International Markets

globe

Even Slower Global Growth Seen in 2016 IMF Outlook

Get ready for even slower global growth than you previously expected. That is the message from the International Monetary Fund (IMF) in its updated 2016 outlook released on Monday. To ...
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British Airways A380

British Airways May Lease More Airbus, Boeing Jets

At a conference in Dublin, the CEO of International Airlines Group, better known as IAG, said that the company is looking to lease six used Airbus A380 superjumbo jets to ...
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2016 Audi A7

Audi, Mercedes Post Record Sales in 2015

Auto sales were strong in the United States throughout 2015, but the same result is not expected globally. IHS on Friday forecast global sales growth of just 1.5% year over ...
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Argentina

How Does an Argentine Bank IPO Sound?

Before readers think that this may be a hoax, it is not. How would most investors feel about buying into an Argentine financial group that owns a bank? After all, ...
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ThinkstockPhotos-179077153

Defensive International Large Caps for Turbulent Markets

As the market sell-off continues, it is helpful to look at some alternative defensive picks that might not be on the main radar. Most defensive plays are high market cap ...
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European currency

Why Merrill Lynch Sees Nokia and Rio Tinto Much Better in 2016 International Picks List

It is a new year and Wall Street forecasters have been busy in recent weeks updating their best ideas for the year ahead. One new view has come from Merrill ...
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Shipping containers

Even Agriculture and Food Exports to China Are Hitting the Brakes

Things are bad enough in China that even food exports to the world's most populous nation are slowing. The U.S. Department of Agriculture (USDA) has released a new report that ...
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commercial airline

November Air Cargo Volume Drops for First Time in More Than 2 Years

Air cargo volume declined by 0.9% year-over-year in November, the first time monthly volume has fallen in two and a half years, according to WorldACD Market Data. For the three-month ...
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Mandala

Asia Development Bank Sees 6% Growth in Region’s Economies

In a supplement published Thursday to its September report on the development outlook for the region, the Asia Development Bank (ADB) has maintained growth projections of 5.8% for 2015 and ...
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yuan

China’s Renminbi Now Officially a Reserve Currency

The International Monetary Fund (IMF) on Monday added China's currency, the renminbi, to the basket of official world reserve currencies. The renminbi, which is denominated in yuan, joins the U.S. ...
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India woman with mobile phone

India to Overtake US in Internet User Total

It took India more than a decade to grow its number of Internet users from 10 million to 100 million and three years to grow from 100 million to 200 ...
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European currency

Rekindled Interest in Currency Hedged Equity ETFs

The world of wildly fluctuating currencies and the wave of global quantitative easing, many U.S. investors wanting international exposure have decided to turn to hedged equity market exchange traded funds ...
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Network

China Gives OK to Nokia, Alcatel-Lucent Merger

The $17 billion merger between Finland's Nokia Corp. (NYSE: NOK) and France's Alcatel-Lucent S.A. (NYSE: ALU) received conditional approval Monday morning from China's Ministry of Commerce. The deal, first announced ...
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ThinkstockPhotos-179077153

Singapore Air, Airbus Team for World’s Longest Flight

Singapore Airlines and Airbus are teaming up to create the world’s longest non-stop flight beginning in 2018. The flight will originate in the city-state and fly nonstop some 8,700 nautical ...
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Oil pumpjack

Are Oil Prices Rising as Shorts Cover Their Bets?

Benchmark West Texas Intermediate (WTI) crude oil for November delivery rose above $50 a barrel in electronic trading on Thursday night and hit a high of $50.92 early Friday morning. ...
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