Shahzaib Rd

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Morgan Stanley's Bloodcurdling Economic Forecast: Global GDP To Shrink By 5% Next Year

This is of course the time when everyone rolls out their forecasts (aka “guesses”) for the year ahead. And there’s a fairly bloodcurdling one from Morgan Stanley, that global GDP growth is going to go into reverse next year: the world at the end of 2016 will be 5% poorer than it was at the …

Economics

Elon Musk Says That Tesla Vehicles Will Be Self-Driving In Two Years

We may never have flying cars (<i>Back to the Future II</i> lied to us!), but it seems more and more that self-driving cars are close to becoming a reality. While many different manufacturers are working on prototypes, Tesla seems to be the only one willing to give a tentative date of completion. …

Tesla

China investigates head of state-owned China Telecom

BEIJING (AP) — The head of a Chinese telecommunications giant has been placed under investigation on suspicion of corruption, the ruling Communist Party announced Sunday, as Beijing expands its anti-corruption campaign to more state sectors.<p>The party's disciplinary arm, the Central Commission for …

China

What we can learn from the broker that lost his client £500,000

Comment: A recent investment scandal shows how important it is to invest only with profitable, successful businesses<p>A City scandal that has not so far made the headlines has major implications for investors who allow a stockbroker or other firm to decide what should go in their portfolio.<p>These are …

Finance

Russia flirts with Saudi Arabia as OPEC pain deepens

Kremlin energy tsar says OPEC may have to ditch its low-price policy within months. But Russia needs to cut output quietly too<p>The OPEC oil cartel cannot withstand the pain of low crude prices indefinitely and may be forced to abandon its pugnacious bid for market share within months, Russia's chief …

Deliciously Ella: how to eat healthily without breaking the bank

Healthy eating is often associated with a hefty price tag, which is such a shame as it can be much cheaper than buying processed foods. I’ve been eating this way for the past few years and spend less now than I did before I changed my diet – it all just depends on what you buy. So to help you out, …

German industries have an economic case to welcome refugees

"If we can integrate them quickly into the jobs market, we'll be helping the refugees, but also helping ourselves as well," the head of the powerful BDI industry federation, Ulrich Grillo, said this week.<p>For the countless Syrians, Afghans and Eritreans fleeing war and oppression in their home …

Europe