For Wall Street's top dealmakers 2015 was a dream year while 2016 has started out with a jolt and threatens to take a nightmarish turn.   This is because some of the mega transactions that had ignited passion in the Wall Street at the beginning of the year have managed to put the lid on the...

Even as persistent global oversupply and Iran's plans to boost production put a cap on gains, there was a rise in the crude oil futures rose on Wednesday hinging on hopes for an agreement among exporters to freeze output underpinned the market.   After Kuwait said there were "positive...

March 26 is the last date for filing nomination for entry into Yahoo’s board. A proxy fight could ensue. Starboard Value LP, the activist hedge fund which is leading the revolt against Yahoo Inc’s management team, is now wanting the removal of the entire board of directors of the struggling...

Although investors have bet on one hike in interest rates for 2016, the Feds have made it clear that they are more ambitious than that. Those who have invested in the bull run which lifted the U.S. stock market in the past month, are now scrutinizing the Federal Reserve for cues regarding the pace...

In a market that has been glutted for the last one year, U.S. shale producers have found ways to maximize and optimize the production of oil wells. The U.S. shale oil industry is going through an interesting phase, older well which should normally gush out their contents before petering out are not...

United Technologies’ Pratt & Whitney to build engine for Northrop Grummn’s new long range bomber, which the USAF wants to deploy in the mid-2020s. The U.S. Air Force has named Pratt & Whitney as the engine manufacturer for Northrop Grumman Corp’s new long range strike bomber. Additionally...

Although investors and traders are looking at $50 a barrel, towards the end of 2016, U.S. shale oil producers have warned that they will come back if oil prices hit $40 a barrel. Weak Chinese trading data has yet again caused oil prices to slide with Brent crude, the only exception, still holding...

This is likely to be an outcome from the lapse of renewal of the Safe Harbour Framework. In what could potentially have far reaching legal consequences for tech companies including social networking giant Facebook, Germany’s cartel office has disclosed that it has opened an investigation into the...

Boom and bursts cycles are only cyclic in nature. Early investors have benefitted from astronomic returns while latecomers to the party have burnt their fingers badly. After the burst of the dotcom bubble followed by the global financial crisis, industries in emerging markets are grappling to find...

Will this be another Icarian act or is the data strong enough to pull markets out of their torpor? Various indexes point to strong sustained growth in the U.S. and with China finally appearing to make some impact against headwinds, the possibility of an economic lift-off in the near future wouldn’t...

The oil lobby has for long mocked and called Climate Change a hoax. Unfortunately the reality of the situation has caught up with it. Unless the oil industry innovates, it will be wiped out regardless of its argument that the developing world needs cheap energy. The survival of our very species is...