International Markets

Saudi pipeline Yemen

Yemen, Iran and the Price of Crude

When the Saudi Arabian Air Force began bombing targets in Yemen last week, the price of West Texas Intermediate (WTI) crude oil for April delivery spiked to more than $52 ...
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Best Buy logo

Best Buy Closes 66 Canadian Stores, Fires 1,500 Workers

Electronics retailer Best Buy Co. Inc. (NYSE: BBY) said Saturday that it is closing 66 of its Canadian Future Shop locations and eliminating approximately 500 full-time and 1,000 temporary jobs. An ...
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Yemen Map

If Yemen Can Help Move Crude Prices, Here Is Its Economy by the Numbers

The stock market may have tanked on Wednesday, but geopolitical risk from Yemen was one of the excuses that was used for the rally in oil on this day. It ...
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Alternative Energy sources

Will India Be the Next Major Driver for Alternative Energy?

With the future needs of domestic and global power set to go higher, and with emission standards becoming more strict, many industry watchers and alternative energy investors are wondering which ...
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China Growth to Drop Below 7% as Economic Risks of Pollution Grow

New comments from the Organisation for Economic Co-operation and Development (OECD) say that the agency believes China's gross domestic product (GDP) will grow 7.0% this year and 6.9% in 2016. What ...
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upgrade

Why Merrill Lynch Raised Petrobras Argentina and YPF

Apparently when sentiment changes in investing it changes rapidly. Argentina has had its share of financial issues, but now we have seen a serious sentiment change for Argentina out of ...
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General_Electric_logo

GE Sheds Australian Bank

CEO Jeff Immelt continues to refashion General Electric Co. (NYSE: GE) as an industrial conglomerate with less emphasis on its once-booming financial business. In the company’s latest move, GE has ...
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BMW i8

BMW Posts Record Sales, Revenues, Profits in 2014

Munich-based automaker BMW Group disclosed its 2014 results Thursday morning, and the company said that it had its fifth consecutive record-setting year. Unit sales surpassed 2 million vehicles for the ...
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Boeing logo

Can Boeing Sway Reauthorization for Export-Import Bank?

The U.S. Export-Import Bank dodged a bullet last September when its charter was temporarily reauthorized at the last minute, breathing life into the 80-year old institution until June 30, 2015. ...
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Boeing F15 Fighter

Boeing Remains World Largest Arms Exporter

Last year, the United States exported a total of $23.7 billion in weapons to the rest of the world. The leading exporter of those weapons was Boeing Co. (NYSE: BA), ...
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GALLANT EAGLE '88

Saudi Arabia Imports $6.5 Billion in Arms

Saudi Arabia has replaced India as the leading arms importer in the world. The kingdom spent $6.5 billion in 2014, up 54% over 2013. The global arms trade rose from ...
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F-35 stealth fighter

US Largest Arms Exporter at $23.7 Billion

The United States exported $23.7 billion in arms to the rest of the world in 2014, more than double the total exported by second place Russia, which sold $10 billion ...
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Berkshire Hathaway Finds Cheaper Borrowing Costs in Europe

Berkshire Hathaway Inc. (NYSE: BRK-A) has made some interesting news this week. The conglomerate under Warren Buffett has successfully borrowed over $3 billion in new note and bond offerings. What ...
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5 Dividend Stocks to Buy as European Index Crushes S&P 500

After years of underperformance, the STOXX Europe 600 is mauling the S&P 500 this year, and it is a trend that could continue for a while. The large European index ...
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Spain

In Spain and Greece, 25% of Adults Still Unemployed

The unemployment rate in the euro area continues to drop. In January the figure fell to 11.2% from 11.3% in December. Eurostat made that improvement the headline of its release ...
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