Economy News

India to see 2.5% increase in remittances in 2015: World Bank

India topped the list of global remittances in 2014.

Oct 23, 2015

Real Madrid: UK College offers students chance to study for degree at Santiago Bernabeu

University College of Football Business announces partnership with 10-times European champions.

Oct 23, 2015

Hackers hunt for commercial gains in "Space, the final frontier"

Satellites supporting commercial networks on earth are growing rapidly, making them a ripe target for cyber attacks,

Oct 23, 2015

China: American Auction chief says emerging market perfect for SMEs to enter

Deb Weidenhamer, the CEO of American Auction told IBTimes UK that the consumer market is booming in China.

Oct 22, 2015

Saudi Arabia at risk of exhausting financial assets in 5 years: IMF

Saudi Arabia's net foreign assets declined to more than two-year low of $654.5 billion in August.

Oct 22, 2015

Japan offers loan to India's $15 billion bullet train in edge over China

Tokyo was picked to assess the feasibility of building the 505-kilometre corridor linking Mumbai with Ahmedabad.

Oct 22, 2015

EU orders Netherlands to recover $34m from Starbucks

The European Commission ruled on Wednesday (21 October) that Starbucks and Fiat benefited from illegal tax deals with the Dutch and Luxembourg governments, in cases with major implications for the taxation of multinational companies.

Oct 21, 2015

Xi Jinping hails UK-China friendship at Buckingham Palace banquet

Chinese President Xi Jinping kicked off his first state visit to the UK by hailing the friendship between the two countries, which he expects to hit a new height. At a Buckingham Palace banquet, Xi said China and Britain were partners who had the same goals and vision and paid tribute to their alliance during World War II.

Oct 21, 2015