by a raft of government incentives and rising steel prices.
The pound has dropped by about 14 percent against the dollar since it hit $1.50 ahead of E.U. vote.
New report finds that about one in three firms surveyed thought their busineess would be negatively impacted.
By Michael Lerner Uber hopes to win over customers and reduce Kampala's heavy traffic simultaneously.
The so-called Niger Delta Avengers have warned oil firms to leave the region within two weeks.
by Michael Lerner As climate change-induced drought happens more, Zambia looks to diversify with solar.
by Michael Lerner The government hopes restoring rangeland will alleviate future droughts.
Michael Pearson's severance package was $9 million plus this opportunity.
By Michael Lerner A U.S. trade mission aims to partner with a viable domestic Mexican ethanol industry.
The firm is moving away from its traditional business of selling chips used in personal computers.
Raises a whopping $65bn with sale of debts.
P.M. Narendra Modi tweeted that India is now the country most open to FDI in the world.
The carmaker's shares on the Tokyo Stock Exchange slid by 1 percent on Friday.
Takata's rupture-prone air bag inflaters have been linked to 11 deaths and over 100 injuries worldwide.
The move will add Mitsubishi into the existing 17-year-old alliance between Nissan and Renault.
By Michael Lerner Unions agreed to layoffs of a third of the staff rather than a likely path to bankruptcy.
U.K. Finance Minister George Osborne also ruled himself out to replace David Cameron as P.M.
S&P's move was a fresh blow to Britain's economic standing after the Brexit referendum.
BASF, the world's largest chemical producer, will boost its automotive coatings business.
By Michael Lerner The tentative deal to sell Tehran 100 passenger aircraft will need Washington's approval.
Aramco increased output to an all-time high last year while keeping its reserves unchanged.
Saudi Arabia also indicated that it would increase crude oil production.
Teva has found buyers for nearly all of the assets it expects to divest.
A combined Mondelez-Hershey would command an estimated 18% of the global confectionery market.
The combined company will own 16,000 titles in its film and television library.
By Michael Lerner The startup raised $100mn to buy an enormous quantity of synthetic DNA.
By Michael Lerner Utilities, not just homes, are increasingly investing in large-scale solar projects.