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In the past, contracts have been awarded in ways that have been less than transparent and companies were more often than not required to pay bribes before their money could be released. Although youth and women's groups are coming up with business
The percentage of Canadians who have been without work at least a year (the definition of long-term unemployment) highlights a blight that remains in the post-crisis era and underscores a skills mismatch in the labour market. Reuters Market View
Secretary Treasury Jack Lew is speaking to the Senate Finance Committee to explain what breaching the debt ceiling means. In his prepared remarks, he warned that the biggest risk to U.S. growth is a "manufactured crisis" in Washington and self-
Nearly three-quarters of investors in a new survey say their confidence in the economy has been shaken by the government shutdown and threat of default. Most people have not made adjustments to their portfolios as a result of the political impasse in
The analysis by researchers at Niels Bohr Institute showed that there are common features in user activity on Twitter and in stock market transactions in the financial market. Joachim Mathiesen, Associate Professor of physics at the Niels Bohr
Reserve Bank of India governor Raghuram Rajan's planned redefinition of lenders' rights may lead to a surge in long-term debt portfolio flows as this makes investors confident that they can recover their dues even if an enterprise collapses. The
The kiwi was little changed at 82.90 US cents at 8am in Wellington from 82.93 cents at the 5pm market close yesterday. The trade-weighted index was little changed at 76.86 from 76.88 yesterday. The US government partial shutdown is now in its second
Italy joined most other European financial markets in closing lower on Tuesday, weighed down by concerns over the lingering government gridlock in the United States and sluggish growth in German...Investors were concerned as the government shutdown
But critics say that the government guarantee, that forms part of the second phase of the scheme, could create a housing bubble in the UK. Not all mortgage seekers will be able to sign up, and those who do will still have to go through "rigorous"
The London Stock Exchange's junior market boomed during the first seven years of this century, expanding rapidly even during the three-year bear market that followed the collapse of the technology, media and telecoms bubble at the beginning of 2000.