Tag: Capitalism

Ernesto "Che" Guevara has killed 50 years ago but today endures as an icon of leftist revolutionary struggle and anti-capitalism. Here is a timeline of...

WASHINGTON: A hollowing out of the middle class in advanced economies like the US, amid weak wage growth and rising inequality, is holding back...

PARIS: In just over seven months, humanity has used up a full year's allotment of natural resources such as water, food and clean air -- the quickest rate yet, according to a new report.

PARIS: Wealth accumulated by the richest one percent will exceed that of the other 99 percent in 2016, the Oxfam charity said Monday, ahead of the annual meeting of the world's most powerful at Davos, Switzerland.

WASHINGTON: A bare 0.004 percent of the world's adult population controls nearly $30 trillion in assets, 13 percent of the world's total wealth, according to a new study released Thursday.

PARIS: A cesspool of fraud and lies in the banking industry has come to light since the financial crisis of 2008, raising questions about how such rogue behaviour could have happened.

SEATTLE: Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.

LONDON/LAGOS: France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed.