Andrea Vizcaya

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How India lost $14 billion worth of foreign investment in two days

India’s hopes of attracting foreign investments has taken a $14 billion hit.<p>The world’s largest steel company, ArcelorMittal, abandoned plans on Wednesday to build an $8.5 billion steel plant in the eastern state of Odisha. That came just a day after South Korea’s Posco scrapped a $5.3 billion plan …


China seen overtaking US as global superpower

A majority of people across the globe believes China will eventually eclipse the United States as the world's leading economy, a new survey released on Thursday showed, although America is still widely seen as holding on to the top spot for now.<p>Since the 2008 financial crisis, perceptions of the …