Global News

Marcopolo and New Flyer Industries Inc Marcopolo (BOV:POMO3) has agreed to a strategic investment of C $116,4 million (Canadian dollars) in New Flyer Industries Inc.,(TSX:NFI)  Marcopolo (BOV:POMO3) will subscribe to 11,087,834 new shares to be issued by New Flyer Industries Inc., representing 19.99% of the share capital of the company. The common shares will be […]

With the United States dividing over the debt ceiling and the UK starting a five year debate on the future of its position in Europe, political divides look set to be a defining factor for western economies. During this period of uncertainty the one-party state, that is soon to become the world’s richest nation in […]

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The World Bank has raised its growth forecast for China, as a result of stimulus measures and approval of infrastructure projects which will boost growth. The bank has revised its GDP growth target for China to 8.4% in 2013, up from an earlier forecast of 8.1%. The World Bank’s upward revision of China’s growth prospects […]