Category: News

All stock market-related news in technology, business, economy, science, and politics.

India’s Economy Surpasses That Of Great Britain

As Theresa May returned home from her unsuccessful visit to India, she would bear witness to another relegation for the UK: India’s economy will be larger than the UK’s, for the first time in more than 100 years. This dramatic shift has been driven by India’s rapid economic growth over the past 25 years as well as Britain’s recent woes, particularly with the Brexit.

Wells Fargo Account Openings Fall For Third Month

Wells Fargo has said the number of customers opening accounts has dropped sharply for a third consecutive month — underlining the scale of the fallout from the recent scandal over its sales tactics.

Customers opened 41 per cent fewer Wells Fargo current accounts in November than they did a year ago and made 45 per cent fewer credit card applications.

China Investment In The U.S. Hit An All-Time High In 2016, But Don’t Expect The Same In 2017

China Investment In The U.S. Hit An All-Time High In 2016, But Don’t Expect The Same In 2017

Chinese investments in the U.S. hit an all-time high this year, surging 359% from the year before. But don’t expect a repeat performance in 2017. Thanks to growing U.S. protectionism and stricter Chinese capital controls, the flood of capital from China could slow down.