International Markets

Spain

Unemployment in Spain Still Almost 25%

Spain announced what economists claimed was good news. The National Statistics Institute (INE) reported that unemployment dropped to 23.67% in the third quarter (la tasa de paro es del 23,67%) from ...
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American Executives Move Manufacturing Out of China

In a reversal of decades of American companies moving manufacturing from the United States to China -- presumably to save money -- executives of large firms have changed their minds ...
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Pills

3 Irish Specialty Pharmaceutical Stocks to Buy After Tax Inversion Implosion

For now, while the benefit for American corporations to buy or merge and move overseas may be over, as evidenced by AbbVie cancelling its merger with Shire Pharmaceutical, that doesn't ...
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Model_S_touchscreen

Daimler Sells Stake in Tesla

In an announcement released after U.S. markets closed on Tuesday, Daimler AG, Germany-based maker of Mercedes-Benz and Daimler cars and trucks and smart cars, said it was “reorganizing its cooperation ...
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walmart-store-front-blue

Walmart’s Mexico Chief to Leave Next Year

The CEO of Wal-Mart de Mexico, widely known as Walmex, the publicly traded arm of Wal-Mart Stores Inc. (NYSE: WMT), will step aside next year, according to reports. Scot Rank ...
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Sports car

Daimler Reports Free Cash Flow Gusher

Daimler, the maker of Mercedes-Benz cars, announced that free cash flow in the company’s third quarter rose to €5.4 billion from €1.6 billion in the third quarter of 2014. Excluding ...
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Finland

Finland Loses AAA Rating: How Much Did Nokia Contribute?

The nation of Finland just found out that negative gross domestic product (GDP) comes with consequences. Standard & Poor's has lowered its economic assessments of Finland, noting that subdued external ...
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Kiev

Will Ukraine Commit Economic Suicide?

By James Stafford of Oilprice.com Ukraine is on the brink of committing economic suicide after imposing a crippling 55 percent tax on private gas producers, while parliament prepares to vote ...
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global economy

IMF Cuts Growth Forecast; US Carries the Developed World

If it weren’t for a projected 0.5% increase in the outlook for U.S. economic growth, the forecast for 2014 global growth from the International Monetary Fund (IMF) would be even ...
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Chevron

Chevron Takes a Partner in Canada Shale Play

Chevron Corp. (NYSE: CVX) announced Monday morning that its wholly owned subsidiary, Chevron Canada Ltd., has sold a 30% stake in the company’s 330,000 net acres of the Duvernay shale ...
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shopping cart

Court Rules Against Walmart in Mexican Bribery Case

What did Wal-Mart Stores Inc. (NYSE: WMT) know about allegations of bribery in Mexico, and when did they know it? The retail giant will have to answer those questions in ...
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coffeeshop

Starbucks Takes Full Control of Its Japan Operations

Starbucks Corp. (NASDAQ: SBUX) has announced that it will acquire the rest of Starbucks Japan. The stake that this coffee giant is looking to reacquire is roughly 60.5%. The company ...
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Jeff Bezos

German Workers Walk Out at Amazon Warehouses

For at least the third time in 2014, Amazon.com Inc. (NASDAQ: AMZN) has been hit by a workers walkout at its German warehouses. Workers at two distribution centers in Bad ...
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Scotland Flag

Scotland Independence Vote: It’s All Over but the Counting

The polls have been closed for about an hour in the Scottish referendum on independence. Votes are being tallied and early estimates on voter turnout are very high. According to ...
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Scotland Flag

Scotland Expects Record Turnout for Independence Vote

Voters in Scotland started going to the polls at 7 a.m. local time Thursday to answer a seemingly simple question: “Should Scotland be an independent country?” There is a box ...
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